Air New Zealand on Thursday upgraded its full-year forecast for earnings before other significant items and taxation for the second time on the back of strong demand and lower jet fuel prices.

The airline now expects earnings before other significant items and taxation for fiscal 2023 to be no less than NZ$580 million ($350 million), compared with its prior forecast range of NZ$510 million to NZ$560 million.

Air New Zealand raises full-year forecast on stronger demand, lower fuel prices

Sarawak Premier Tan Sri Abang Johari Tun Openg on Wednesday (June 7) shared how he went against his wife Puan Sri Juma’ani Tuanku Bujang’s wish by flying on an autonomous aircraft powered by sustainable aviation fuel (SAF) from here to Langkawi recently.

Abang Johari: Wife was against me flying on test aircraft using sustainable aviation fuel

GEORGE TOWN (June 7): AirAsia will be launching a direct flight route from Penang to Hong Kong effective Aug 10 this year.

AirAsia to launch direct Penang-Hong Kong flight route this August

KUALA LUMPUR (June 7): Pecca Aviation Services Sdn Bhd, a wholly-owned subsidiary of Pecca Group Bhd, has embarked on an international expansion plan to bring its high-quality, customised, cost-effective products and services to the European market.

Pecca Group’s aviation services unit embarks on international expansion plan

Boeing Co will delay deliveries of its 787 Dreamliner after uncovering a defective part in recent days, a setback as the plane-maker works to meet soaring demand for its long-range aircraft.

The flaw may affect about 90 already-built Dreamliners that haven’t yet been delivered, Boeing said, as well as a handful of planes on its final assembly line in North Charleston, South Carolina. Each aircraft will be inspected for improperly sized shims within the horizontal stabiliser, a tiny wing attached to a jet’s tail.

Boeing to delay some 787 deliveries after finding new glitch

Global airlines more than doubled their 2023 industry profit forecast to US$9.8 billion (RM44.8 billion) from US$4.7 billion on Monday (June 5) cheered by strong travel demand as the sector recovers from the Covid-19 pandemic.

Global airlines more than double 2023 profit outlook

The aviation sector needs annual investments to the tune of US$180 billion (RM823.9 billion) or US$5 trillion in total to transition to net zero by 2050, according to the International Air Transport Association (IATA) recently released Net Zero Roadmap.

Aviation sector needs US$5 tril to transition to net zero by 2050 — IATA roadmap

KUALA LUMPUR (June 2): Total air passenger traffic in April 2023 rose 45.8% compared to April 2022, with the current global traffic standing at 90.5% of pre-Covid-19 levels, said the International Air Transport Association (IATA).

IATA: Air passenger traffic up 45.8% in April 2023, domestic traffic fully recovered

Global air cargo demand, as measured by cargo tonne-kilometres, fell 6.6% in April this year compared with the same month in 2022, according to the International Air Transport Association (IATA).

However, the rate of decline was slower than the previous month's 7.6% drop, it said.

Global air cargo demand down 6.6% in April 2023

Long lines, lost baggage and lengthy delays — common features of air travel these days. Now passengers in some places are being asked to step on the scales before boarding to help airlines calibrate their weight loads.

Airlines weigh passengers to see if Covid, remote work, made them heavier

A Boeing Co 777 jet operated by Pakistan International Airlines Corp (PIA) was impounded on May 29 in Kuala Lumpur over unpaid charges to a leasing company, forcing the carrier to send a replacement aircraft to pick up stranded passengers.

Pakistan Airlines’ jet seized in Malaysia for unpaid dues

US holiday air passenger travel topped 2019 pre-Covid levels over the Memorial Day weekend, which typically marks the start of the busy US summer air travel season, figures from the US Transportation Security Administration (TSA) showed on Tuesday (May 30).

US holiday air passenger travel tops 2019 pre-Covid levels

SEOUL/TOKYO (May 30): North Korea will launch its first military reconnaissance satellite in June for monitoring US military activities, state media KCNA reported on Tuesday.

North Korea says it will launch its first military spy satellite in June

BEIJING (May 30): China sent three astronauts to its now fully operational space station as part of crew rotation on Tuesday, in the fifth manned mission to the Chinese space outpost since 2021, state media reported.

Aviation

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