Orient Aviation Daily Digest May 19, 2023
News
IndiGo narrows fiscal year loss to US$37 million; posts highest ever final quarter profit
Interglobe Aviation, parent of India-based LCC IndiGo, has reported a net loss of 3.1 billion rupee (US$37 million) for the 12 months to March 31 compared with a 61.6 billion rupee net loss in the previous year. Read More »
News
European Commission publishes objections to proposed Asiana Airlines-Korean Air merger
The European Commission (EC) has formed a preliminary view that the planned integration of Asiana Airlines and Korean Air (KAL) may reduce competition on passenger flights from South Korea to France, Germany, Italy and Spain and also on cargo flights between all of Europe and South Korea. Read More »
News
Thai Airways International to fully integrate Thai Smile into its operations
Thai Airways International (THAI) has announced its creditors committee has approved the return of its regional carrier, Thai Smile, to the parent airline. Read More »
News
AirAsia Thailand returning to Sri Lanka
AirAsia Thailand will resume nonstop Bangkok Don Mueang-Colombo on July 9, operating the route four times a week. Read More »
News
Singapore Airlines awards employees bonuses of two-thirds of their annual salaries
Singapore Airlines (SIA) staff will receive a bonus of up to eight months of their annual pay checks after the airline posted a record annual profit in its fiscal 2023 financial year, local media reports, quoting a spokesperson for the Singapore flag carrier. Read More »
News
Air India receives fourth and final A321neo from lessor AerCap
AerCap has delivered its fourth A321neo on lease to Air India. Read More »
People
Rahul Ghai will succeed Carolina Dybeck Happe as GE’s chief financial officer, effective from September 1. Read More »
Asia-Pacific Aerospace Briefs Today
Today's briefs report news from Akasa Air, Azorra, Boeing, Changi Airport, Embraer, Neste, Rolls-Royce and Royal Jordanian Airlines. Read More »