Adrian Schofield

Aviation Week
Jet Airways A330-200
Jet Airways’ restructuring plan could see banks take majority share 
India’s Jet Airways is seeking approval of a restructuring plan that will see a consortium of creditor banks become the airline’s majority owner.
Vietnam Airbus A330-200
FAA gives Vietnam a category 1 safety rating 
The FAA has assigned Vietnam a category 1 safety rating, opening the way for Vietnamese carriers to begin service to the US.
Virgin Australia reports 1H profit gain on domestic strength
Virgin Australia reported its strongest half-year earnings in more than a decade, thanks to the airline’s restructuring program and surging domestic business.
AirAsia X Thailand A330-300
AirAsia X to open fifth Australian destination
AirAsia X’s Thai affiliate is launching a route to Brisbane this year, giving the AirAsia X and AirAsia groups five destinations in Australia.
Jet Airways confirms grounding of four aircraft on lease defaults
India’s Jet Airways confirms it has been forced to ground four aircraft because of defaults on lessor payments, as the airline continues to work on a bailout plan.
Cebu Pacific A330-300
Cebu Pacific to decide on A330neo, 787 for possible widebody orders
Cebu Pacific Air has confirmed the Philippine LCC has begun the process for deciding on a new widebody aircraft order, a move it has often discussed in recent years.
Qantas A380
Qantas cancels remaining Airbus A380 orders 
Qantas has canceled its remaining eight Airbus A380 orders, after stating for years that it did not intend to take delivery of these aircraft.
Virgin Australia Boeing 777-300ER
Virgin Australia names Paul Scurrah to succeed John Borghetti as CEO 
Virgin Australia has selected an executive from outside the airline to replace long-time CEO John Borghetti, who will leave the company in March.
Cathay Pacific Airbus A350-900
Cathay Pacific pilots overwhelmingly reject tentative labor agreement
Cathay Pacific Airways’ pilots have voted to reject a tentative contract agreement, dealing a setback to the Hong Kong flag carrier’s turnaround efforts.
Korean startup Air Premia selects 787-9s for 2020 launch
Korean startup Air Premia has decided on a fleet of Boeing 787-9s, with operations scheduled to begin in September 2020.
Qantas Airbus A330-200
Qantas acquires 19.9% stake in Virgin partner Alliance Airlines
Qantas has purchased a 19.9% stake in Australian charter and regional carrier Alliance Airlines—a move that raised concerns by rival Virgin Australia, which has a long-standing partnership with Alliance.
JAL raises FY2018 profit forecast as fuel prices ease
Japan Airlines (JAL) reported a lower net profit for the first nine months of fiscal 2018, but raised its full-year income outlook as a result of an anticipated easing of fuel prices.
Korean Air A330-300
Korean Air posts 2018 net loss on fuel costs, currency shifts
Korean Air reported a net loss for 2018 as revenue gains were outweighed by the impacts of higher fuel prices and currency depreciation.
Hawaiian Airlines A300-200
Hawaiian’s 2018 profit down 29.5% as competitive capacity grows 
Faced with competitive pressure in key markets, Hawaiian Airlines plans to introduce several products and services, including basic economy fares, in 2019.
Vietnam Airlines A321neo
Vietnam Airlines to take 12 leased A321neos in 2019
Vietnam Airlines is scheduled to receive 12 Airbus A321neos from lessor California-based Air Lease Corp. this year, boosting the carrier’s existing fleet of this type.
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