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

MAY 2021

Week 19

Orient Aviation Daily Digest May 10, 2021

By Jordan Chong



India’s leading LCC, IndiGo, “exploring all options to increase liquidity”

Interglobe Aviation Limited, the parent of India’s biggest LCC, IndiGo, said directors had decided at a board meeting last Friday the company "should continue to explore all options to increase its liquidity", including a qualified institutional placement. Read More »



Thai AirAsia parent delays June 4 extraordinary general meeting

Asia Aviation Public Company Limited (AAPC), parent company of Thai AirAsia, said on Friday the extraordinary general meeting of shareholders, planned for June 4, is postponed because more work was needed on a proposed restructuring plan. Read More »



Qantas Group forecasts 107% domestic capacity; leases five more E190s

Qantas Group said on Friday it expected Australian domestic capacity to increase 107% of pre-COVID-19 numbers in the 2021-2022 year and that its LCC, Jetstar, also would jump in capacity. Read More »



Australia’s regional carrier, REX, to break even as nation’s domestic air travel spikes

Australian airline group, Regional Express (REX), forecast it would break even in 2020-2021 in a recovering domestic market. Read More »



Cathay Pacific Group proceeds with US$ denominated bond offering

Cathay Pacific Group has launched a US$ denominated bond offer featuring senior unsecured notes with a term of five and a quarter years and a coupon rate of 5.2%, Reuters news agency reported, citing a term sheet it had sighted. Read More »



Delta Air Lines biggest April customer for Airbus with confirmed 25 A321neo order

Airbus said on Friday it received orders for 48 commercial aircraft in April – 25 A321neos for Delta Air Lines, 14 A320neos and eight A321neos from lessor Avolon and an A321neo from a private customer. Read More »