China’s big three profits rise

November 1, 2017 by  
Filed under Aviation, East Asia, News

SHANGHAI, 1 November 2017: China’s three biggest airlines have reported a rise in third-quarter net profit on strong domestic travel demand.

China Southern, Asia’s biggest carrier, saw its net profit for July-September surge 29.40% year-on-year to 4.28 billion yuan (USD643.7 million), according to a stock exchange statement Monday.

Flag carrier Air China said its third-quarter net profit surged 31.39% year-on-year to 4.95 billion yuan, according to a statement late last week to the Hong Kong exchange, where it is listed. Read more

JAL makes profit upgrade

November 1, 2017 by  
Filed under Aviation, East Asia, News

TOKYO, 1 November 2017: Japan Airlines  on Tuesday upgraded its full-year forecast as it booked a modest gain in half-year net profit thanks to solid domestic and international sales.

JAL said net profit rose 9.2% year-on-year to 78.0 billion yen (USD690 million) for the six months to September.

Revenue for the period increased 6.2% to 692.3 billion yen, as the airline said it enjoyed robust inbound demand from overseas and buoyant outbound demand. Read more

Hong Kongers travel closer to home

October 19, 2017 by  
Filed under East Asia, News

HONG KONG, 19 October 2017: Short-haul destinations remain the favourites for Hong Kong’s avid travellers according  Travelzoo that promotes and sells online travel deals.

In its key findings for the first half of the year, short-haul destinations remain by far the most popular vacation choices, while exotic destinations are gaining ground.

Over the first half of the year, Travelzoo published 521 deals in 26 releases of its weekly travel deals for Hong Kong’s travel audience. Read more

AirAsia makes comeback in Japan

October 17, 2017 by  
Filed under Aviation, East Asia, News

SEPANG, Malaysia, 16 October 2017 – AirAsia Japan will be back in business, 29 October when it launches its maiden service from Nagoya to Sapporo.

The twice-daily service will commence will connecy Nagoya – AirAsia Japan’s main hub – to the capital of northern Hokkaido prefecture.

To mark the launch, AirAsia is selling a special promotional fare starting t JPY5* from 17 October  (0001h GMT +9) to 22 October 2017 (2359h GMT +9) for travel between 29 October and 24 March 2018. Read more

Macau gambling is back

September 4, 2017 by  
Filed under East Asia, News

MACAU, 4 September 2017: Macau on Friday said gaming revenues rose more than 20% year-on-year in August, despite the city being hammered by Severe Typhoon Hato, which ripped through the city killing at least 10 people.

The destruction wrought by the typhoon and the government’s handling of it prompted the resignation of Macau’s weather chief, an apology from the city’s leader and the deployment of the People’s Liberation Army Macau garrison to help in relief efforts.

Hato plunged the city’s gambling resorts into darkness with slot machines and air-conditioning units turned off at some casinos despite backup generators, while some including the Grand Lisboa simply closed after power and water supply was cut. Read more

Japan thinks ahead on Olympic congestion

April 25, 2017 by  
Filed under East Asia, News

TOKYO, 25 April 2017: Japanese commuters will be encouraged to work from home for one day in a nationwide exercise for the 2020 Olympics that authorities hope will ease congestion on roads and public transport.

Tokyo has declared 24 July — exactly three years before the opening  ceremony of the summer games — as “Telework Day” and wants firms and government departments to let employees work remotely.

London introduced a similar measure during the 2012 Olympics with 80% of businesses in the city participating, according to Japan’s Internal Affairs Ministry, which announced the plan on Tuesday. Read more

CX 747 in historic last flight

October 10, 2016 by  
Filed under Aviation, East Asia, News

HONG KONG, 10 October 2016: Hong Kong flag carrier Cathay Pacific bade farewell to its Boeing 747 fleet Saturday with a final low-altitude flyby over the city’s iconic skyline.

The final route harked back to dramatic images of the planes flying low over rooftops of apartment blocks as they used to approach the old airport on the harbour.

Saturday’s flight, codenamed CX8747, flew over the city’s famous Victoria Harbour and the former Kai Tak Airport, which closed in 1998 and was considered one of the most challenging places to land an aircraft due to its crowded urban site surrounded by steep mountains. Read more