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

MAY 2021

Week 18

Orient Aviation Daily Digest May 3, 2021

By Jordan Chong



Singapore Airlines adds to liquidity with US$1.5 billion in sale and leaseback agreements

Singapore Airlines (SIA) said today it had raised S$2 billion (US$1.5 billion) in fresh capital through sale and leaseback contracts covering 11 aircraft. Read More »



Mainland flag carrier, Air China, and Air New Zealand to continue strategic partnership

Air China and Air New Zealand (Air NZ) have extended their partnership for another five years, the New Zealand carrier's CEO, Greg Foran, announced today. Read More »



Regulator downgrades air passenger recovery at Malaysia’s airlines

Malaysia Aviation Commission (MAVCOM) has lowered its passenger forecast for calendar 2021 due to a resurgence of COVID-19 cases in Malaysia and worldwide. Read More »



Vietnam’s leading LCC records US$3 million profit for 2020

Vietjet Aviation Joint Stock Company (VAJSC), the parent company of LCC Vietjet, yesterday reported an audited after tax profit of 69 billion dong (US$3 million) for calendar 2020. Read More »



China Aircraft Leasing reports first quarter revenue of US$91.2 million

China Aircraft Leasing Company (CALC) earned revenue of 590 million yuan (US$91.2 million) for the three months to March 31, 2021, China Aircraft Leasing Group Holdings Limited said in a regulatory filing to the Stock Exchange of Hong Kong on Friday. Read More »



Vietnam Airlines Group discloses US$216 million after tax loss

Vietnam Airlines Group late last week announced an after-tax loss of 4.975 trillion dong (US$216 million) for the three months to March 31, 2021, down 90% from an after-tax loss of 2.6 trillion dong 12 months earlier. Read More »