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


MAY 2020

Week 20

Orient Aviation’s Week in the Asia-Pacific

 

Daily Update

  • India's Minister for Civil Aviation, Hardeep Singh Puri, said on his Twitter account late yesterday “domestic civil aviation operations would recommence in a calibrated manner from Monday 25th May 2020", having been suspended since late March as part of the country's efforts to stop the spread of the coronavirus. Read More »

 

Daily Update

  • Sydney Airport handled 92,000 passengers in April, a 97.5% reduction from 3.68 million in the prior corresponding period, the airport's monthly traffic report published today showed. Domestic passengers were down 97.9%, at 49,000, with international passengers collapsing 96.9% to 43,000. Read More »

 

Daily Update

  • Thai Airways International’s (THAI) second vice chairman and acting president, Chakkrit Parapuntakul, said today the airline would conduct its normal business operations while it undergoes a reform plan that was approved by the Thai cabinet and would be implemented "through the business reorganisation chapter under the auspices of the Central Bankruptcy Court of Thailand and the Bankruptcy Act". Read More »

 

News

Korean Air announces US$1.8 billion liquidity boost

Korean Air (KAL) said on Wednesday it planned to raise 2.2 trillion won (US$1.8 billion) through a share issue and government support from two state-owned banks to boost liquidity. Read More »


 

Daily Update

  • Singapore Airlines' (SIA) monthly traffic statistics for April showed the airline group - full-service Singapore Airlines, regional wing SilkAir and low-cost carrier Scoot - carried 10,800 passengers in April, a 99.6% reduction from 3.08 million passengers in the same month a year ago. Read More »

 

News

Singapore Airlines posts first full-year loss in its history; says “no visibility” on recovery timetable

Singapore Airlines (SIA) has reported a full-year loss for the first time in its history and said it has no visibility when international air travel might recover from what group CEO, Goh Choon Phong, described as the greatest challenge in aviation history. Read More »


 

News

Cathay reports US$581 million loss for four months to April 2020

Cathay Pacific and its regional wing Cathay Dragon have suffered a combined HK$4.5 billion (US$581 million) loss for the four months to April amid a precipitous drop in travel demand due to the coronavirus pandemic. Read More »


 

News

Thai AirAsia posts first quarter loss, cuts passenger forecast

Thai AirAsia has cut its passenger forecast for calendar 2020 by 50% in response to the coronavirus pandemic after it posted a net loss for its first fiscal quarter. Read More »


 

News

IATA says 69% of travellers will not consider flying if forced to quarantine

Nearly seven in 10 air travellers say they would not consider travelling if their journeys included 14-day arrival quarantine, figures from the International Air Transport Association (IATA) published this week show. Read More »


 

People

Lufthansa Consulting names new managing director

Hannes Müller, 44, until this month senior director infrastructure strategy & business analytics with the Lufthansa Group, is the new managing director of Lufthansa Consulting. Read More »


 

Short Takes

China Southern Airlines (CSA) will issue a 16 billion yuan (US$2.25 billion) bond to fund aircraft and engine acquisitions and MRO. Read More »