Orient Aviation Daily Digest May 4, 2023
News
Korean Air posts US$273 million quarterly profit
Korean Air’s (KAL) net profit for the three months to March 31 declined 35%, to 355.4 billion won (US$273 million), from 543.9 billion won in the same quarter in 2022. Read More »
News
IndiGo expands regional network to Bangkok and Singapore
IndiGo will commence daily nonstop Delhi-Singapore on May 25. Read More »
News
Changi airport reports 15.8% lift in passenger numbers for March
Singapore Changi Airport processed 4.6 million passengers through its four terminals in March, up 15.8% from 4 million air travellers passing through the airport in February. Read More »
News
Air India and Vistara commence interline partnership
Air India and Vistara have established an interline relationship allowing passengers to travel on both airlines and receive their boarding passes for their entire journey at the start of their first flight. Read More »
News
Go First bankruptcy filing reveals creditors owed US$798 million
India-headquartered Go First's bankruptcy filing shows the company owes 65.2 billion rupee (US$798 million) to creditors, the Reuters news agency reports, citing a copy of the filing. Read More »
News
Spirit Aerosystems costs 737 production issue at US$31 million
Spirit Aerosystems said the disruption caused by a quality issue on vertical fin attach fittings on certain 737 fuselages and the rework required to repair impacted units is estimated to cost US$31 million in full-year gross profit. Read More »
People
ST Engineering's satellite communications company, iDirect, has announced four executive appointments: Julie Bettinger as chief marketing officer, Dean Buckley as chief operating officer, Emma Park as senior vice president of market and growth strategy and Tim Verschage as senior vice president of product strategy and development.
Asia-Pacific Aerospace Briefs Today
Today's briefs report news from Astra Tech, Botim and Etihad Airways. Read More »