Orient Aviation Daily Digest May 12, 2023
News
SpiceJet dismisses “baseless” reports of insolvency
SpiceJet chair and managing director, Ajay Singh, said the India carrier had secured funding to revive its grounded fleet and rejected reports the LCC will file for insolvency. Read More »
News
EVA Airways passengers carried increase 11.8% reports latest traffic monitor
Taiwan’s EVA Airways transported 904,234 passengers in April, up from the 808,501 customers it flew in March. Read More »
News
China Airlines revenue improves 10.4% in April
Taiwan’s China Airlines (CAL) said passenger numbers rose to 797,315 in April, from 722,271 in March. Read More »
News
Go First extends fleet grounding, will resume bookings “shortly”
Troubled India airline, Go First, will keep its aircraft on the ground to May 19 as some lessors attempt to repossess aircraft they have leased to the LCC. Read More »
News
Singapore Airlines to redeem 50% of US$4.7 billion convertible bonds issued in 2021
Singapore Airlines (SIA) will redeem half of the S$6.2 billion (US$4.7 billion) of Mandatory Convertible Bonds (MCB) issued in 2021. Read More »
News
Bangkok Airways returns to profit in March quarter
Bangkok Airways has reported a net profit of 875.1 million baht (US$26 million) for the three months to March 31, returning to the black from a net loss of 1 billion baht in the same months in 2022. Read More »
Asia-Pacific Aerospace Briefs Today
Today's briefs report news from Avolon, Cebu Pacific, HIF Global, Honeywell Aerospace and Rolls-Royce. Read More »
