Orient Aviation Daily Digest October 31, 2022
News
Air China posts US$1.2 billion quarterly loss
Air China recorded a net loss for the three months to September 30 of 8.7 billion yuan (US$1.2 billion) against a 3.5 billion yuan net loss in the same months in 2021. Read More »
News
Cathay Pacific to resume flying over Russian airspace
Cathay Pacific will return to flying over Russian airspace from November 1, the Bloomberg news agency has reported, quoting an airline spokesperson. Read More »
News
China Southern Airlines reports US$844 million quarterly loss
China Southern Airlines (CSA) has booked a net loss of 6.1 billion yuan (US$844 million) for the quarter to September 30, a deterioration from a 1.4 billion net loss previously. Read More »
News
Airbus reaffirms delivery target; reports US$2.6 billion nine month profit
Airbus said net profit was down 3%, to 2.56 billion euro (US$2.6 billion), in the nine months to September 30 from a net profit of 2.64 billion euro in the same period in 2021. Read More »
News
China Eastern Airlines announces US$1.3 billion net loss for September quarter
China Eastern Airlines (CEA) has reported a net loss for the three months to September 30 of 9.4 billion yuan (US$1.3 billion), more than three times the 3 billion yuan net loss it recorded in the same months in 2021. Read More »
News
Qantas Group disappointed by delay in approving Alliance Aviation takeover
For the third time, Australia's competition regulator has pushed back the conclusion of its review of the Qantas Group’s proposed takeover of Australian regional and fly-in/fly-out operator, Alliance Aviation Services. Read More »
News
Hong Kong’s High Court hearing application to wind up Hong Kong Airlines
In a hearing started today, Ireland-headquartered lessor, Stellar Aircraft Holdings, is petitioning Hong Kong’s High Court to wind up Hong Kong Airlines, a carrier ultimately owned by debt besieged HNA Group, the South China Morning Post reports. Read More »
Asia-Pacific Aerospace Briefs Today
Today's news brief reports on China Aircraft Leasing Group. Read More »