Orient Aviation September 2017
SEASONED LCC WARRIOR
Andrew Cowen has had lead roles in seven budget carrier start-ups. His experience shows in the winning formula of four-year-old HK Express
• Gulf carriers ride roughshod over Srilankan Airlines
• Too many fingers in region’s leasing pie?
• One plane Longjiang Airlines to become global carrier by 2021
Cover Story
You would think that an airline boss trying to grow his business at an airport and in a region clogged by congestion and slot shortages would be pulling his hair out, but Andrew Cowen, the CEO of Hong Kong-headquartered budget carrier, HK Express, is far from fazed by the situation. Read More »
Main Story
Too many fingers in the leasing pie?
A decade ago, Chinese aircraft lessors owned 22 of China’s 430 leased aircraft. In January this year, Mainland controlled lessors had a portfolio of 583 airplanes in a leased fleet of 1,235 China-based aircraft. Read More »
Air Cargo
Asia-Pacific air cargo drought finally breaks
There have been signs since last year that air freight has been slowly and steadily recovering and now statistics are available to back up the anecdotal trend. Read More »
News Backgrounder
Etihad board aborts loss-making strategy
It’s not the best of times for Abu Dhabi’s Etihad Airways and its parent, the Etihad Aviation Group. In late July, the airline reported a massive $1.87 billion net loss for 2016. Read More »
News Backgrounder
New Harbin carrier strikes out for the world
Longjiang Airlines’ (LJ Airlines) sole airline route is a daily 2,900 kms Harbin-Hefei-Zhuhai A321 triangular service commenced after receiving its air operator’s certificate (AOC) from the Civil Aviation Administration of China (CAAC) in February. Read More »
News Backgrounder
Mainland airline juggernaut powers across the globe
Recent equity links between U.S. and Chinese airlines may speed up moves to seal a long-awaited new Open Skies agreement between the two nations. Read More »
News Backgrounder
Going nowhere on the capacity treadmill
SriLankan Airlines CEO, Captain Suren Ratwatte says there is only one word to describe the Gulf carriers’ collective capacity attack on his home market - “ridiculous”. Read More »
News Backgrounder
MAB boss forecasts a golden decade for airlines
A “Golden Decade” is ahead for airlines, the group managing director of Malaysia Airlines, Peter Bellew, predicted at Sydney conference last month and added the cost of fuel will be even lower than it is today. Read More »
Industry Addendum
Airbus names China innovation centre boss
Airbus has appointed Luo Gang as CEO of its planned innovation centre in China, but said it would not announce the location of its research and development facility until later in the year. Read More »
Industry Addendum
Spairliners joint venture appoints new sales boss
Spairliners, which provides aircraft component care packages for the A380 and Embraer E-Jet family, recently named Cornelius Dalm to succeed Fabrice Dumas as head of sales and marketing at the AFI KLM E&M/Lufthansa Technik joint venture. Read More »
Industry Addendum
Honeywell joins with ARI to advance aircraft solutions
Honeywell Aerospace’s wholly owned subsidiary, China Aircraft Disassembly Centre (Hong Kong) Ltd and Aircraft Recycling International (ARI) have signed a Memorandum of Understanding to investigate co-expansion of aircraft maintenance and dismantling at ARI’s China Aircraft Disassembly Centre (CADC) in Harbin, northern China. Read More »
Industry Addendum
Boeing to establish in-house avionics division
Boeing will build and operate its own Boeing Avionics Unit that will expand the company’s portfolio into the equipping of commercial and military jets. Read More »
Industry Addendum
Boeing and GAMECO sign agreements with Hong Kong research centre
The Aviation Services Research Centre (ASRC) at Hong Kong Polytechnic University has signed a Letter of Intent with Guangzhou Aircraft Maintenance Engineering Company Ltd (GAMECO) to join the ASRC. Read More »
Industry Addendum: Training
Singapore Airlines and CAE set up Singapore training joint venture
Singapore Airlines (SIA) and flight training specialist, CAE, signed a Memorandum of Understanding (MoU) in August to establish a joint venture pilot training facility in Singapore. Read More »
Industry Addendum: Training
FlightSafety International announces introductory course for aspiring pilots
International aviation training company and supplier of full flight simulators, New York headquartered FlightSafety International, last month announced its new Integrated Growth and Achievement Preparation Program that is open to all students, both domestically and internationally, who entering the company’s academy in Florida. Read More »
Industry Addendum: Briefly...
AAR, a global aftermarket solutions company that employs 5,000 people worldwide, has opened a supply chain hub in Shanghai. Read More »
Addendum
Japan Airlines-Vietjet code share disappoints analysts
In an eyebrow raising development in late July, youthful low-cost carrier, VietJet Airlines, and venerable veteran, full service carrier, Japan Airlines (JAL) announced their intention to form a code share union. Read More »
Addendum
Install onboard WiFi or fade away warns Inmarsat
Two out of three airline passengers in the Asia-Pacific regard inflight WiFi as a necessity when they travel and rated it more highly than onboard inflight entertainment, a new Inmarsat survey has revealed. Read More »
Addendum
Air New Zealand and Qantas keep their shareholders happy
Qantas Airways continued to strengthen its balance sheet with the announcement that its latest full-year underlying profit was $1.4 billion (US$1.1 billion), its second best result in its 97-year history. Read More »
Addendum
Korea Development Bank sells off Asiana shares
Korea Development Bank (KDB) last month sold its 5.94% investment in South Korea’s second largest carrier, Asiana Airlines, a sale that prompted speculation the buyer was the HNA Group. Read More »
Comment
Growth of the commercial aircraft leasing sector in China has mirrored the country’s spectacular economic development. No wonder, given forecasts that China will require close to 7,000 new aircraft in the next two decades. Read More »