Asia-Pacific Aerospace Briefs Today
July 1st 2024
Today's briefs report news from AJet, China Aircraft Leasing Group Holdings, FedEx Corp, Malaysia Aviation Group, Taiping & Sinopec Financial Leasing Co, Tasman Cargo Airlines and Travelport. Read More »
China Aircraft Leasing Group Holdings has agreed to sell an A321 to Taiping & Sinopec Financial Leasing Co. with the transaction expected to be completed in September.
FedEx Corp has reported a net profit of US$4.3 billion for the 12 months to May 31, down 3.3% from US$4.5 billion in the previous 12 months. Revenue was flat at US$87.7 billion, FedEx said in a regulatory filing. “We made significant progress in fiscal 2024 and ended the year strongly, delivering four consecutive quarters of expanding operating income and margin in a challenging revenue environment,” FedEx CEO, Raj Subramaniam, said.
Malaysia Aviation Group's pilgrimage flights arm, AMAL, has scheduled 55 flights with A330-300s from Saudia Arabia to bring up to 15,800 religious pilgrims back to Malaysia and onward to other countries following this year's Hajj season. The flights from Jeddah and Madinah commenced on June 25 and are scheduled to conclude by July 20.
An application from Tasman Cargo Airlines' (TCA) to operate a sixth weekly freighter service between Sydney and Hong Kong has been approved by Australia's International Air Services Commission (IASC). The cargo carrier received traffic rights for five flights a week from the IASC in September last year.
Turkish Airlines LCC unit, AJet, has selected Travelport to deliver its products to travel agencies.
