Orient Aviation Daily Digest August 25, 2023
News
Air New Zealand posts US$592 million turnaround, returns to profit
Air New Zealand (Air NZ) has reported a net profit of NZ$412 million (US$244 million) for the 12 months to June 30, returning to profitability from a net loss of NZ$591 million in the previous fiscal year. Read More »
News
Qantas Group books US$1.1 billion fiscal year profit
As a result of strong travel demand and high ticket prices, Qantas Group has reported a net profit of A$1.74 billion (US$1.1 billion) for the 12 months to June 30 compared with a net loss of A$860 million in the previous fiscal year. Read More »
News
Deliveries of 737 MAX impacted by new supplier production issue
Production of the 737 MAX is again being disrupted after Spirit AeroSystems identified a “quality issue” with the elongated fastener holes on the aft pressure bulkhead in some models of type. Read More »
News
Malaysia Airports Group reports US$22 million quarterly profit
Malaysia Airports Group (MAG) managing director, Dato’ Sri Iskandar Mizal Mahmood, said the company's recent transformation initiatives had started to deliver results after the business posted a net profit of 102.5 million ringgit (US$22 million) for the June quarter compared with a net loss of 58.2 million ringgit in the same months in 2022. Read More »
News
Garuda Indonesia in “early stage of discussions” about merger with Pelita Air
Garuda Indonesia and Pelita Air said they are open to a merger of the two companies after the idea was floated by state-owned enterprises minister, Erick Thohir, earlier this week, local media reports. Read More »
News
Bonza to expand network to Tasmania
New Australian LCC, Bonza, will add Tasmania to its flight schedule with the launch of Launceston-Queensland Gold Coast on November 21. Read More »
Asia-Pacific Aerospace Briefs Today
Today's briefs report news from Boeing, Dynamatic Technologies, CSIRO and Indigenous Defence & Infrastructure Consortium. Read More »