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


Week 32

Orient Aviation Daily Digest August 11, 2021



Cathay Pacific narrows first half loss to US$972 million

Hong Kong-headquartered Cathay Pacific Group has reported a net loss of HK$7.6 billion (US$972 million) for the six months to June 30 2021, an improvement from a net loss of HK$9.9 billion in the same six-month period in 2020. Read More »



Boeing Commercial Airplanes delivers 28 aircraft in July

Boeing delivered 28 commercial aircraft in July, including one 737 MAX to both Fiji Airways and lessor CDB Aviation, up from four deliveries in the same month in 2020. Read More »



CDB forecasts improved profit for interim 2021

China Development Bank Financial Leasing Co. (CDB) said net profit for the the six months to June 30, 2021 is expected to come in at 46% above the 1.2 billion yuan (US$191 million) net profit recorded in the same six-month period in 2020 based on preliminary calculations. Read More »



Virgin Australia pilots agree to new workplace contract

Virgin Australia (VA) pilots have accepted a new workplace contract, with 73% of votes cast in favour of the agreement. Read More »



Regional Express widens forecast full-year loss

Australian airline group, Regional Express (Rex), has downgraded its financial guidance for the second time in two months as stay-at-home orders and domestic travel restrictions significantly impacted its revenue. Read More »



HNA restructuring plan deadline postponed to November: report

Hainan High People's Court has given Chinese conglomerate, HNA Group, another three months to present its restructuring plan, the South China Morning Post has reported. Read More »



Panasonic announces Singapore Airlines as inaugural marketplace platform customer

Panasonic Avionics Corporation said Singapore Airlines (SIA) will be the launch customer of its marketplace digital eCommerce platform. Read More »



Asia-Pacific aerospace briefs today

The Australian International Aerospace and Defence Exposition, usually held every two years at Avalon Airport west of Melbourne, has been cancelled due to increased uncertainty about the impact of the Delta variant of COVID-19 on attendance, organisers AMDA Foundation Limited said. Read More »