AirAsia X Bhd (AAX) posted a net profit of RM328 million for the first quarter ended March 31, 2023 (1QFY2023), as continued recovery in international travel saw revenue surging by over fourfold to RM548.84 million from RM113.02 million a year earlier.

International travel upsurge sees AAX post 1Q net profit of RM328m

Singapore Airlines Ltd and PT Garuda Indonesia are seeking to deepen ties with a commercial pact to coordinate on fares and flight schedules, the carriers announced on Monday (May 29).

Singapore Air, Garuda to deepen ties and grow regional routes

SEOUL/TOKYO (May 29): Japan on Monday put its ballistic missile defences on alert and warned that it would shoot down any projectile that threatened its territory, after North Korea notified it of a satellite launch between May 31 and June 11.

Japan puts missile defence on alert as North Korea warns of satellite launch

Passengers flying into Britain faced major delays after landing at airports on Saturday (May 27), due to a nationwide issue affecting the automated border control gates that scan passports upon arrival.

UK airports face nationwide border system issue, causing major delays

LANGKAWI: Malaysia’s regional carrier, SKS Airways, has committed to leasing 10 Embraer E195-E2 single-aisle jets in a deal worth more than US$840 million from lessor Azorra.

The deal was announced at the official signing ceremony between SKS Airways, Embraer Commercial Aviation and Azorra at the Langkawi International Maritime and Aerospace exhibition 2023 (Lima’23) on Thursday (May 25).

SKS Airways commits to 10 Embraer E195-E2 jets in US$840 mil deal

DUBAI/JERUSALEM (May 25): Iran successfully test-launched a ballistic missile with a potential 2,000-km range on Thursday, state media said, two days after the chief of Israel's armed forces raised the prospect of "action" against Tehran over its nuclear programme.

Iran says it has successfully test-launched ballistic missile

An incident involving three Cathay Pacific Airways Ltd cabin crew making “inappropriate comments” about customers on a recent flight has set back the airline’s recovery and caused significant damage to its image, as well as Hong Kong’s, the carrier’s chief executive officer told employees.

Cathay CEO says cabin crew incident hurt Hong Kong’s image

LANGKAWI (May 24): The government is in the process to procure the Unmanned Aircraft Systems Traffic Management (UASTM), said Transport Minister Anthony Loke.

Lima’23: Government to procure Unmanned Aircraft Systems Traffic Management

Cathay Pacific Airways Ltd fired three flight attendants after a swift probe of recorded comments that went viral in China, showing crew members disparaging passengers who didn’t speak English.

Cathay Pacific fires three after non-English speakers mocked

Cathay Pacific Airways Ltd apologised on Tuesday after a passenger accused its flight attendants of discriminating against non-English speakers in an online post that went viral on Chinese social media.

Cathay Pacific apologises after passenger alleges discrimination

LANGKAWI (May 23): The Ministry of Investment, Trade and Industry (Miti) said Malaysia will venture into aerospace grade material production for the global market, as well as into becoming a critical supplier of sustainable aviation fuel (SAF) in the long run.

Lima’23: Malaysia to venture into aerospace grade material production — Miti

LANGKAWI (May 23): Some 36 aircraft belonging to the Malaysian Armed Forces roared in the sky here on Tuesday (May 23) to symbolise the opening of the 2023 Langkawi International Maritime and Aerospace Exhibition 2023 (Lima’23).

Lima’23 opens with airshow by 36 aircraft

Australia's flagship carrier Qantas Airways Ltd said on Tuesday it was expecting a record profit this fiscal year on the back of strong travel demand and that it had raised its share buyback by up to A$100 million (US$67.83 million).

Qantas eyes record annual profit on strong travel demand, raises share buyback

Medium-haul low-cost airline AirAsia X Bhd (AAX) has proposed to place out 32.26 million new shares, equivalent to 7.78% of its total issued shares, to AHAM Asset Management Bhd, AIIMAN Asset Management Sdn Bhd and Lavin Group Sdn Bhd at an issue price of RM1.55 per share, which works out to a total of RM50 million. The airline intends to use the proceeds for working capital

AirAsia X offers RM50m in new shares to AHAM Asset Management, AIIMAN Asset Management, Lavin Group to help fund working capital

China's fuel oil imports soar as inspections curb bitumen blend intake

Bursa Malaysia drops below 1,400 level in early session on May 30

El Nino to worsen haze situation in Malaysia

SC adds 12 entities to Investor Alert List, four being potential clones

Wisma Putra congratulates President Erdogan over historic win

CGS-CIMB upgrades Kotra after share price correction, keeps RM5.74 target price 

PetChem’s profits will show a steep y-o-y decline in FY23f, says HLIB Research 

Jho Low still has a Cyprus passport – report

Taiwan rushes to prevent China from cutting off Internet, phones

European stocks slip as tech, bank drag; investors assess U.S. debt ceiling deal

TNB, Boustead Holdings, PetChem, AMMB, Allianz, Mah Sing, BAT Malaysia, Tropicana, IJM, DNeX, KLCCP, Padini, IGB, D&O, MRCB, Tiong Nam, GDEX, Hengyuan, Cloudpoint, S P Setia

Aviation

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