Orient Aviation Daily Digest March 1, 2021
By Jordan Chong
News
Qantas Group and American Airlines to extend joint venture agreement
The Australian Competition and Consumer Commission (ACCC) has ruled in a draft determination it planned to reauthorise American Airlines and Qantas Group’s joint business agreement on routes between Australia, New Zealand, Canada, Mexico and the U.S. for five more years. Read More »
News
Losses pile up at AirAsia X in final months of 2020
AirAsia X Berhad (AAX) said it "suffered from the full impact of COVID-19" during the three months to December 31, 2020, when it posted a net loss of 174.3 million ringgit (US$43 million), for the quarter, a decline from a 95.8 million ringgit net loss a year earlier. Read More »
News
Asia-Pacific international air passenger traffic close to “a standstill”
Airlines in the Asia-Pacific flew 1.3 million passengers on international flights in January 2021, down 96.1% from 33.5 million in the same months in 2019, figures from the Association of Asia Pacific Airlines (AAPA) published today showed. Read More »
News
BOC Aviation strikes A320 deal with leading Indian LCC
BOC Aviation said in a regulatory filing to the Stock Exchange of Hong Kong today it had signed an agreement with InterGlobe Aviation Limited, the owner of Indian LCC, IndiGo, covering eight A320neo. Read More »
News
Australia’s Regional Express defies industry trends with 43% profit jump
Australia's Regional Express (Rex) has reported net profit of A$9.9 million (US$7.7 million) for the six months to December 31, 2020, up 43.4% from A$6.9 million in the same period in 2019. Read More »
News
Vietjet powers into Asia-Pacific cargo sector
VietJet Air will expand its cargo network this year after moving quickly in introducing cargo-only services in response to the COVID-19 pandemic. Read More »