Orient Aviation Daily Digest May 5, 2023
News
Global air passenger demand increased 52.4% in March
Air travel revenue passenger kilometres (RPK) improved by 52.4% in March compared with the same month in 2022, the International Air Transport Association (IATA) said. Read More »
News
Airbus net profit dropped 62% in fiscal year first quarter
Airbus has reported net profit declined by 62%, to 466 million euro (US$516 million), in the three months to March 31 down from 1.2 billion euro in the same period a year ago. Read More »
News
Vietjet books US$7.2 million profit, passenger load factor climbs to 85%
Vietjet has announced a net profit of 168 billion dong (US$7.2 million) for the three months to March 31, up 320% from a profit of 40.4 billion dong in the same months last year. Read More »
News
Cargo demand drops 7.7% in March, decline forecast to continue
The International Air Transport Association (IATA) said cargo tonne kilometres (CTK), a measure of demand, fell 7.7% in March compared with the same month in 2022. Read More »
News
Garuda Indonesia narrows losses to US$108 million for quarter
Garuda Indonesia has reported a net loss of US$107.8 million for the three months to March 31, less than 50% of the US$226.8 million net loss it recorded in the same months in 2022. Read More »
News
Indonesia AirAsia adds Ho Chi Minh City and Kuching to regional network
Indonesia AirAsia has unveiled plans to fly Jakarta Soekarno-Hatta to Ho Chi Minh City and Kuching and add Labuan Bajo to its domestic network. Read More »
People
Safran has appointed Philippe Errera executive vice president for international and public affairs, effective from June 1. Read More »
Asia-Pacific Aerospace Briefs Today
Today's briefs report news from Embry-Riddle Aeronautical University, Sabre, SriLankan Airlines and United Airlines. Read More »