Orient Aviation Daily Digest July 18, 2022
News
Singapore Airlines reports “exceptionally strong performance” for June
Singapore Airlines (SIA) group carriers flew 1.9 million passengers in June, up 13.7%, month-on-month from 1.7 million passengers carried in May. Read More »
News
Cathay Pacific Airways forecasts 25% of pre-pandemic capacity by December
Cathay Pacific Airways chief customer and commercial officer, Ronald Lam, said the Hong Kong-based airline expects to record pre-pandemic capacity levels of 25% by December as the outlook brightens for air travel. Read More »
News
Air China announces first half loss could reach US$3.1 billion
Air China expects to post a loss of 18.5 billion yuan to 21 billion yuan (US$2.7 billion to US$3.1 billion) for the six months to June 30 following fresh outbreaks of COVID-19 which are hampering domestic demand. Read More »
News
China Eastern Airlines expects US$2.5 billion to US$2.9 billion interim loss
China Eastern Airlines (CEA) forecasts it will report a net loss for the six months to June 30 in the range of 17 billion yuan – 19.5 billion yuan (US$2.5 billion - US$2.9 billion). Read More »
News
China Southern Airlines warns of widened losses
China Southern Airlines (CSA) has announced it will post a deepening first half loss of 10.2 billion yuan to 12.1 billion yuan (US$1.5 billion - US$1.8 billion) to June 30, its first six months of fiscal 2022. Read More »
News
Australia’s Regional Express to bulk up charter operations after acquisition of Cobham Aviation
Regional Express (Rex) intends to acquire the charter, freight and fly-in fly-out (FIFO) arm of Cobham Aviation Services Australia, National Jet Express (NJE), for A$48 million (US$32.5 million). Read More »
News
Boeing lowers 20-year commercial market forecast
In its 2022-2041 Commercial Market Outlook (CMO), Boeing writes it expects airlines to accept 41,170 new aircraft in the next two decades, a downward forecast of 5.6%, or 2,440 new aircraft deliveries, from a year ago. Read More »
People
Interglobe Aviation, the parent company of India LCC, IndiGo, has announced Meleveetil Damodaran joined its board on July 16 as a non-independent non-executive director. Read More »
Asia-Pacific Aerospace Briefs Today
Today's briefs report news from BOC Aviation, Elbe Flugzeugwerke, ST Engineering and Vaayu Group. Read More »