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

JUNE 2022

Week 23

Orient Aviation Daily Digest June 8, 2022



Cathay Pacific Airways welcomes extension of Hong Kong government's loan facility

Cathay Pacific Airways CEO, Augustus Tang, said the airline was “grateful” to the Hong Kong Special Administrative Region’s (HKSAR) government for a 12-month extension, until June 8, 2023, of the draw down period for a government backed HK$7.8 billion (US$1 billion) loan facility. Read More »



Garuda Indonesia to receive US$520 million in capital funding from Indonesian government

Indonesia's Minister of state-owned enterprises, Kartika Wirjoatmodjo, said at a parliamentary hearing in Jakarta that Garuda Indonesia is in line to receive a 7.5 trillion rupiah (US$520 million) capital injection from the government once the airline group reaches agreement with creditors on a debt reduction scheme. Read More »



Jeju Air CEO forecasts the LCC will be profitable in 2023

CEO of South Korea’s Jeju Air, Kim E-bae, has predicted the LCC will return to the black in 2023 “at the earliest”. Read More »



Bamboo Airlines seeking partnerships; considers alliance membership

Bamboo Airlines chief commercial officer, Thach Pierre Hoang, this week said the Vietnam-headquartered carrier will decide in 2023 the airline marketing alliance it will join, Routes has reported citing remarks Huong delivered at the Routes Asia 2022 conference in Da Nang. Read More »



Air travel bookings on the path to recovery: IATA report

The International Air Travel Association (IATA) said ticket sales for international travel caught up with fare sales for domestic travel in May as restrictions severely limiting cross border journeys were eased worldwide. Read More »



Air New Zealand has named Kiri Hannifin as its first chief sustainability officer. Read More »


Asia-Pacific Aerospace Briefs Today

Today's briefs report news from Singapore Technologies Engineering and SriLankan Airlines. Read More »