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


MARCH 2020

Week 11

Orient Aviation’s Week in the Asia-Pacific

 

News

Aviation bodies worldwide urge governments to support airlines as revenues go into free fall

The International Air Transport Association said overnight it is asking governments, “at this time of extreme pressure on the industry” to heed the “broad economic consequences” of efforts to contain the spread of COVID-19. Read More »


 

News

China aviation loses US$3.522 billion in February

The Civil Aviation Administration of China (CAAC), said the country’s aviation industry recorded one of its worst months in its history in February, with losses of 24.59 billion yuan (US$3.522 billion). Read More »


 

News

Qantas takes capacity knife to Sydney - Tokyo and Melbourne -Singapore

Qantas Group CEO, Alan Joyce, said this week the Australian carrier planned to reduce capacity on its Asia network by 31% in response to the coronavirus pandemic that has crippled demand for air travel. Read More »


 

News

Cathay Pacific posts 27.9% decline in full year net profit, says outlook “challenging" and warning of a “substantial” first half loss

Cathay Pacific Group chairman, Patrick Healy, said it is difficult to predict when the tide will turn for the aviation industry and that the airline group expected a loss for the interim 2020 half. Read More »


 

News

Korean Air president warns about airline's survival as the sibling feud heats up at the carrier group

Korean Air president, Woo Kee-hong, reported Reuters this week, has told employees the impact of COVID-19 could be so great on the airline group that its survival may not be guaranteed. Read More »


 

News

Regulators initiate slot relief for airlines

Regulators worldwide are easing some of the rules tied to the use of precious take-off and landing slots at airports to allow airlines the flexibility they need to deal with COVID-19. Read More »


 

Short Takes

SYDNEY AIRPORT said this week passenger numbers fell by 9.3% to 3.1 million in February. Read More »