Flag carrier, Korean Air (KAL), has reported a net profit of 130 billion won (US$112 million) for the three months to June 30, down 20% from a net profit of 162.4 billion won in the same months in 2020. Read More »

Cathay Pacific Airways chief customer and commercial officer, Ronald Lam, said the Hong Kong-headquartered carrier still aimed to reach 30% of pre-COVID-19 capacity by year-end. Read More »

Australia's Regional Express (Rex) has stood down 500 pilots, cabin crew, engineers, airport workers, call centre and ground employees and head office operational staff as a result of "the devastating consequences of lock downs and border closures that have ravaged the entire aviation industry", deputy chairman, John Sharp, said. Read More »

Asia Aviation Public Company Limited (AAPC), the parent company of Thai AirAsia, has reported a net loss of 1.7 billion baht (US$50.7 million) for the three months to June 30, an increase from a net loss of 1.1 billion baht in the same months last year. Read More »

Bangkok Airways Public Company Limited has reported a net loss of 686 million baht (US$20.6 million) for the three months to June 30, an improvement over a net loss of 3 billion baht in the same three months in 2020. Read More »

Air New Zealand (Air NZ) has delayed the timing of a proposed capital raising for a second time after New Zealand deputy prime minister and minister of finance, Grant Robertson, wrote to the airline and said the current environment was not sufficiently certain and stable to enable the Crown to provide a firm pre-commitment to support the planned equity raising at this time. Read More »

Airbus executives have been authorised to approach potential customers about a freighter variant of its A350 wide-body after the OEM's board of directors gave the proposed aircraft the green light last month, the Bloomberg news agency has reported. Read More »