A trusted source of Asia-Pacific commercial aviation news and analysis


SEPTEMBER 2024

Week 36

Orient Aviation Daily Digest September 2, 2024

By Ryan Chase

 

News

Cathay Pacific to buy back warrants from Hong Kong government

Cathay Pacific has reached an agreement with the Hong Kong Special Administrative Region (HKSAR) government to purchase warrants, at an estimated value of HK$1.5 billion (US$196 million), that were issued early in the pandemic. Read More »


 


 

News

AirAsia parent, Capital A, reports interim 2024 loss

Capital A, parent company of AirAsia group airlines, has recorded a net loss of 545.7 million ringgit (US$126 million) for the six months to June 30 compared with net profit of 703.4 million ringgit in first half 2023. Read More »


 

News

SpiceJet stands down 150 cabin crew

India LCC, SpiceJet will furlough 150 cabin crew for three months during the coming low season travel period to improve its financial position. Read More »


 

News

IndiGo launching daily Benguluru-Jeddah

IndiGo is starting nonstop Jeddah in Saudi Arabia to the heart of India's technology sector, Bengaluru, from September 30. Read More »


 

News

Steady demand growth narrows China Eastern Airlines losses

China Eastern Airlines (CEA) has reported a net loss of 2.8 billion yuan (US$390 million) for the six months to June 30 compared with a 6.3 billion yuan net loss a year ago. Read More »


 

News

Malaysia Airports doubles net profit in first half

Malaysia Airports Holdings (MAHB) has reported its net profit more than doubled, to 395.8 million ringgit (US$92 million), in the six months to June 30 from 160.7 million ringgit in the same months in 2023. Read More »


 

News

Associate editor and chief correspondent, Tom Ballantyne, charts six decades as a top journalist in his latest book, Flying High and Low: A Reporter’s Journey

Orient Aviation associate editor and chief correspondent, Tom Ballantyne, details scores of reporting firsts - and a few career missteps - in his latest book, Flying High and Low: A Reporter’s Journey. Read More »


 

People

Cathay Pacific has announced Zhang Zhuo Ping has resigned as a non-executive director of the company to take up a new role as senior advisor with John Swire & Sons Limited in China. Read More »


 

Asia-Pacific Aerospace Briefs Today

Today’s briefs report news from China Development Bank Financial Leasing Co, IndiGo, Menzies, Recaro Aircraft Seating and SATS Group. Read More »


 

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