Asia-Pacific (APAC) News

Asia-Pacific (APAC)

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FlightGlobal

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Airlines report divergent first-half results as fuel costs pressure margins

Cathay Pacific posted its strongest first-half performance since 2010, with passenger and cargo growth offsetting higher fuel costs, while Lufthansa’s operating profit fell to €383 million and Air Astana slipped into a small loss. Carriers remain cautious as Middle East-related fuel price pressures persist.

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Bloomberg

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Jetstar to monetize overhead-bin access as Qantas agrees to sell Jetstar Japan

From 2 February 2027, Jetstar will replace its 7kg cabin-baggage allowance with size-based rules, charging separately for larger bags stored overhead and priority boarding. Separately, Qantas has agreed to divest its entire stake in Jetstar Japan in a deal valued at about ¥8.2 billion ($52 million), expected to close by June 2027.

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Archer’s Midnight completes California city-to-city flight as eVTOL sector advances commercial and defense applications

Archer Aviation’s piloted, all-electric Midnight prototype flew roundtrip between Salinas Municipal and Monterey Regional airports on July 30. Separately, Korean Air is exploring a military transport version with Archer, while Indonesia’s Whitesky Group ordered 60 Volant VE25-100 aircraft in a deal valued at approximately $221 million.

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Reuters

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Qantas exits Jetstar Japan in ¥8.2 billion stake sale as airline shifts to wholly Japanese ownership

Qantas has completed the sale of its 33.32% Jetstar Japan stake to the low-cost carrier for ¥8.2 billion ($52.1 million). The restructuring, involving Japan Airlines and the Development Bank of Japan, will leave Jetstar Japan wholly Japanese-owned and redirect Qantas capital toward its Australian operations.

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Bamboo Airways halts ticket sales as scheduled operations dwindle and fleet shrinks to three aircraft

Bamboo Airways has effectively stopped selling individual domestic tickets, with its website showing no flights on major Vietnam routes including Ho Chi Minh City–Hanoi, Hanoi–Da Nang and Ho Chi Minh City–Da Nang. The move intensifies questions about the carrier’s viability as its operating fleet contracts to three aircraft.

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