South Korea's Asiana Airlines recorded a net loss of 265 billion won (US$239 million) for calendar 2020, an improvement from a net loss of 763 billion won a year earlier. Read More »

Papua New Guinea's Air Niugini said yesterday its schedule would include a second weekly nonstop flight between Port Moresby and Hong Kong, operated by a 767-300ER, from April 3. Read More »

Cebu Pacific Air (CEB) said in a regulatory filing to the Philippine Stock Exchange yesterday it planned to raise 12.5 billion pesos (US$258 million) through a sale of 329 million convertible preferred shares. Read More »

The Singapore government's 2021 budget, handed down yesterday, included S$870 million (US$655 million) in targeted support to "preserve core capabilities and extend cost relief" for the country's aviation sector. Read More »

Sixteen airlines, including Cathay Pacific, Korean Air and Singapore Airlines, have signed on to the United Nations International Children's Emergency Fund's (UNICEF) humanitarian global airfreight initiative to distribute vaccines, essential medicines and other essential supplies to fight COVID-19. Read More »

MRO provider, Skyways Technics Asia, said this week it was expanding its facilities at Subang Airport in Kuala Lumpur. Read More »

ASL Aviation Holdings said overnight it had exercised options for another 10 737-800 Boeing converted freighters (BCF). Read More »