The Indonesian Ministry of State-Owned Enterprises is investigating corruption with aircraft lease contracts and procurements at Garuda Indonesia. The investigation initially focuses on the purchase of Garuda’s thirteen ATR 72-600s, but the ministry suspects the...
Scoot, the low-cost subsidiary of Singapore Airlines, has become a new operator of the Airbus A321neo, following the arrival in Singapore of its first three aircraft. All three aircraft are leased from BOC Aviation. Scoot’s A321neo aircraft are powered by Pratt &...
The parent company of Philippine Airlines, PAL Holdings, booked a record 73 billion pesos (US$1.51 billion) loss in 2020 as the COVID-19 pandemic severely impacted the global aviation sector. The company said its management and stakeholders are working on the final...
National flag carrier Garuda Indonesia is to halve its fleet to survive the pandemic. It is considering cutting its A330 orders and reducing the number of wide-body jets in its fleet to survive the pandemic. It is said the carrier is also considering halving its...
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