Overview
AirAsia black box found
The search and rescue operation for AirAsia QZ8501 dominated Asia-Pacific commercial news in the last week culminating in the announcement, at press time, that searchers had located the black box in the Java Sea.
The good news came at a time when calls from the global aviation industry to introduce standardised automatic live data streaming are intensifying. Read More »
Airline News
Anti-corruption drive snares China Southern CFO, COO
China’s Central Commission for Discipline Inspection (CCDI), the Chinese Communist Party’s anti-graft watchdog, said it will continue its investigation into business practices at the country’s state-owned airlines following last week’s resignation of six top executives at Guangzhou-based China Southern Airlines – the world’s largest carrier by fleet size and passengers carried.Read More »
Airline News
Air China commits to 60 B737s, unveils 2015 long-haul plans
Beijing-based Air China has signed an agreement with Boeing to purchase 60 B737s, including B737NG and B737 MAX aircraft, subject to government approval. Read More »
Airline News
Garuda Indonesia plans to decrease its overseas flight frequencies and trim the number of business class seats on its aircraft to cut is operating costs following US$206.4 million in comprehensive losses during the first nine months of 2014. Read More »
Airline News
Chaebol model under scrutiny following Korean Air ‘nut rage’
South Korean prosecutors last week charged Heather Cho Hyun-Ah, the daughter of Korean Air chairman, Yang Ho Cho, for violating aviation security law when she delayed a New York – Seoul flight last month following an abusive outburst over the way she was served nuts by a cabin attendant. Read More »
Airline News
Al Baker on bedrooms, the A350, eyeliner and lipstick
At last week’s formal receiving ceremonies for the Airbus A350 in Doha, Qatar Airways chief, Akbar Al Baker, was in buoyant form. Read More »
Airline News
Etihad receives A380, B787, plagued by ‘fog delays’
Spirits were high at Etihad in Abu Dhabi as it officially welcomed two new flagship aircraft to its fleet, the A380 and the B787-9. Read More »
Financial Round Up
Vietnam Airlines reports profit for 2014
Vietnam Airlines announced a gross profit of 647 billion dong ($30.3 million) for the 12 months to December 31, 2014, up 28% from a year earlier, the Saigon Giai Phong newspaper reported, quoting a company statement. Read More »
People
Christoph Mueller on way to MAS
Irish flag carrier Aer Lingus has confirmed that its chief executive officer (CEO), Christoph Mueller, will step down February 28, accelerating the end of his original contract that had him committed until May 1. Read More »
People
ATR appoints new SVP Procurement
David Brigante, 54, has been appointed as Senior Vice-President of the new Procurement directorate of ATR. Read More »
Short Takes
CARGO: The cargo market grew 4.2% year-on-year in November according to IATA’s November Air Freight Market Analysis. Read More »
