Orient Aviation Daily Digest November 11, 2021
By Steve Creedy
News
Boeing accepts responsibility for fatal Ethiopian Airlines 737 MAX crash
Boeing has agreed to accept responsibility for the crash of an Ethiopian Airlines 737 Max in 2019 as it moves to settling legal action taken by families of the 157 people killed in the tragedy. Read More »
News
IATA’s Walsh says industry should know by 2030 if hydrogen planes are viable
The industry will have greater visibility about the viability of hydrogen-powered aircraft by the end of the decade, according to International Air Transport Association (IATA) director-general, Willie Walsh. Read More »
News
AerCap posts a Q3 profit as it reaches an ‘inflection point’
Aviation leasing company, AerCap Holdings, said it returned a US$434 million net profit for the third quarter in what chief executive, Aengus Kelly, described as “an important inflection point” for the lessor. Read More »
Advertorial
[FINAL CALL] Advanced Master in Air Transport Management
The 18-month Master programme (part-time) is jointly offered by the Hong Kong International Aviation Academy (HKIAA) and Ecole Nationale de l’Aviation Civile (ENAC) in Hong Kong. Read More »
News
Cebu Pacific reports demand recovery but Q3 net loss widens to US$162.8 million
Budget carrier, Cebu Pacific (CEB), has recorded a third quarter revenue rise of 62% but experienced a wider net loss of P8.2 billion (US$162.8 million) on the back of continuing travel restrictions in the Philippines. Read More »
News
Emirates Group more than halves loss from increasing passenger demand and strong cargo business
Emirates Group has been described as “well on the way to recovery” after it recorded an 81% boost in interim revenue and reported a reduced net loss of US$1.6 billion. Read More »
News
China Southern Airlines and Qatar Airways expand codeshare agreement
China Southern Airlines and Qatar Airways have agreed to significantly expand their existing codeshare partnership and developing Beijing’s Daxing International Airport as a hub. Read More »
News
Virgin Australia trials seat changes
Virgin Australia (VA) has launched trials of “a refreshed seat experience” in two of its 737-800 aircraft. Read More »
People
AirAsia Group has appointed former adidas executive, Colin Currie, as chief commercial officer effective from November 10. The group said Currie will develop a consumer-centric strategy using data to optimise growth and meet the financial objectives across AirAsia's airlines and digital units.
Asia-Pacific Aerospace Briefs Today
Global communications company, Viasat, has entered into a definitive agreement to acquire satellite specialist, Inmarsat, in a transaction valued at US$7.3 billion. The deal involves US$850 million in cash, approximately 46.36 million shares of Viasat common stock valued at US$3.1 billion and the assumption of $3.4 billion of net debt. Read More »
