Indonesia AirAsia will completely suspend all scheduled flights for one month from 6 July, in line with the government's emergency community activity restrictions. The suspension will cover Indonesia AirAsia's domestic and international routes from 6 July-6 August, the carrier says in a 3 July statement. The airline's charter and cargo flights to support repatriation missions, delivery of goods and other essential interests will continue with strict health and safety protocols. "We will continue to evaluate the development of the situation and are ready to re-open our scheduled flight services at any time if the situation improves," it adds.

Air New Zealand carried 844,000 passengers in May, a noteworthy progress from 67,000 passengers in May 2020, when the country was under strict lockdown due to the Covid-19 pandemic. The carrier boosted capacity, as measured in available seat-kilometres, by 377% year on year, while revenue passenger-kilometres increased by 749%, it says in a 1 July filing to New Zealand's Exchange. Passenger load factor gained nearly 27 percentage points to 61%. On domestic routes, the airline carried 739,000 passengers as compared to 59,000 passengers in the year-ago period, whereas figures on Tasman/Pacific routes increased to 101,000 from 5,000 in the year-ago period. The airline says it increased domestic capacity by 653% year-on-year, while revenue-passenger-kilometres gained 1,155%. On Tasman/Pacific routes, capacity increased 849% while revenue passenger-kilometres rose 2,440%. Passenger load factor on domestic routes advanced almost 33 percentage points to about 82%, while the load factor on Tasman/Pacific routes improved over 34 percentage points to 55%. The number of passengers on long-haul routes fell by 8% year-on-year to 4,000 and passenger load factor slid nearly 11 percentage points to nearly 22%. In its last trading update dated 18 June, Air New Zealand says its domestic capacity stood at about 90% of pre-Covid levels, while corporate demand averaged about 80% of historical levels for the previous three months. Passenger volume on international long-haul routes, however, remain at less than 5% of pre-Covid levels.

Indian budget carrier SpiceJet's board of directors has endorsed proposal to seek shareholder approval to raise fresh capital of up to Rs25 billion ($335 million) through the issue of eligible securities to qualified institutional buyers. The authorisation is valid for a year, the carrier says in a 30 June statement to the Bombay Stock Exchange. Chairman and managing director Ajay Singh states: "The intensity with which the second wave of Covid-19 struck and the unimaginable devastation it has caused, both for the already battered travel industry and generally, will take time to heal. To ensure our long term growth and sustainable operation we have decided to raise funds of up to Rs25 billion. These funds will be used to significantly strengthen our balance sheet." The qualified institutions placement (QIP) is a common way for listed Indian companies to raise money by issuing securities. In the statement, the carrier says its income fell 28% year-on-year to Rs22 billion for the fourth quarter ended 31 March. Revenue from operations was at Rs18.2 billion, as compared to Rs28 billion during the same period 2020. Revenue from air transport services fell to nearly Rs15 billion from nearly Rs28 billion, while revenue from cargo operations increased to Rs4.2 billion as compared to Rs678 million. The airline's loss narrowed to Rs2.4 billion from about Rp8 billion. Total expenses declined to about Rs24 billion versus nearly Rs39 billion, the airline says. Income declined to Rs61 billion in the year ended 31 March versus more than Rs132 billon in the previous year. The carrier's annual loss slightly widened to about Rs10 billion, from Rs9.4 billion. Total expenses declined to Rs71.2 billion from Rs141.4 billion. At the end of the financial year, SpiceJet had cash and cash equivalents of Rs296 million versus Rs282 billion, it says. In terms of operational parameters, SpiceJet says it had the best passenger load factor amongst all airlines in the country, with a 77% average domestic load factor for the quarter and 76% for the financial year 2021. SpiceJet's 13 Boeing 737 Max jets continue to be grounded, the airline says. Singh says that the carrier's cargo arm was exceptionally active and has performed extremely well transporting supplies all across the globe. In order to provide greater focus to cargo business and raise additional capital, Singh says the airline will "hive-off" the cargo business to operate as a separate entity. "With vaccination touching record numbers and travel demand slowly picking up, we hope that the worst is behind us but we remain extremely cautious about the future. While there is still much work and recovery to be done we have managed to reduce our net loss in Q4 through re-structuring of our contracts which will have a significant positive impact in the long term," Singh says.