Orient Aviation Daily Digest August 11, 2021
News
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 »
News
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 »
News
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 »
News
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 »
News
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 »
News
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 »
News
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 »
News
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 »