LCI (Ireland) and Sumitomo Mitsui Finance and Leasing (Japan) have successfully executed US$420 million in loan facilities, designated to fund social projects, including the acquisition of helicopters. This strategic collaboration highlights the increasing focus on financing projects that contribute to societal benefits, particularly in sectors such as emergency medical services and search and rescue operations.
China Southern Airlines has announced plans to resume its Shenzhen-Tokyo Narita service on February 11, 2025, utilizing the Airbus A321neo. This route restoration reflects the airline’s commitment to reconnecting major international destinations as global air travel demand continues to rebound.
Toki Air, a regional airline based in Japan, has announced the extension of its suspension and schedule changes until January 20, 2024, due to ongoing aircraft maintenance. The airline is currently operating with only one aircraft after one of its two ATRs was struck by lightning, rendering it temporarily out of service.
Skymark Airlines, a leading Japanese carrier, has announced an anticipated change in its major shareholders. UDS Airlines Investment Limited Partnership plans to transfer 3.0 million shares to Sojitz Corporation through an off-market transaction. Following this transfer, Sojitz will hold more than 5% of voting rights in Skymark Airlines, positioning itself as a key shareholder.
Hainan Airlines, a leading Chinese carrier, has announced plans to launch a new route connecting Haikou and Tokyo Narita on 3 February 2025. The route will be operated with a Boeing 737-800, catering to the growing demand for connectivity between China and Japan.
Regional Plus Wings, a regional airline based in Japan, reported a 44.9% decline in consolidated net profit, reaching $17.3 million for the April–September 2024 period. The decline comes amid challenging market conditions and rising operational costs, affecting the airline’s financial performance.
ORIX Corporation (Japan) has announced significant leadership changes within its aviation group, highlighting its focus on strengthening its global executive team. James Meyler, currently serving as CEO of ORIX Aviation (Ireland) Group, has been promoted to the role of Group Executive, ORIX, Japan, while retaining his CEO position. This strategic move underscores the corporation’s confidence in Meyler’s leadership and…
Toki Air, a regional airline based in Japan, has taken delivery of its first ATR42-600, bearing serial number 1618. The aircraft is equipped with Pratt & Whitney PW127XT-L engines, which offer enhanced efficiency and performance.
Beijing Capital Airlines (China) has announced a new route connecting Beijing Daxing International Airport to Sapporo New Chitose Airport, with flights scheduled to commence on 28 December 2024. The service will be operated using an Airbus A320, catering to growing demand for travel between China and Japan.
Eastar Jet, a South Korean low-cost carrier, has announced plans to commence a new service between Seoul Incheon (ICN) and Tokushima (TKS) in Japan. The route is scheduled to launch on December 26, 2024, marking another step in strengthening air connectivity between South Korea and Japan.
