Short Takes
December 1st 2013
CODESHARES: Cathay Pacific Airways and Air Seychelles have signed a code share agreement that will commence this month, offering a three times a week service between Hong Kong and the Seychelles. Read More » Air Seychelles will also codeshare on Cathay Pacific routes from Hong Kong to Seoul, Melbourne, Perth and Perth-Johannesburg.
MRO: Canadian-headquartered Vector Aerospace has broken ground on a US$50 million facility in the Seletar Aerospace Park, Singapore, which will offer MRO services to operators of PW150A engines and Bombardier Q400s.
LCCs: Jetstar Japan majority owners, Japan Airlines and the Qantas Group, have injected an additional US$111 million into the joint venture LCC, increasing their holdings in the carrier to 45.7% and 41.7% respectively. Minority investors, Mitsubishi Corp. and Century Tokyo Leasing, each had their equity reduced from 8.3% to 4.3%, respectively. Juneyao Airlines, based in Shanghai, has applied to Beijing’s aviation regulator to set up a low-cost carrier, Jiuyuan Airlines, in Guangzhou, intended to capture the surging market for affordable travel in southern China’s Pearl River Delta.
ROUTES: Air China is now flying twice a week between Beijing and Siem Reap and will expand to a four times a week schedule in January. New long-haul operator, Sichuan Airlines, will add a twice-a-week Chongqing-Sydney service to its Chongqing-Melbourne schedule.
