By Dominic Lalk
Asia-Pacific aviation is looking at an uncertain 2017. The year has kicked off with a scandal. At press time, former president and CEO of Garuda Indonesia, Emirsyah Satar, was named in a multinational bribery scandal involving Rolls-Royce. Until now, Satar is the only executive to be identified, but more airline employees are likely to emerge after the British engine maker admitted to paying bribes to middlemen to secure orders in China, India, Indonesia, Nigeria, Russia and Thailand.
Earlier in the week, in Hong Kong, Malaysia Airlines CEO, Peter Bellew, told industry leaders at a Lunch with Orient Aviation that the worst was over for his airline, but he warned the industry was looking at a ‘scary year ahead’. This was mirrored by Cathay Pacific Airways, which on Wednesday said it has launched the most comprehensive business review in 20 years to counter mounting competition, dwindling yields and changing passenger behaviour.
In Taiwan, Delta Air Lines told travel agents it would terminate its daily flights to Taipei from May, following its withdrawal from Bangkok, Manila and Osaka last year. The news was better in China. Airbus China said it aimed to deliver the first A330 from its Tianjin plant in September, while Mainland carriers are busy preparing their latest route attacks to the U.S. In India and the Middle East, low-cost operators placed significant Airbus and Boeing single-aisle orders.
Peter Bellew: MAB on track to profitability in challenging year Read More »