Asia Weekly Roundup: Feb. 19

February 19, 2021

Asiana Records Third Straight Quarterly Profit On Cargo Growth

Credit: Joe Pries



Asiana Airlines managed to achieve a net profit in the 2020 fourth quarter largely thanks to its cargo operation which narrowed its full-year loss amid the pandemic.



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Vietnam Signs On For Biggest L-39NG Order Yet

Credit: Aero Vodochody



Vietnam has signed up to purchase 12 of Aero Vodochody’s new L-39NG jet trainer, the largest order so far for the new aircraft. 



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New Zealand’s Pacific Aerospace Declares Insolvency

Credit: Pacific Aerospace / Facebook



Hamilton, New Zealand-based aircraft manufacturer Pacific Aerospace has succumbed to financial difficulties and shut down its operations.



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India Extends 80% Capacity Limit Through March

Credit: Airbus



India’s Directorate General of Civil Aviation (DGCA) has extended the duration of its 80% limit on how much pre-COVID-19 capacity airlines in the country are allowed to fly.



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Garuda Indonesia Moves To Terminate CRJ1000 Lease With NAC

Credit: Garuda Indonesia



Garuda Indonesia and Indonesia’s ministry of state-owned enterprises have moved to cut short a lease for 12 Bombardier CRJ1000 regional jets and return them to lessor Nordic Aviation Capital. 



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Halt Supply Chains Linked To China, UK Defense Committee Says

Credit: Deer Jet



A committee of UK lawmakers has called upon the country’s defense ministry to stop doing business with British companies owned by Chinese or Russian entities. 



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Vaccinated Crew Should Bypass Hong Kong’s Quarantine Rule, IATA Says

Credit: Joe Pries



IATA is urging the Hong Kong government to allow exemptions from new crew quarantine rules as quickly as possible, highlighting the damage the requirements will cause to airlines.



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Vietravel Airlines Launches With Seven Routes

Credit: Vietravel Airlines



New leisure carrier Vietravel Airlines has begun operating seven domestic routes in Vietnam.



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IATA urging the Hong Kong government to allow exemptions from new crew quarantine rules, Vietnam signing on for the biggest L-39NG order yet, and more. A roundup of the week’s news in Asia.

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