Exclusive: Cathay Pacific’s brand merger hits roadblock from China’s aviation regulator – sources


SYDNEY (Reuters) – China’s aviation regulator may make it difficult for Hong Kong’s Cathay Pacific Airways Ltd (0293.HK) to merge regional arm Cathay Dragon into its main brand because of infractions during last year’s pro-democracy protests, two sources said.

FILE PHOTO: A Cathay Dragon Airbus A330-300 plane descends before landing at Hong Kong Airport in Hong Kong, China April 4, 2018. REUTERS/Bobby Yip/File Photo

The airline is looking to cut costs, streamline marketing and consolidate pilot contracts around Cathay Pacific and low-cost arm HK Express, the sources said on condition of anonymity.

Rival Singapore Airlines Ltd (SIAL.SI

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BOC Aviation says lessors may have to take back planes later this year


SINGAPORE (Reuters) – Aircraft lessors may need to start taking back some planes in the second half of the year, the CEO of BOC Aviation Ltd (2588.HK) said, adding that the pandemic-hit aviation market could take until 2023 to fully rebound.

FILE PHOTO: A BoC Aviation model plane is seen at their office in Singapore in this May 16, 2016 photo illustration. REUTERS/Edgar Su/Illustration

One the world’s biggest aircraft lessors, BOC Aviation said it still has 100% of its fleet on lease after reaching three-month partial payment deferral deals with many customers.

“We are prepared to move planes

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Britain’s embattled aviation industry demands alternative to quarantine


LONDON (Reuters) – Britain’s aviation industry called on the government to find an alternative to quarantine plans for international arrivals, or risk seeing airlines and airports being dealt a fatal blow from the coronavirus pandemic.

FILE PHOTO: Easyjet airline airplanes are seen parked, as Schiphol Airport reduces its flights due to the coronavirus disease (COVID-19) outbreak, in Amsterdam, Netherlands April 2, 2020. REUTERS/Piroschka van de Wouw

Prime Minister Boris Johnson said on Sunday a quarantine would soon be needed for people coming into the country by air to prevent a second peak of the virus outbreak.

The new rules, which

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GE Aviation to cut workforce by up to 13,000 jobs, or 25%


FILE PHOTO: The logo of U.S. conglomerate General Electric is seen on the company building in Belfort, France, October 19, 2019. REUTERS/Vincent Kessler

(Reuters) – General Electric Co (GE.N) said on Monday it was planning to cut the global workforce of its aviation unit this year by as much as 25%, or up to 13,000 jobs, including both voluntary and involuntary layoffs, citing prolonged aircraft reduction schedules caused by the coronavirus pandemic.

The job cuts are the latest mounting woes for the aviation sector that are now expected to last into 2021 as U.S. passenger air travel demand

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