Orient Aviation Daily Digest May 6, 2022
News
Airbus posts US$1.3 billion Q1 profit
When announcing the 2022 first quarter results overnight, Airbus CEO, Guillaume Faury, said the risk profile for the remainder of 2022 had become "more challenging due to the complex geopolitical and economic environment". Read More »
News
Air New Zealand raises US$770.8 million in fresh capital
Air New Zealand (AirNZ) has completed its NZ$1.2 billion (US$770.8 million) capital raising after 88% of eligible shareholders took up their rights to purchase two new shares for every AirNZ share held. Read More »
News
Singapore Airlines and pilot union sign new agreement
Singapore Airlines (SIA) and the Air Line Pilots Association of Singapore (ALPA-S) have signed a new agreement that includes measures to return the basic salaries of the airline group’s cockpit crew to pre-COVID-19 levels by next January. Read More »
News
Qantas Group outlines proposed 100% takeover of Alliance Aviation
Qantas Group has announced its planned acquisition of Alliance Aviation Services, in an all-scrip deal valued at A$614 million (US$437 million). Read More »
News
Atlas Air reports US$81.5 million net profit for three months to March 31
Atlas Air Worldwide CEO, John Dietrich, said the company had made an excellent start to 2022 with strong earnings despite the challenges of the pandemic. Read More »
News
Singapore Changi Airport passenger traffic reaches 40% of pre-COVID-19 levels in April
Changi Airport Group said this week passenger traffic at Singapore airport had risen from 15% of pre-COVID-19 levels in February to "40% in the last few days". Read More »
Asia-Pacific Aerospace Briefs Today
Today's briefs report news from the Airline Catering Association, G3 Global, the International Air Transport Association, Malaysia Airports, Sabre, SenseTime and Spirit AeroSystems. Read More »
