Orient Aviation’s Week in the Asia-Pacific
Daily Update
Daily Update
Daily Update
Daily Update
News
U.S. and China tussle over flights
Increasing geopolitical tensions between China and the U.S. have spilled over to aviation with the U.S. announcing plans to stop all Chinese carriers from flying into the country from mid-month. Read More »
News
IATA says April was the cruellest month for the industry
While the April traffic report from the International Air Transport Association (IATA) made for grim reading, the figures "might represent the lowest point" in the crisis that has engulfed the industry due to the coronavirus pandemic. Read More »
News
AirAsia Group explores capital raising
Malaysia-listed AirAsia Group (AAGB) said this week it had been presented with proposals from banks, lenders and potential investors to "raise capital to strengthen its equity base and/or liquidity". Read More »
News
IndiGo posts fourth quarter and full-year loss
Indian LCC, IndiGo, will continue to accept new A320neos and retire older A320ceos with the goal of improving liquidity and lowering costs after its slump into the red from the COVID-19 outbreak. Read More »
News
Two bidders still standing in battle for ownership of Virgin Australia
Administrators for Virgin Australia (VA) this week narrowed the list of potential buyers for the airline group to Bain Capital and Cyrus Capital Partners. Read More »
People
Airbus India president and managing director, Anand Stanley, has been promoted to Airbus president for Asia Pacific, the Toulouse manufacturer announced this week. Read More »
Short Takes
Embraer has reported a net loss of US$292 million for the three months to March 31, a deterioration from a net loss of US$42.5 million in the prior corresponding period. Read More »