Orient Aviation’s Week in the Asia-Pacific
By Dominic Lalk
It was another bad week for the region’s full-service carriers. On Wednesday, Hong Kong’s Cathay Pacific Airways reported its worst performance in more than two decades, a HK$2 billion (US$153 million) first-half loss.
In Bangkok, Thai Airways International (THAI) slipped back into the red when it posted a two billion baht first-half net loss (US$157 million). Both Cathay and THAI are undergoing wide-ranging restructuring programmes.
On the Mainland, Air China is expecting to receive its first A350 in November and South Korea’s Asiana Airlines has taken delivery of the second of 30 A350s it has on order. The aircraft will soon fly to London and San Francisco from Seoul.
Cathay Pacific’s first half loss balloons to HK$2 billion Read More »
News
Asiana Airlines operating profit up 49%, receives second A350
South Korea’s second largest carrier, Asiana Airlines, has reported solid growth in the second quarter to June 30, following an easing of tensions with China. Read More »
News
Air China to receive first A350 in November
Mainland flag carrier, Air China, will receive the first of ten on-order A350-900s in November. Read More »
News
Gatwick attractive alternative for Asian carriers
With London’s Heathrow Airport continuing to operate at overcapacity, Gatwick Airport has become an attractive alternative for carriers from the Asia-Pacific. Read More »
News
THAI records 11% yield slippage in second quarter
Thai Airways International’s (THAI’s) turnaround efforts have stalled in the second quarter to June 30. Read More »
News
Cambodia Angkor Air under pressure to expand
Following the rapid ascent of JC International Airlines, Cambodia Angkor Air has outlined its growth plan through to 2020. Read More »
News
Nepal Airlines to add two additional A320s?
Nepali flag carrier, Nepal Airlines, is looking to acquire two additional A320 aircraft, local newspaper The Karobar Daily has reported, referencing a government document which states the proposal has been submitted to a procurement committee for approval. Read More »
People
Boeing appoints new board director
The Boeing board of directors has elected Caroline B. Kennedy as a new member. She will serve on the audit and finance committees. Read More »
Shorttakes
Routes: Beijing Capital Airlines will add a twice-weekly Qingdao-Heathrow A330-200 route on October 30. EVA Airways will increase frequency on the Taipei-Kuala Lumpur A330-300 route from daily to eleven-weekly commencing September 8. Read More »
