A trusted source of Asia-Pacific commercial aviation news and analysis


FEBRUARY 2021

Week 7

Orient Aviation Daily Digest February 17, 2021

By Jordan Chong

 

News

Asiana Airlines reports strong air cargo business offsetting depressed passenger demand

South Korea's Asiana Airlines recorded a net loss of 265 billion won (US$239 million) for calendar 2020, an improvement from a net loss of 763 billion won a year earlier. Read More »


 

News

Air Nuigini adds second weekly flight to Hong Kong after October 2020 launch

Papua New Guinea's Air Niugini said yesterday its schedule would include a second weekly nonstop flight between Port Moresby and Hong Kong, operated by a 767-300ER, from April 3. Read More »


 

News

Cebu Pacific to raise US$258 million to pay down debt

Cebu Pacific Air (CEB) said in a regulatory filing to the Philippine Stock Exchange yesterday it planned to raise 12.5 billion pesos (US$258 million) through a sale of 329 million convertible preferred shares. Read More »


 

News

Singapore extends US$655 million in aid to aviation sector

The Singapore government's 2021 budget, handed down yesterday, included S$870 million (US$655 million) in targeted support to "preserve core capabilities and extend cost relief" for the country's aviation sector. Read More »


 

News

Region’s leading airlines sign up for UNICEF’s global plan to combat COVID-19

Sixteen airlines, including Cathay Pacific, Korean Air and Singapore Airlines, have signed on to the United Nations International Children's Emergency Fund's (UNICEF) humanitarian global airfreight initiative to distribute vaccines, essential medicines and other essential supplies to fight COVID-19. Read More »


 

News

Skyways Technics Asia to expand at Malaysia’s Subang airport

MRO provider, Skyways Technics Asia, said this week it was expanding its facilities at Subang Airport in Kuala Lumpur. Read More »


 

News

ASL Aviation Holdings converts options for 10 737 freighters to firm orders

ASL Aviation Holdings said overnight it had exercised options for another 10 737-800 Boeing converted freighters (BCF). Read More »