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


Week 45

Orient Aviation Daily Digest November 6, 2020

A look at the week

By Jordan Chong

Although Korean Air's (KAL) latest financial report showed a hefty net loss for the three months to September 30, the airline did register a second consecutive quarterly operating profit due to the performance of its cargo business.

KAL said cargo demand was up 17.3% in the quarter, while capacity was 1.9% higher. As a result, the cargo load factor rose to 80.8%.

The bright spot for cargo could not offset the severe drop in passenger demand, with the third quarter net loss worse than a year ago.

International Air Transport Association (IATA) figures, published this week, showed global revenue passenger kilometres (RPK), declined 72.8% in September. It was a slight improvement from the 75.2% fall in August, but IATA director general and CEO, Alexandre de Juniac said airlines had "hit a wall in the industry's recovery". Read More »


Daily Digest

Orient Aviation Daily Digest: Losses mount at Thai Airways International as full impact of COVID-19 hits the tourism driven flag carrier

November 12, 2020

  • Thai Airways International (THAI) reported a net loss of 21.5 billion baht (US$712 million) for the three months to September 30, 2020, a deterioration from a net loss of 4.7 billion baht a year ago. Read More »


Daily Digest

Orient Aviation Daily Digest: Hong Kong-Singapore Air Travel Bubble to open on November 22

November 11, 2020

  • Hong Kong and Singapore announced today their bilateral air travel bubble (ATB) would commence on November 22. The ATB will allow passengers to travel between the two countries without completing quarantine on arrival. Read More »


Daily Digest

Orient Aviation Daily Digest: New Taiwan carrier, Starlux, plans Taipei-U.S. network from 2022

November 10, 2020

  • StarLux Airlines has applied to Taiwanese regulators to fly nonstop to 15 destinations in the U.S. including Los Angeles, San Francisco and Seattle on the west coast, Boston, New York and Washington D.C. on the eastern seaboard and Guam in the Pacific, local media reported over the weekend, citing comments from the airline's president, Glenn Chai. Read More »


Daily Digest

Orient Aviation Daily Digest: Singapore Airlines group reports interim US$2.6 billion loss, retirement of 26 aircraft

November 9, 2020

  • Singapore Airlines group (SIA) announced on Friday evening it would withdraw 26 aircraft from its fleet in efforts to reposition the airline in a post-COVID-19 operating environment. Read More »



Asia-Pacific reports largest regional drop in international RPKs in September

Asia-Pacific carriers suffered the largest fall in demand for international air travel in September as travel restrictions in response to COVID-19 suppressed demand, figures from the International Air Transport Association (IATA) showed. Read More »



Korean Air posts third quarter net loss, reports continuing sluggish passenger demand

Announcing a net loss of 385.9 billion won (US$305.8 million) for its third quarter, to September 30, Korean Air (KAL) this week forecast passenger demand would remain depressed until the end of the year. Read More »



Cargo boosts operating profit

While the bottom line result was a net loss for KAL, the airline posted an operating profit of 7.6 billion won for the three months to September 30, down 94% from 117.9 billion won a year earlier. Read More »



Singapore Airlines opens its staff training academy to third party customers

Singapore Airlines (SIA) said this week it would open its training facilities to outside customers, offering short courses in areas such as customer service, innovation and digital programs. Read More »



ACI survey reveals people keen to resume travel but want safeguards against viruses across their journeys

Some 48% of respondents to an Airports Council International (ACI) World survey said they were likely to travel in the next three months. Read More »



Harpreet A De Singh started as CEO of Air India's wholly-owned subsidiary, Alliance Air, this week. Singh, previously Air India's executive director of flight safety and a former pilot with the national flag carrier, is the first female CEO of an Indian airline. Read More »


Short Takes

Thai Airways International (THAI) this week listed 34 aircraft for sale, with bids due by November 13. Read More »