Orient Aviation December 2023-January 2024
Cover Story
Only the best performance cuts it at Scoot
Scoot CEO Leslie Thng has no hesitation in defining the airline’s ambition. Read More »
Main Story
Addressing supply shortfall fundamental to SAF success
If there was one surprise at the Association of Asia Pacific Airlines Assembly of Presidents in November, undoubtedly it was the agreement of the association’s 14 member carriers to target use of 5% sustainable aviation fuel (SAF) by 2030 - just six years away. Read More »
Main Story
Charting Sustainable Aviation Fuel uptake in the Asia-Pacific
A report just released by financial services firm, KPMG, said the increasingly favorable local policy environment in the Asia-Pacific is prompting a number of players to consider opportunities for SAF development in the region. Read More »
Main Story
When it comes to the serious supply chain problems facing airlines most of the focus has been on big ticket items such as aircraft and engine deliveries and spare parts for MRIO shops. Read More »
Main Story
Vietnam Airlines returns to AAPA fold
On November 14, the Association of Asia Pacific Airlines announced Vietnam Airlines had rejoined the regional airline lobby association, bringing its membership in 2023 to 15 carriers. Read More »
Orient Aviation 2023 Year in Review
JANUARY
Entering the fourth year of the COVID-19 pandemic, the focus for Indo-Asia-Pacific airlines was how quickly they could add back capacity and resume flying to suspended destinations across their domestic and international networks. Read More »
Orient Aviation 2023 Year in Review
FEBRUARY
As the recovery from the pandemic gained momentum, All Nippon Airways (ANA) lifted its full-year net profit and operating revenue estimates in February, stating passenger demand was rapidly recovering after an easing of travel restrictions on domestic flights and the removal of entry restrictions for international flights in many countries. Read More »
Orient Aviation 2023 Year in Review
MARCH
The Cathay Group financial results, published this month, highlighted the change in market conditions over the course of 2022. Read More »
Orient Aviation 2023 Year in Review
APRIL
China’s big three airline groups – Air China, China Eastern Airlines and China Southern Airlines – this month reported combined losses of 107.8 billion yuan (US$15.2 billion) for calendar 2022, a time when the country was cut off from the rest of the international community and its domestic market was subject to quickly imposed lockdowns to stem local outbreaks of COVID-19. Read More »
Orient Aviation 2023 Year in Review
MAY
Singapore Airlines Group (SIA) reported its highest annual net profit in its 76-year history this month, storming back to profitability on the back of “proactive strategic initiatives, pre-emptive preparation when borders remained closed and the hard work, dedication and sacrifices of its employees”. Read More »
Orient Aviation 2023 Year in Review
JUNE
When the aviation community gathered in Istanbul this month for the International Air Transport Association (IATA) annual general meeting, they were greeted with the positive news that the lobby group had more than doubled its calendar 2023 profit forecast for the airline industry, albeit on a still slender 1.2% profit margin. Read More »
Orient Aviation 2023 Year in Review
JULY
Through much of the second half of 2023, a very public debate took place between U.S. carriers about the allocation of highly sought after take-off and landing slots at Tokyo Haneda airport. Read More »
Orient Aviation 2023 Year in Review
AUGUST
The month was dominated by financial results from airlines across the region and they announced plenty of positive news. Read More »
Orient Aviation 2023 Year in Review
SEPTEMBER
This year’s long farewell for Alan Joyce ahead of his resignation as Qantas Group CEO in November was abruptly cut short this month. Read More »
Orient Aviation 2023 Year in Review
OCTOBER
Severe financial pressure forced MYAirline to suspend all operations this month. Read More »
Orient Aviation 2023 Year in Review
NOVEMBER
It was this month in 2020 when the South Korea government proposed merging the country’s two largest airline groups, with Korean Air to take over Asiana Airlines. Read More »
Orient Aviation 2023 Year in Review
DECEMBER
International Air Transport Association (IATA) director-general, Willie Walsh, said at the lobby group’s global media day in Geneva early this month the outlook was for “more normal growth patterns” in 2024. Read More »
News Backgrounder
No need to fear the impact of Artificial Intelligence
Ask Jitendra Sindhwani, president of Washington, DC-based global travel software company, ibssoftware, if AI could become a danger to humanity and the companies that use it and he can’t help but laugh. Read More »
News Backgrounder
Airlines across the world may be ordering hundreds of new aircraft as pandemic recovery continues but they are not ordering for today because they can get deliveries, said departing BOC Aviation CEO, Robert Martin. Read More »
Addendum
Average airline profit per passenger seat is US$5.45 – the cost of a Starbucks latte
The International Air Transport Association (IATA) may have announced strengthened profit projections for airlines in 2023 and an expectation of improved income in 2024, but it also pointed out earlier this month the industry’s global net profitability is predicted to be well below the cost of capital in both years. Read More »
Addendum
Spoofing or jamming of vital commercial aircraft navigation systems have been increasing, largely exacerbated by global conflicts, International Air Transport Association (IATA) Senior Vice President Operations, Safety and Security, Nick Careen, said at the association’s Global Media gathering in early December. Read More »
Comment
Time for the oil majors to invest in SAF production
The decision by the 14 members of the Association of Asia Pacific Airlines (AAPA) to have 5% of their fuel needs met by sustainable aviation fuel (SAF) by 2030 is certainly brave. Read More »