China Eastern Airlines narrowed its operating loss to CNY1.9 billion ($263 million) in the year ended 31 December, compared with a CNY31.6 billion loss in the prior year. Revenue more than doubled to CNY114 billion from CNY46.3 billion in 2022, the Shanghai-based carrier says in a disclosure to the Hong Kong Stock Exchange. Passenger revenue amounted to about CNY105 billion, up nearly 199% year on year, while cargo and mail traffic revenue dropped 53% to CNY3.6 billion. The group's total operating expenses increased to CNY121 billion from CNY81.5 billion in the previous year. China Eastern posted a net loss of CNY8.6 billion, reducing it from a loss of CNY39.9 billion. The airline carried about 116 million passengers in 2023, up 172% year on year. Capacity, as measured in available seat-kilometres, was up 155% while RPKs grew 197%, resulting in a load factor of 74.4% versus 64% in 2022. China Eastern ended the year with CNY11.7 billion in cash and cash equivalents. In 2023, the group introduced 22 aircraft and retired 15 aircraft. As at 31 December, it operated a fleet of 782 aircraft.

Turkish Airlines has resumed the operation of flights between Istanbul and Libyan capital Tripoli. Flights on the route will be operated thrice weekly, the carrier says. Turkish Airlines has not operated an Istanbul-Tripoli route since July 2014, Cirium schedules data shows. The carrier's network includes 62 destinations in Africa.

Cathay Pacific Airways has recruited Jason Chan to its aircraft procurement and trading team, his LinkedIn profile indicates. In the course of his career, Chan has moved back and forth between Dublin and Hong Kong. Before joining Cathay, he was a fleet strategy specialist for Aer Lingus in the Irish capital. For his new role at Cathay he returns to Hong Kong, where he had worked for ABL Aviation as a credit-risk analyst between April 2021 and August 2021. Between June 2019 and June 2020 he was a portfolio strategist with GECAS in Dublin.