Asia-Pacific (APAC) News

Asia-Pacific (APAC)

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Reliance denies seeking to block Starlink as its own satellite venture awaits clearance

Reliance Industries pushed back against suggestions that it is trying to keep Elon Musk’s Starlink out of India, saying its satellite venture is itself still awaiting regulatory clearances. The dispute highlights a market-access and licensing question as Starlink’s India plans face scrutiny alongside a local incumbent’s ambitions.

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China Express Airlines’ controlling shareholder pledges 24.4 million shares

China Express Airlines Holdings, the carrier’s controlling shareholder, pledged 24,390,247 shares to Huaneng Guicheng Trust on Oct. 13, 2026, to finance equity investments. The transaction puts a block of the airline’s shares behind the shareholder’s investment financing, though the report does not specify the pledge’s value or other terms.

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Cathay Pacific weighs order for up to 50 additional widebodies

Cathay Pacific plans to seek up to 50 more widebody aircraft from Airbus and Boeing to complete its long-term growth plans, according to people familiar with the matter. The potential purchase would extend the Hong Kong carrier’s fleet expansion, which has also been reported to include a broader push toward about 300 aircraft by 2033.

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