The governments of Singapore and South Korea have signed an expanded air services agreement that allows airlines from both countries to operate an unrestricted number of passenger and cargo flights between the two nations.

Asian airlines are taking a cautious approach to planning for 2020 as pressure on earnings increases, according to the region’s major industry group.

Volotea, the Barcelona-based carrier that specializes in linking secondary and tertiary European cities, is considering adding routes to North African cities in the wake of Aigle Azur’s demise, Volotea founder and CEO Carlos Munoz said.

In 2020 Icelandair will rationalize its network, which has been disrupted by the grounding of its Boeing 737 MAXs and evaluate replacements for looming gaps in its fleet.

SF Airlines, the air freight arm of China’s largest courier company, plans to raise CNY5.8 billion ($825 million) with a corporate bond sale for the acquisition of new aircraft and logistics technology.

Italian infrastructure group Atlantia said conditions for it to join the planned rescue of Alitalia have not yet been met, adding further doubt to plans for the bankrupt carrier’s future as the latest deadline for the presentation of a formal business plan approaches.

Canada’s second largest airline WestJet is not yet ready to announce flights to Asia after concluding excess capacity remains an overhang in the market.

Norwegian Air Shuttle has appointed Jacob Schram as its new CEO, filling the gap left when co-founder and long-standing CEO Bjorn Kjos left the low-cost airline in July.