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


Week 8

Orient Aviation Daily Digest February 25, 2021

By Jordan Chong



Qantas expects to expand international flight schedule from October

Qantas Group has pushed back the planned broad resumption of its international network by four months, to late October, after previously saying it had hoped to return to global flying by July. Read More »



Air New Zealand goes into the red in first half of fiscal year

Air New Zealand (Air NZ) today reported a net loss of NZ$72 million (US$53.5 million) for the six months to December 31, 2020, compared with a net profit of NZ$101 million 12 months earlier. Read More »



THAI’s latest losses increase pressure on carrier to deliver rescue plan

Thai Airways International (THAI) has reported a net loss of 141.2 billion baht (US$4.7 billion) for the 12 months to December 31, 2020, a deterioration from a net loss of 12 billion baht in in the same months a year ago. Read More »



AirAsia Group announces cost of failed AirAsia Japan investment

AirAsia Group yesterday informed the Bursa Malaysia it had recognised a loss of US$74.1 million in respect to its grounded AirAsia Japan affiliate for the second half of calendar 2020 as a result of bankruptcy proceedings commenced against the Japanese LCC. Read More »



Southeast Asia critical to Boeing’s expansion in next two decades

Boeing said today Southeast Asia would be its fifth largest market in the world by 2039. Read More »



IATA predicts airlines must wait until 2022 to be cash positive

The International Air Transport Association (IATA) said overnight airlines would continue to burn cash throughout calendar 2021 and not turn cash positive until 2022. Read More »



SITA reveals airlines cut investment in technology by 55%

Air travel technology company SITA's Air Transport IT Insights report showed airlines cut planned spending on information technology and telecoms (IT&T) by 55%, to US$22 billion, in 2020, from US$49.6 billion in 2019. Read More »