Bradley Perrett covered China, Japan, South Korea and Australia. He is a Mandarin-speaking Australian.
Before joining Aviation Week in 2006 he was a macroeconomics, politics and aerospace journalist with Reuters. Perrett holds a bachelor’s degree in law from Macquarie University, Sydney. He left Aviation Week in 2020.
First-quarter financial results for China Eastern show little sign that management is fixing the ever-struggling network carrier. A net profit of 1.174 billion yuan (US$172 million), compared with 1.172 billion yuan a year earlier, may seem to be an improvement. But the airline had an abysmal underlying performance highlighted by a 16% fall in revenue to 17.5 billion yuan (US$2.6 billion) — despite a 20% rise in air travel in the same period.
BACK ON: South Korea has rescheduled the first launch of its first space rocket for Aug. 19, following a delay caused by a diagnostic error during testing. Data showing a malfunction on a pump in the Russian-built first stage of the KSLV-1 rocket have been found to be erroneous. A launch was previously scheduled for Aug. 11 (Aerospace DAILY, Aug. 4, 10).
Japan Airlines will reduce frequencies on eight Asian international routes and drop Nagoya’s daily services to Paris and Seoul after announcing a JPY99 billion (US$1 billion) net loss for the three months to June 30. The carrier has suffered a drastic drop in revenue for the period, to JPY335 billion from JPY490 billion a year earlier. The net loss compares with a deficit of JPY3 billion in the same period of 2008.
