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AUGUST 2022

Week 34

Asia-Pacific Aerospace Briefs Today

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August 25th 2022

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Today's briefs report news from Brisbane Airport, Cathay Pacific Cargo, China Aircraft Leasing Group and GE Aviation Systems Australia. Read More »

Cathay Pacific Cargo has launched a carbon offset program for customers. It calculates the carbon emissions of their shipments and facilittes purchase of carbon offsets. The Fly Greener program will be integrated into Cathay Pacific Cargo’s digital booking and confirmation solution, Click & Ship, offering customers the option to add offsets directly to their bookings.

China Aircraft Leasing Group Holdings has reported a net loss of HK$130.2 million (US$16.6 million) for the six months to June 30, compared with net profit of HK$302.6 million in the same months in 2021. Revenue rose 19.3% to HK$1.9 billion, the company said in a regulatory filing to the Stock Exchange of Hong Kong. The results were impacted by one-off write downs due to Russia's invasion of Ukraine, the lessor said.

GE Aviation Systems Australia has unveiled its new facility at Brisbane Airport. It will be the company's largest MRO component centre in Asia-Pacific; specialising in maintenance services for commercial and military aircraft components.

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