Orient Aviation Daily Digest February 4, 2021
By Jordan Chong
News
IATA declares 2020 “a catastrophe” for airlines across the globe
The International Air Transport Association (IATA) said overnight calendar 2020 was the worst year in the history of air travel, as revenue passenger kilometres (RPK) dropped 65.9% compared with 2019. Read More »
News
Qantas to wet lease Embraer 190s from Alliance Air
Qantas Group and Australian regional carrier, Alliance Aviation Services, announced a three-year wet lease agreement today. Read More »
News
AirAsia parent declares US$112.2 million capital raising to pass go
AirAsia Group Berhad, in a regulatory filing to the Bursa Malaysia yesterday, said it had received approval for RHB Investment Bank to conduct a capital raising through the issue of up to 668,394,816 new shares, representing up to 20% of existing shares on issue, via a private placement. Read More »
News
All Nippon Airways expands international flights into Narita, Nagoya and Kansai
All Nippon Airways (ANA) said today it would increase Tokyo Narita-Manila flights to daily this month, up from three times weekly. Read More »
News
Airbus announces Hamburg pilot production line for critical A321XLR components
Airbus said in a statement on Tuesday (European time) its Hamburg facility would host a dedicated pilot production line for major component assembly operations of the new rear fuselage equipped with the new rear centre tank featured on the A321XLR long-range narrow-body. Read More »
News
Cargo turns in 2020 operating profit at Korean Air
Korean Air (KAL) today announced an operating profit for full-year 2020 of 238.3 billion won (US$219 million), with cargo providing a lifeline for the group. Read More »