Orient Aviation Daily Digest June 18, 2021
A look at the week
By Jordan Chong
China's three largest airline groups posted healthy growth in domestic passenger numbers this week, highlighting the strong recovery in the country's aviation market.
The domestic networks of Air China, China Eastern Airlines and China Southern Airlines were above pre-COVID-19 levels, continuing recent growth in the market.
However, the level of international traffic into and out of China, much like almost everywhere else in the world, was a fraction of what it would be normally because borders mostly remain closed. Read More »
News
Air New Zealand forecasts annual loss; operating environment challenging and uncertain
Air New Zealand (Air NZ) said in a regulatory filing today it would remain in the red for the rest of 2020/2021 and in 2021/2022. Read More »
News
Singapore Airlines posts 8.4% month-on-month passenger growth in May
Singapore Airlines (SIA) flew 119,600 passengers in May, up 8.4% month-on-month from 110,300 passengers in April and more than 10 times higher than the 9,600 passengers it transported in May 2020. Read More »
News
All Nippon Airways domestic passenger numbers slide for second consecutive month
The May traffic report for All Nippon Airways (ANA) said the carrier transported 965,752 passengers on its domestic network in May, down 23.3% from 1.3 million in April. Read More »
News
Garuda Indonesia defers bond distribution for second time, appoints additional advisor
Garuda Indonesia said in a regulatory filing to the Indonesia Stock Exchange it would continue to defer the June 3 distribution payment on its US$500 million Sukuk, or Islamic bond, “to ensure the company emerges from the pandemic as a healthy airline". Read More »
News
Japan Airlines domestic passenger numbers fall 19.9% in May
Japan Airlines (JAL) flew 839,682 passengers on its domestic network in May, down 19.9% from one million passengers in April. Read More »
News
BOC Aviation appoints Wang Xiao as board member; Li Mang resigns
BOC Aviation said in a regulatory filing to the Stock Exchange of Hong Kong Li Mang had resigned as a non-executive director after his appointment to a new role at the Bank of China. Read More »
