Orient Aviation Daily Digest May 5, 2022
News
Korean Air surges back to profit in March quarter
Korean Air (KAL) has reported a net profit of 543.9 billion won (US$449.2 million) for the three months to March 31, returning to the black from a net loss of 28.8 billion won in the same months in 2021. Read More »
News
Passenger demand jumped 76% in March; Asia-Pacific airlines languishing last on COVID recovery table
International Air Transport Association (IATA) director general, Willie Walsh, said the long expected surge in pent-up demand for travel is finally being realized as the barriers to travel are gradually lowered around the world. Read More »
News
Qantas loses court appeal on outsourcing airport ground handling jobs
An Australian court has dismissed an appeal from Qantas to overturn a July 2021 ruling that the airline illegally outsourced ground handling jobs when it cut 1,680 staff from its payroll in November 2020. Read More »
News
China Airlines introduces A321neo on Taipei-Tokyo route
China Airlines (CAL) has started flying its new A321neo between Taipei Songshan and Tokyo Haneda. Read More »
News
Hainan Airlines reports US$544 million Q1 net loss
Hainan Airlines has reported a net loss of 3.6 billion yuan (US$544 million) for the three months to March 31 compared with a net loss of 2.6 billion yuan in the same months in 2021, FlightGlobal reports, citing a financial statement from the company. Read More »
People
InterGlobe Aviation Ltd, the owner of leading LCC, IndiGo, has notified India's BSE stock exchange that Meleveetil Damodaran has stepped down as chair and independent non-executive director of the company on May 3, when he reached 75 years of age. Read More »
Asia-Pacific Aerospace Briefs Today
Today's briefs include news from Airbus, the International Air Transport Association, Qantas and Tata. Read More »
