Overview
It’s been a fantastic week for aviation in Australia and New Zealand as Qantas Airways and Air New Zealand reported record profits for the full-year ended June 30, pleasing shareholders and paving the way for expansion. In Tokyo, All Nippon Airways (ANA) was happy to receive its 50th B787, saying the Dreamliner produced unprecedented savings for the carrier. In China, passenger numbers grew 11% in the first half of this year and flight delays decreased. In Belgium, a new long-haul low-cost carrier is being formed to go head-to-head with the Lufthansa Group on routes to Asia, particularly Mainland China.
Profit bonanza Down Under Read More »
Airlines
ANA takes delivery of 50th B787, tweaks winter schedule
Japan’s All Nippon Airways (ANA), Boeing's first and largest customer for the B787 Dreamliner, said last Wednesday it was reaping huge savings from operating the aircraft after overcoming early technical and operational issues. Read More »
Airlines
Hunan to launch Zhongnan Airlines, CEA and BA sign codeshare deal
Hunan Airport Management Group, the state-controlled firm that oversees operations at the province’s airports, has unveiled plans to launch Zhongnan Airlines (Central South Airlines), a carrier based in Changsha, the capital of Hunan province. Read More »
Airlines
Mainland first half passenger numbers up 11%
The Civil Aviation Administration of China (CAAC) on Monday released its first-half traffic data. The Mainland regulator said passenger numbers for the six months to June 30 grew 10.8% year-on-year, to 232.3 million. Read More »
Airlines
Cathay Pacific Airways to raise $2 billion and to buy five used 777s
Hong Kong’s Cathay Pacific Airways has applied to raise $2 billion in medium-term debt, the carrier said in a note to the Hong Kong Stock Exchange on Tuesday. Read More »
Airlines
Qatar receives LATAM approval for a buy-in, SAUDIA takes delivery of first A330 Regional
LATAM Airlines Group has approved Qatar Airways to acquire a 10% stake in the aviation consortium for $613.2 million. The Doha-based carrier will purchase 61,316,424 new shares of common LATAM stock for $10 a share. Read More »
Airlines
Air India makes full-year operating profit and Jet Airways again defers B787s
Indian flag carrier Air India has produced an operating profit of approximately 100 crore rupees ($14.9 million) in financial year 2015-16, benefitting from the low fuel price environment and improved passenger boardings. Read More »
Airlines
Air Belgium to focus on Asia, particularly China
Belgium will soon have a second passenger airline, following Lufthansa Group-controlled Brussels Airlines. Read More »
Manufacturers
Report: Boeing has reduced internal sales forecast
Chicago-headquartered manufacturer Boeing aims to sell 535 aircraft this year, well below its official forecast of 740-745 aircraft, Aviation Week reported on Monday, citing an internal company forecast. Read More »
Training
Cathay Pacific Airways has signed a contract with training company, CPaT Global, based in Houston, Texas, to provide tailored, distance learning computer-based training solutions for its pilots. Read More »
People
Chinese lessor appoints disassembly chief
Aircraft Recycling International Limited (ARI), a China Aircraft Leasing Group Holdings Limited (CALC) company, has appointed Alistair Dibisceglia as senior vice-president of its technical division. Read More »
Short Takes
Airlines: AirAsia X has reported a second-quarter net profit of just over one million ringgit ($248,000), reversing a 133 million ringgit loss in the year-ago quarter. Read More »
