Asia-Pacific Aerospace Briefs Today
November 25th 2024
Today's briefs report news from Air India, Airports of Thailand, Bengaluru Airport, China Aircraft Leasing Group Holdings, FTAI Aviation, King Power Suvarnabhumi Company, Malaysia Airports, oneworld and Sydney Airport. Read More »
Air India is establishing a Basic Maintenance Training Organization with Bengaluru Airport with the shop scheduled for completion in mid-2026. It will be built close to the Air India MRO complex now under construction adjacent to the airport.
Airports of Thailand (AOT) has reached an agreement with King Power Suvarnabhumi Company (KPS) to change the concession contract between the two parties due construction work at Bangkok Suvarnabhumi Airport. The AOT said its East Expansion Terminal project required it to reclaim certain commercial areas from KPS.
China Aircraft Leasing Group Holdings will sell one A321, one A319 and four 737-700s to FTAI Aviation with the deal expected to be completed by March next year.
The oneworld airline alliance has launched its first marketing campaign in five years to mark its 25th anniversary and highlight the benefits of the frequent flyer programs offered by its member airlines.
Malaysia Airports has completed a 1.6 billion ringgit (US$358 million) capital raising through the issuance of Sukuk bonds. The triple tranche of bond issuance of 400 million ringgit of five year bonds, 600 million ringgit of seven year bonds and 600 million ringgit of 10 year bonds, was 3.6 times oversubscribed.
Sydney Airport will spend A$200 million (US$130 million) renovating its Terminal 2 including a new layout, more self-service kiosks and the latest security technology. The changes at Australia’s busiest domestic terminal are designed to process passengers to airside less than 15 minutes after arriving at the airport.
