Overview
It has been a slower than expected week in Asia Pacific aviation as the 2015 Dubai Airshow ended without a repeat of the order bonanza the industry witnessed in 2013. Although Turkish Airlines, SAUDIA and Royal Air Maroc said they were interested, there were no orders for the A380 in Dubai, leaving Airbus chief operating officer customers, John Leahy, with just seven weeks to make good on his promise of finding another A380 operator by year-end. In Asia, Thai Airways International (THAI) is set to report its largest loss in history, while Singapore Airlines has boosted its global partnerships with the signing of a joint venture deal with Germany’s Lufthansa and an announcement that Dusseldorf will be added to its network.
Orders dried up at 2015 Dubai Airshow Read More »
Airline News
THAI facing biggest loss in history as management salaries are cut
A source at Thai Airways International (THAI) has told the Bangkok Post the carrier expected to post at least 11 billion baht in losses for the third quarter and also predicted losses for the financial year ending December 30 would be the largest in the flag carrier’s 56-year history. Read More »
Airline News
Vanilla and Spring Japan expand as $18 billion deal to run Osaka’s Kansai completed
Narita-based low-cost carrier, Vanilla Air, is considering the introduction of wide body aircraft as one of two options for its long-term expansion. According to consultancy CAPA, the LCC's strategy hinges on growth in the lucrative Southeast Asian market. Read More »
Airline News
The wheels keep turning in Indonesian aviation as the archipelago’s Ministry of Transport announced more restrictions on locally-registered aircraft. Read More »
Airline News
Agreement on satellite aircraft tracking ‘close’; searchers close in on MH370
Countries are nearing agreement on using satellites to track flights as they strive to prevent the repetition of the unsolved disappearance of MH370 in March last year, according to a high-level U.S. official. Read More »
Airline News
On Wednesday, Singapore Airlines (SIA) and Lufthansa German Airlines agreed they will operate flights between Singapore, Frankfurt, Munich and Zurich under a revenue-sharing agreement. Read More »
Airline News
Former China Aircraft Leasing boss resurfaces in connection with China Southern graft probe
Former China Aircraft Leasing (CALC) chief, Mike Poon Ho-man, 42, visited CALC’s local office in Hong Kong last week after going missing for six months, the South China Morning Post (SCMP) has reported. Read More »
Airline News
Etihad-Mubadala sign $1billion MRO deal with others to follow
Mubadala, the Abu Dhabi-based investment and development company, and Etihad Airways have signed a Memorandum of Understanding (MoU) that will allow the firms to explore new areas of cooperation. Read More »
Airline News
Jeju builds second airport as Jeju Air soars in trading debut
South Korea’s Ministry of Land, Infrastructure and Transport (MLIT) on Tuesday announced it would build a new $3.54 billion airport on Jeju Island, with completion scheduled by 2025. Read More »
Airline News
Ethiopian China-bound, to order more A350s
"Asia and particularly China is our focus. This is our biggest market," Ethiopian Airlines chief, Tewolde Gebremariam, has told AFP, who said the carrier planned to add Chengdu, Ho Chi Minh, Jakarta and Singapore to its network next year. Read More »
Short Takes
AIRLINES: Air China and China Eastern Airlines have received the "Flight Safety Diamond Award" from the Civil Aviation Administration of China (CAAC) for their good track records. Read More »
