Orient Aviation’s Week in the Asia-Pacific
Daily Update
Daily Update
Daily Update
News
Hong Kong government throws lifeline to local aviation
The Hong Kong government has announced a HKS$137.5 billion (US$17.74 billion) rescue package for the Special Administrative Region (SAR) that includes HK$2 billion in funds for airlines and aviation support services. Read More »
News
Virgin Australia CEO asks government for statement of confidence in the carrier
Virgin Australia [VA] has taken out full-page advertisements in the country's newspapers pressing its case for government assistance and warning of the dangers of Australia returning to an airline monopoly. Read More »
News
Private group makes US$2.5 billion bid for Malaysia Airlines
Malaysian sovereign wealth fund, Khazanah Nasional, has poured cold water on a proposed US$2.5 billion bid for Malaysia Airlines (MAS). Read More »
News
International Air Transport Association [IATA] director general and CEO, Alexandre de Juniac, said this week up to 25 million people – almost half of them in the Asia-Pacific – could lose their jobs in the aviation sector following the precipitous drop in passengers due to the coronavirus pandemic. Read More »
People
Air New Zealand beefs up crisis management expertise with appointment of former union boss
Air New Zealand (Air NZ) CEO, Greg Foran, has brought in a former president of the country’s Council of Trade Unions, Ross Wilson, and appointed Joe Collom as chief people officer, to advise and contribute to the carrier’s post-pandemic strategy. Read More »
News
ANA seeking government guarantee for loans Japanese media reveals
Japan's All Nippon Airways [ANA] is seeking a government guarantee for loans and other lines of credit, local media reports. Read More »
News
Lion Air Group's Malaysian affiliate, Malindo Air, has suspended all services and put its staff on unpaid leave in response to the coronavirus pandemic. Read More »
Short Takes
Korean Air said in a statement some 70% of its 19,000 staff in South Korea would be placed on a six-month leave of absence starting on April 15 due to the deteriorating business environment caused by the coronavirus pandemic. Read More »