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

MARCH 2021

Week 13

Orient Aviation Daily Digest March 30, 2021

By Jordan Chong



Korean Air schedules 100% merger with Asiana Airlines for 2024

Korean Air (KAL) has pushed back the completion of its proposed takeover and merger with local rival, Asiana Airlines, to 2024, The Korea Times has reported, citing the office of Democratic Party of Korea (DPK) representative, Park Yong-jin, as its source. Read More »



AirAsia Group reports US$1.2 billion 2020 loss but predicts “full recovery in two years”

AirAsia Group Berhad last night reported a 5.1 billion ringgit (US$1.2 billion) net loss for the 12 months to December 31, 2020 compared with a 316 million ringgit net loss in its 2019 fiscal year. Read More »



Successful fundraising provides “cash runway” out of pandemic losses says Cebu Pacific

Previously profitable Philippines LCC, Cebu Pacific (CEB), today reported a net loss of 22.2 billion pesos (US$457.9 million) for the 12 months to December 31, 2020, falling into the red from a net profit of 9.1 billion pesos a year ago. Read More »



Air New Zealand’s domestic business travel returns to 90% of pre-COVID-19 levels

Air New Zealand's (Air NZ) monthly traffic report, published today, reported the airline flew 608,000 passengers on its domestic network in February. Read More »



All Nippon Airways tests digital health passport on linchpin Tokyo Haneda-New York route

All Nippon Airways (ANA) said it conducted a trial of the CommonPass digital health passport on its important Tokyo Haneda-New York route on March 29. Read More »



THAI forecasts profits from its “main business operation” by 2023

Thai Airways International (THAI) said this week the preliminary estimation of its business reorganisation plan showed the airline is forecast to "generate profits from its main business operation" by 2023. Read More »