Tag: Asia aviation
Philippines targets 8.2 million tourists in 2019
The Philippines welcomed 7,127,168 foreign visitors in 2018, and the Philippine Department of Tourism saying it is aiming for 8.2 million this year. The department has vowed to break last ... Read More
Air Asia sells 29 planes only to lease them back
Air Asia is selling 29 planes – Airbus’ A320-200ceo and A320neo to Castlelake. Castlelake will lease the same aircraft back to the Malaysia based budget airline AirAsia. For AirAsia, the deal ... Read More
Passengers traffic for Asian legacy carriers collapse
The release of half-year results for Asia Pacific Airlines Association (AAPA), which comprises 16 major airlines in the region, has seen a dramatic decrease in traffic in June. Read More
Asian carriers in dire straits; cutbacks keeping tourists away
Monday's announcement by Taiwanese-owned EVA Airways to cut back its international flights by up 10 percent in a cost-managing exercise due to soaring fuel costs has added to the jitters ... Read More