A trusted source of Asia-Pacific commercial aviation news and analysis


AUGUST 2021

Week 34

Asia-Pacific Aerospace Briefs Today

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August 25th 2021

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China Aircraft Leasing Group Holdings Limited (CALC) has reported an interim net profit of HK$302.6 million (US$38.9 million) to June 30, down 8.7% from net profit of HK$331.6 million for the same months in 2020. Revenue fell 3.1%, to HK$1.6 billion, CALC said in a regulatory filing to the Stock Exchange of Hong Kong. Read More » Total operating expenses declined 11.9%, to HK$1.1 billion. “While the global aviation industry is facing unprecedented challenges on the road to recovery, we are seeing light at the end of the tunnel," CALC CEO, Mike Poon, said.

Embraer's Eve Urban Air Mobility company said it has deepened its partnership agreement with Ascent Flights Global to develop an Urban Air Mobility (UAM) ecosystem in the Asia-Pacific.

Flight simulator company, ALSIM, said Hawaii-based Barbers Point Flight School has acquired one of its high fidelity AL172 simulators. It will be ALSIM's first simulator based in Hawaii.

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