Orient Aviation Daily Digest April 27, 2021
By Jordan Chong
News
Japan Airlines to expand equity in Mainland controlled Spring Airlines Japan
Japan Airlines (JAL) plans to lift its equity in LCC, Spring Airlines Japan, from 5% to a majority holding, local media reports, citing unnamed sources familiar with the matter. Read More »
News
Cathay Pacific Group completes third test run of IATA’s ONE Record digital cargo management system
Cathay Pacific said today it had completed a third pilot of the International Air Transport Association's (IATA) ONE Record cargo initiative that aimed to create a single record view of a shipment that could be shared by all stakeholders. Read More »
News
ANA HOLDINGS INC. commits to net zero emissions by 2050
ANA HOLDINGS INC, the parent company of All Nippon Airways (ANA), said yesterday it planned a target of net zero carbon emissions from aircraft operations in 2050 as part of its latest Environmental, Social and Governance (ESG) goals. Read More »
News
AirAsia X receives approval for rights issue; seeks to jump-start airline
AirAsia X (AAX) said today it had received approval from Kuala Lumpur's Bursa Malaysia to proceed with the company's proposed share consolidation and the issuing of up to three billion new shares through a rights issue and up to two billion new shares through a subscription option. Read More »
News
Thai AirAsia plans restructuring with up to US$100.3 million from new investor
Asia Aviation Public Company Limited (AAPC), the parent company of Thai AirAsia, said in a regulatory filing to the Stock Exchange of Thailand (SET) today the board had approved a restructuring plan for the LCC. Read More »
News
Airports Council International boss forecasts “uneven” air travel recovery from COVID-19
Airports Council International (ACI) World director general, Luis Felipe de Oliveira, has told the World Travel and Tourism Council Global Summit the recovery in air travel was expected to occur in phases and likely to be uneven in different markets. Read More »