Orient Aviation February 2017
UPPING AVIATION’S ANTE
IATA director general and CEO, Alexandre de Juniac, targets heads of state in his lobbying campaign
• Malaysia Airlines plans 2019 IPO
• Rolls-Royce bribery scandal centres on Asia
• HNA Group buys into "Trump Corp."
• Industry insight: India's airline growth explosion
Cover Story
International Air Transport Association (IATA) boss, Alexandre de Juniac, belies appearances. Chatting with Orient Aviation in his office overlooking Geneva International Airport’s runway in December he appeared to be the epitome of patrician authority. Read More »
Lunch with Orient Aviation
Malaysia Airlines Berhad CEO and group managing director, Peter Bellew, told the 130 guests at the third Lunch with Orient Aviation in Hong Kong that the airline’s path to profit was on track and that it planned to launch an initial public offering in early 2019. Read More »
Main Story
Ending the profit roller coaster?
Airlines worldwide reached a cyclical peak in 2016 when they collectively reported profits of $35.6 billion for the 12-month period, the International Air Transport Association (IATA) said in December. Read More »
Industry Insight Special Report
India’s airlines, shackled for years by high charges, double taxes at both national and provincial levels and high domestic fuel duties finally could be cut free from India’s past punitive civil aviation policies. Read More »
News Backgrounder
Asia-Pacific rocked by Rolls-Royce bribery scandal
The news last month that global engine manufacturer, Rolls-Royce had admitted to bribing clients to secure orders, allegedly in Thailand, India, Indonesia, Malaysia and China among other countries worldwide, has sent shock waves through the region’s airline industry. Read More »
News Backgrounder
HNA romances “Trump Corp” as shopping spree accelerates
There is no end to HNA Group’s desire for global assets despite reported gearing of close to 150% and borrowing costs estimated at an annual eight per cent a year. Read More »
News Backgrounder
Governments neglecting responsibilities to airline passengers
The world’s airlines want nations to adopt a tougher global punishment protocol to curtail a rise in unruly passenger incidents. Read More »
News Backgrounder
TransAsia collapse resets aviation in turbulent Taiwan
In the week leading to the Chinese Lunar New Year last month, Taiwan’s Civil Aeronautics Administration (CAA) reassigned routes operated by defunct TransAsia Airways to its former rivals. Read More »
News Backgrounder
Asia-Pacific air freight spike spurs hopes of recovery
After years of depressed demand, cargo volumes at Asia-Pacific airlines have returned to levels last achieved in the post-global financial crisis bounce-back of 2010, the International Air Transport Association reported last month. Read More »
Training
IATA introduces virtual reality to MRO training
It is a major breakthrough in ground staff training and Orient Aviation experienced it first hand in Geneva recently. Read More »
Addendum
Etihad Aviation Group’s James Hogan moves on to finance
Etihad Aviation Group president and CEO, James Hogan, has announced he will leave the Abu Dhabi-headquartered airline and travel group for the investment world, along with the group’s CFO, James Rigney. Read More »
Industry Addendum
French engine maker buys troubled Zodiac
In January, Philippe Petitcolin, the 64-year-old CEO of French aircraft engine manufacturer, Safran SA, signed off on a Euros 8.5 billion (US$9.125 billion) deal for French aircraft cabin manufacturer, Zodiac Aerospace SA, creating in the process Europe’s largest aerospace supplier. Read More »
Comment
Historically, when the global economy collapsed, airline profitability followed suit. As a result, again historically, airlines often have had to sell their product, the airline seat, at a loss. Read More »