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Vietjet posts US$48 million loss in Q2 with revenue down 54 percent

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low-cost carrier

Vietjet posts US$48 million loss in Q2 with revenue down 54 percent

August 5, 2020 by Payload Asia

Hanoi-based low-cost carrier Vietjet posted VND1,122 billion (around US$48 million) in operating losses for the second quarter, as air transport revenue slumped 54% YoY to VND1,970 billion (around US$84.5 million), a press release confirmed.  Vietjet said it has resumed all domestic flights when Vietnam opened up with 300 daily flights in June. The airline also launched eight new routes to meet the demand, boosting its domestic flight network to 52 routes with a total of 14,000 flights … [Read more...] about Vietjet posts US$48 million loss in Q2 with revenue down 54 percent

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, Hanoi, low-cost carrier, Vietjet, Vietnam

NokScoot to expand fleet with seven B777-200s

August 26, 2016 by Payload Asia

NokScoot - the Thai-registered long-haul, low cost carrier joint venture between Thailand's Nok Air and Singapore Airline’s Scoot - is set to strengthen its fleet and support its growth plan with the acquisition of seven more wide-body aircraft. The medium-to-long-haul low-cost carrier (LCC) has solicited interest from 30 parties, including airlines and lessors, to supply seven B777-200s over the next two years. The carrier intends to use the additional aircraft to support its growth plan, … [Read more...] about NokScoot to expand fleet with seven B777-200s

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, FAA, ICAO, International Civil Aviation Organisation, LCC, low-cost carrier, NokScoot, Piya Yodmani, Scoot, SIA, Singapore Airlines, SQ, US Federal Aviation Administration

Jetstar deploys new B787s on Japan routes

September 11, 2014 by Payload Asia

Jetstar last week began using its most recent B787 delivery to replace an A330 on service from Cairns to Osaka, Japan. The low-cost carrier (LCC) also introduced a B787 on its Cairns-Tokyo route in August, and on its Gold Coast-Tokyo flight in July. Aside from the Japan routes, Jetstar has introduced 787s on routes from the three major east coast cities of Sydney, Brisbane and Melbourne to Thailand and Indonesia. The LCC continues to grow its fleet with the delivery of seven B787-8s, … [Read more...] about Jetstar deploys new B787s on Japan routes

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, B787, B788, cargo aviation, Japan, Jetstar, LCC, low-cost carrier, Qantas

Cebu Pacific, Tiger Phils set sights on Myanmar

June 18, 2014 by Payload Asia

Philippine-based budget carrier Cebu Pacific and unit Tiger Airways Philippines are seeking approval from the Civil Aeronautics Board (CAB) to launch flights to Myanmar. Cebu Pacific is seeking 1,260 weekly seats for flights between Manila and Yangon, while Tigerair Philippines has filed a separate application with CAB seeking 1,260 weekly seats for the route. Cebu Pacific is now seeking government approval after getting the nod of the CAB for the US$15 million 100% … [Read more...] about Cebu Pacific, Tiger Phils set sights on Myanmar

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, CAB, cargo aviation, Cebu Pacific, Civil Aeronautics Board, LCC, low-cost carrier, Myanmar, Philiipines, Tiger Airways Philippines

PHILIPPINES: Cebu increases A320 orders

July 1, 2009 by Payload Asia

Philippines-based Cebu Pacific has increased its outstanding A320 orders to 15, with a new firm order for five aircraft. The new aircraft are scheduled for delivery from 2013 and will join an existing A319 and A320 fleet flying on the low cost carrier’s domestic and regional route network. The initial batch of 10 aircraft is scheduled for delivery between 2010 and 2013. … [Read more...] about PHILIPPINES: Cebu increases A320 orders

Other Topics: A319, A320, Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, Cebu Pacific, increased A320 orders, low-cost carrier

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