By Dominic Lalk
The action was back in Asia-Pacific aviation this week. In Vietnam, VietJet Air – which now accounts for 50% of the country’s domestic traffic – has asked the government to ease restrictions on foreign ownership in airlines as it seeks a more diversified investor portfolio and greater liquidity.
Airbus secured a landmark order for 20 A350-900s from Asia’s largest carrier, China Southern Airlines, raising the Mainland A350 order tally to 50 aircraft.
In South Korea, Asiana Airlines took delivery of its first of 30 on-order A350s this week, ready to deploy the XWB to San Francisco and London.
In Taiwan, defunct TransAsia Airways has found a buyer for its A330 and A321 fleets, while in Shanghai, Juneyao Airlines posted robust first-quarter figures as it prepares to officially become Star Alliance’s first ‘connecting partner’ in May.
VietJet advocates FDI cap increase, posts 44% revenue growth in Q1 Read More »