Asia-Pacific Aerospace Briefs Today
March 17th 2025
Today’s briefs report news from Air Astana Group, China Aircraft Leasing Group Holdings, Hong Kong Tourism Board, Malaysia Airlines, Sabre, SATS and Vietnam Airlines. Read More »
Air Astana Group, parent of Air Astana and FlyArystan, has recorded an annual profit decline of 23.2%, to US$52.8 million, in full-year 2024 from US$68.7 million a year earlier. Revenue increased 11.5%, to US$1.3 billion, Air Astana Group said. “While cost inflation and supply chain disruption across the wider industry are likely to remain for some time, we are among the best placed in the industry due to our low unit costs, high operating margins and dynamic approach to fleet management,” Air Astana Group CEO, Peter Foster, said.
China Aircraft Leasing Group Holdings has agreed a sale of six lease-attached aircraft - two A320neos and four A321neos - to Dubai Aerospace Enterprise.
Hong Kong Tourism Board and Malaysia Aviation Group (MAG) carrier, Malaysia Airlines, have signed a fresh marketing agreement to encourage more travellers to visit the city. “We are pleased to continue our partnership with the Hong Kong Tourism Board to offer Hong Kong as a pivotal destination within the MAG network and strengthen our position as the gateway to Asia and beyond,” MAG chief commercial officer of airlines, Dersenish Aresandiran, said.
Vietnam Airlines has selected Sabre to supply network planning and optimization products - Fleet Manager, Profit Manager and Network Manager - to “pinpoint profitable routes, create optimized schedules and stay agile in a dynamic environment”, the airline’s director of corporate planning and development, Nguyen Quang Trung, said. The SkyTeam alliance member also has signed a Memorandum of Understanding with SATS to build and operate an air cargo terminal at the Vietnam’s new Long Thanh International Airport and collaborate on strategic initiatives.
