Orient Aviation June-July 2022
CARGO TO THE RESCUE
Air freight boom eased the economic pain of COVID-19 at EVA Airways
• IndiGo trades in old guard bosses for next gen global leaders
• Singapore and its airlines at forefront of Asia-Pacific recovery
• Asia-Pacific carriers to reach 90% of pre-COVID capacity in 2022
Click to see the flip book of Orient Aviation June-July 2022 issue
Cover Story
No resting on cargo laurels for EVA Air
Taiwan’s EVA Airways, sufficiently nimble to record periods of profit during the global COVID-19 pandemic, now must overcome another monumental challenge – maintaining profitability in a region that has been the slowest to re-open as global restrictions against COVID ease. Read More »
Main Story
Record jet fuel prices threaten Asia-Pacific airline recovery
It’s a no-win situation. Read More »
Special Reports: Aircraft Leasing
Lessors on a roll as aviation rebuilds beyond COVID-19
Right now, Boeing confirms, there are 193 aircraft leasing companies worldwide, up from 117 in 2002. Read More »
Special Reports: Aircraft Leasing
Spare engine leasing sector has “room to grow”
Customer engagement is the best way to manage a crisis such as the COVID-19 pandemic, elfc CEO, Tom Barrett, told Orient Aviation last month, but added customers must honor their side of deals. Read More »
Special Reports: Aircraft Leasing
Aviation CO2 intensity declining in 2022
Latest data from international aviation appraiser and consultancy, IBA, and KPMG, reports CO2 emissions from commercial aviation declined 2.5% year-on-year in April. Read More »
Executive Interview
When asked the lessons the industry is learning from the pandemic, CEO of major aircraft engine lessor, Willis Lease Finance Corporation, Austin C. Willis, does not hesitate in his reply. Read More »
News Backgrounder
IndiGo braces for turbulence ahead
On May 18, IndiGo finally confirmed the rumors circulating in the corridors of the LCC for several months: Ronojoy Dutta, the CEO and full-time director of India’s most successful airline, will exit the airline after his contract runs its course. Read More »
News Backgrounder
Singapore leads region in airline recovery strategies
Last month, reflecting on the shattering impact of the global pandemic on the Singapore-headquartered carrier, SIA Group CEO, Goh Choon Phong, said: “The pandemic has been devastating for the airline industry, but even more so for an airline like SIA because we have no domestic market and are completely dependent on international operations.” Read More »
Addendum
Asia-Pacific carriers to reach 90% of pre-COVID capacity in 2022
Asia-Pacific airlines, as a result of “strict and enduring travel restrictions, notably in China, along with an uneven vaccine rollout, have seen the region lag the in the recovery to date”, the International Air Transport Association (IATA) said in its updated financial outlook for the industry, released on the eve of its 78th annual general meeting and world transport summit, held in Doha mid-month. Read More »
Addendum
Greater Bay Airlines boss appointed to Hong Kong government’s new cabinet
Algernon Yau, most recently the CEO and a board director of Hong Kong start-up, Greater Bay Airlines (GBA), has been appointed secretary for commerce and economic development in the Hong Kong Special Administrative Region (HKSAR) government under the leadership of new HKSAR chief executive John Lee. Read More »
Addendum
Indonesia biggest Southeast Asia air travel market
In its latest analysis of Southeast Asia’s airline traffic, OAG reports Indonesia’s airlines had 9.6 million seats available in June and that Hanoi-Ho Chi Minh City is the region’s busiest domestic route and also the second busiest domestic route in the world. Read More »
Comment
Surviving the worst perfect storm
They are the biggest items on airline balance sheets: the cost of new aircraft and the price of the jet fuel needed to fly their fleets. Read More »
