Aviation Daily Roundup: August 8, 2023

International air cargo data for June shows the smallest year-on-year contraction in demand since February 2022, the International Air Transport Association (IATA) says.  

Boeing’s July deliveries kept the company generally on track to hit full-year targets for its two biggest programs, even as one—the 787—saw activity interrupted due to a new production quality issue.

If last year was stressful for European airlines because a surge in post-COVID travel demand met unprepared, short-staffed airports, leading to delays and cancellations, summer 2023 is providing headaches for Wizz Air management for very different reasons.

VietJet Air credits its aggressive network expansion into new markets as a key driver for new passenger revenue, as the LCC posts revenue 120% above its initial targets.

Oman Air has initiated a substantial restructuring that will see the integration of local LCC SalamAir as it seeks to reduce persistent losses.

Thai Airways and Turkish Airlines plan to form a strategic joint venture (JV) to enhance connecting opportunities through the networks of both airlines.

Despite China’s border reopening on Jan. 8 and intercontinental travel becoming an option again, 94% of Chinese outbound tourism movements remain restricted to the Asia-Pacific region, with Thailand and Japan the most popular foreign destinations.