The most trusted source of Asia-Pacific commercial aviation news and analysis

MARCH 2017

Week 13

Orient Aviation’s Week in the Asia-Pacific

By Dominic Lalk

What a week it’s been in Asia-Pacific aviation! Monday kicked off with the news that Hong Kong’s Cathay Pacific Airways and Europe’s Lufthansa Group have signed a strategic partnership on routes to Australia, New Zealand and within Europe.

On Tuesday, American Airlines announced a US$200 million investment in China Southern Airlines for a 2.68% stake in Asia’s largest carrier.

This was followed on Thursday with an announcement from SkyTeam members Korean Air Lines and Delta Air Lines saying they had, at last, agreed on a transpacific joint venture.

In other updates, HNA Group has continued its shopping spree, Beijing Capital Airport is looking at a more-congested-than-ever April and Nok Air is tapping investors for a much-needed capital injection.

Cathay and Lufthansa sign strategic partnership Read More »



American Airlines takes 2.7% stake in China Southern

American Airlines on Monday confirmed it would pay US$200 million for a 2.7% stake in Guangzhou-based China Southern Airlines, becoming the second U.S. carrier to take a minority share in a Mainland Chinese airline, following Delta Air Lines’ 2015 investment in China Eastern Airlines. Read More »



IATA calls for U.S./UK electronics ban redress

International Air Transport Association (IATA) director-general and CEO, Alexandre de Juniac, on Tuesday called on both the U.S. and UK governments to “urgently” seek alternatives to the recently-imposed electronics ban on a significant number of flights departing the Middle East and North Africa. Read More »



AirAsia leasing unit sale imminent?

South Korean firm Korea Transportation Asset Management (KOTAM) has been named as the preferred bidder for a majority stake in AirAsia Group's leasing unit, Asia Aviation Capital (AAC), Reuters has reported. Read More »



Cebu Pacific 2016 net earnings grow by 122%

Manila-headquartered low-cost carrier (LCC) Cebu Pacific Air (CEB) had a successful 2016. The airline’s full-year net profit increased by 122% year-on-year to 9.8 billion pesos (US$195 million), largely on the back of robust demand and ancillary revenue growth. Read More »



HNA increases stake in Deutsche Bank

The HNA Group appears to be in a hurry to close as many deals as possible before Chinese regulators continue to further tighten capital outflows from the Mainland. Read More »



Korean Air and Delta agree on joint venture

‘Good things come to those who wait’ is what Korean Air Lines and Delta Air Lines executives might be thinking after signing a memorandum of understanding to form a trans-Pacific joint venture this week. Read More »



Beijing Capital Airport to cancel 20% of flights in April

Asia-Pacific corporates tired of long waits at Mainland airports are better off avoiding travel to Beijing in April. Read More »



Nok Air collects cash for much-needed capital injection

Nok Air’s troubles are worsening and the budget carrier requires an urgent capital injection. Read More »



Lufthansa Technik strengthens APAC leadership team

MRO specialist, Lufthansa Technik (LHT), has filled important leadership positions to support its continued expansion in the Asia-Pacific. Read More »



Routes: AirAsia will increase frequency on the Kuala Lumpur-Kaohsiung A320 route from thrice-weekly to daily beginning May 19. Air India will launch a thrice-weekly Delhi-Washington B777-200LR route on July 7. Read More »