Asia Weekly Roundup: Jan. 29
January 28, 2021
Singapore Airlines To Fly SilkAir’s 737s Starting In March
Credit: Singapore Airlines
On March 4, Singapore Airlines will begin flying Boeing 737-800s being absorbed into the SIA fleet from SilkAir.
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Philippine Province Scraps $10B China-Backed Airport Project
Credit: SPIA
The government of Philippine province Cavite has canceled the $10 billion Sangley Point International Airport project that involved a consortium of China Communications Construction Co. (CCCC) and Manila-based MacroAsia Corp.
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Chinese Airlines Expects Dampened Lunar New Year
Credit: China Southern Airlines
Hopes for Chinese carriers to return a profit in the first quarter have been dealt a blow after the Civil Aviation Administration of China (CAAC) issued an order for flights tickets to be refunded or rescheduled for free.
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Avianca, Cathay Pacific Partner With Airlink On Disaster Response
Credit: Airlink
Aviation disaster response nonprofit Airlink has signed partnership agreements with Avianca Cargo and Cathay Pacific Airways.
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Daily Memo: What Did Trump Change About U.S. Aero In China?
Credit: COMAC
It turns out Donald Trump may not have changed much of anything for how Western aerospace works in China.
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COMAC Targets C919 Delivery, CR929 Prototype Construction By End-2021
Credit: COMAC
The Commercial Aircraft Corporation of China (COMAC) will reportedly hand over the first C919 narrowbody airliner to its first client by the end of 2021, according to COMAC general engineer Yang Zhigang.
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South Korean Start-Up Aero K Postpones International Expansion
Credit: Aero K
South Korea’s latest LCC Aero K has put the brakes on its planned international expansion because of travel restrictions.
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Australia Suspends Quarantine-Free Travel From New Zealand
Credit: Air New Zealand
The Australian government has temporarily closed quarantine-free entry from New Zealand citing concerns about a COVID-19 case detected in that country.
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Cathay Pacific Predicts Big Hit From Crew Quarantine Rules
Credit: Joe Pries
Cathay Pacific says the Hong Kong government’s plan to impose quarantines on airline crew would force the carrier to cut back capacity and also significantly raise its cash burn.
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Cathay Pacific Unveils Major Bond Issue To Help Bolster Liquidity
Credit: Cathay Pacific
Cathay Pacific has announced a new convertible bond issue that will raise HK$6.7 billion ($870 million), giving it an additional financial buffer as the business environment becomes even more challenging.
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Thai Airways Buys Time For Creditor Talks; Thai EXIM To Offer Aid
Credit: Nigel Howarth / Aviation Week
Thai Airways will submit its proposed rehabilitation plan to Thailand’s central bankruptcy court on March 2 after the flag-carrier’s request to postpone the submission was approved again.
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IndiGo Grows Fleet, Looks To Ramp Up Capacity
Credit: Airbus
IndiGo increased its fleet by five aircraft in the last three months of 2020 and is now aiming to scale up capacity to 75-80% of 2020’s flying during the current quarter.
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COMAC targets C919 delivery, CR929 prototype construction by end-2021, Australia suspends quarantine-free travel from New Zealand, and more. A roundup of the week’s news in Asia.
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