2021 January

Cathay Pacific to issue USD775m in HKD denominated convertible bonds due 2026

Cathay Pacific announced (27-Jan-2021) plans to sell five year convertible bonds denominated in Hong Kong dollars, valued at HKD6 billion (USD774 million) (The Standard/Reuters, 28-Jan-2021).

Visitor arrivals to Taiwan down 88.4% in 2020

Taiwan Tourism Bureau reported (26-Jan-2021) visitor arrivals to Taiwan for Dec-2020 and 12 months ended Dec-2020. Details include: Dec-2020: Visitor arrivals: 20,318, -98.3% year-on-year; Vietnam:

JAL Group intl pax down 93% in Dec-2020, domestic pax down 54.6%

JAL Group reported (28-Jan-2021) the following traffic highlights for Dec-2020:  Passengers: Domestic: 1.4 million, -54.6% year-on-year; International: 57,030, -93.0%; Southeast Asia: 24,638, -92.4%; America: 15,532,

Air New Zealand pax down 51.7% in Dec-2020

Air New Zealand reported (28-Jan-2021) the following traffic highlights for Dec-2020: Passengers: 881,000, -51.7% year-on-year; Short haul: 875,000, -44.3%; Domestic: 847,000, -27.3%; Tasman/Pacific: 28,000, -93.1%;

Perth Airport pax declines 60.4% in Dec-2020, 6.4m pax in 2020

Perth Airport reported (28-Jan-2021) the following traffic highlights: Dec-2020: Passengers: 527,114, -60.4% year-on-year; Domestic: 517,072, -42.4%; International: 10,042, -97.7%; Aircraft movements: 8858, -22.5%; 2020: Passengers:

Wellington International Airport pax down 32.7% in Dec-2020, 3.3m pax in 2020

Wellington International Airport reported (28-Jan-2021) the following traffic highlights: Dec-2020: Passengers: 356,812, -32.7% year-on-year; Aircraft movements: 5699, -17.5%; 2020: Passengers: 3.3 million, -47.9%; Domestic: 3.1

American Express CEO sees summer rush for air travel, slower business travel spending recovery

American Express CEO Stephen Squeri said he expects a “rush for people to travel, especially air travel” over the Jun-2021 through Sep-2021 northern summer travel season

American Airlines to commence New York-Rio service in Dec-2021

American Airlines plans to commence daily New York JFK-Rio de Janeiro Galeao service on 16-Dec-2021, as per a 26-Jan-2021 GDS inventory and timetable display. The airline will

Brand Finance: Boeing & US major airlines take major brand value hits from COVID-19 and other issues

Brand Finance issued (26-Jan-2021) its 2021 US brands report, finding COVID-19 resulted in decreased brand value across the board for US aviation businesses. Key findings: Boeing: Down 40% to USD13.6 billion. Boeing was

United Airlines to commence services from Newark and Washington to Bridgetown in Dec-2021

United Airlines plans to commence weekly New York Newark–Bridgetown and weekly Washington Dulles–Bridgetown services on 05-Dec-2021, as per a 26-Jan-2021 GDS inventory and timetable display. The airline will operate both

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