Orient Aviation’s Week in the Asia-Pacific
By Dominic Lalk
On Wednesday, Hong Kong’s Cathay Pacific Group announced a net loss of HK$263 million (US$33.5 million) for the first six months of 2018, a significant improvement over last year’s net loss of HK$2,051 million for the same months.
Across the border, both Air China and Sichuan Airlines took deliveries of their first A350XWBs this week. In Tokyo, Japan Airlines formally launched its new long-haul low-cost-carrier. The oneworld member also announced a Sino-Japanese joint venture with Shanghai’s China Eastern Airlines.
In other news, Biman Bangladesh Airlines has ordered three Bombardier Q400s, Indonesia’s TransNusa will take delivery of three additional ATR72-600s, Korean Air has announced a B787-9 route to Boston,Turkish Airlines will fly its -9s to Denpasar next year and Japan’s ORIX Corporation will purchase 30% of HNA Group’s aircraft lessor, Avolon.
Cathay Pacific narrows first half net loss to US$33.5 million Read More »
News
Avolon sells 30% holding to Japan’s ORIX
Japan’s ORIX Corporation this week announced it would pay US$2.2 billion to acquire 30% of aircraft lessor, Avolon, from Bohai Capital. Read More »
News
Air China and Sichuan Airlines accept first A350s
Both Air China and Sichuan Airlines took delivery of their first A350-900s in Toulouse on Wednesday, August 8, an auspicious date for Mainland Chinese. Read More »
News
Japan Airlines (JAL), a oneworld member, and SkyTeam’s China Eastern Airlines have signed a Memorandum of Understanding, an agreement that aims “to improve customer convenience and enhance the quality of services provided by both carriers”. Read More »
News
Biman Bangladesh Airlines orders three Bombardier Q400s
Following disappointing sales at July’s Farnborough Airshow, Canadian manufacturer, Bombardier, this week announced an order for three Q400 turboprops from the Bangladeshi government on behalf of flag carrier Biman Bangladesh Airlines. Read More »
News
IndiGo expects first A321neo by December
India’s IndiGo Airlines expects to take delivery of its first A321neo aircraft “towards the end of the year”, airline interim CEO, Rahul Bhatia, said in an earnings call. Read More »
News
Indonesia’s TransNusa transitions to all-ATR fleet
Indonesian regional carrier, TransNusa, will add three ATR72-600s to its fleet this year, replacing two BAE146s and a Fokker 70. Read More »
News
Korean Air announces flights to Boston
South Korean flag carrier, Korean Air (KAL) continues its North American expansion with the launch of five a week B787-9 flights from Seoul Incheon to Boston Logan International Airport from next April 12. Read More »
News
SriLankan Airlines accepts final A320neo Family aircraft
Sri Lankan national carrier, SriLankan Airlines, has taken delivery of a sixth and final A320neo Family aircraft, an A321neo registered 4R-ANF. Read More »
Short Takes
Cargo: Indian LCC, SpiceJet, is set to increase its cargo business with expanded domestic services as well as launch a daily cargo flight from Guwahati in Assam to Hong Kong. Read More »
