Tag: Asia

New South Korean Carrier KAIR Airlines Orders Eight A320s

South Korean start-up carrier KAIR Airlines has announced that it has selected the A320 Family to launch its new low cost operation, with a firm order for eight A320ceo. The new airline will be based in Cheongju in central South Korea and will focus primarily on services to international destinations in North East Asia. “We […]

Jump in Asian Air Travel Challenges Air Freight Divisions

Air freight divisions at Asian airlines are trapped in an impossible situation: strong passenger demand continues to inject more aircraft into service, ramping up belly cargo capacity that is difficult to fill. Large populations with rising household incomes in China, India, and many Southeast Asian countries are the driving force behind rapid passenger traffic growth […]

COMAC Plans 1Q Maiden Flight for C919

China’s Commercial Aircraft Corp. (COMAC) is planning a 2017 first quarter inaugural flight for the C919 narrowbody, although no more specific date has been given. The 158-seat airliner has seen several delays. The original schedule would have seen the aircraft make its maiden flight in 2014 followed by delivery to Chengdu Airlines. But program delays […]

Qatar Airways Builds Stake in LATAM Airlines

Qatar Airways has taken a ten per cent stake in LATAM Airlines through subsidiary Qatar Airways Investments (UK). Both carriers are members of the oneworld alliance. The pre-emptive rights offering of 61,316,424 new shares, at a price per share of US$10, ended on December 23rd, in which Qatar subscribed shares of LATAM through its wholly-owned. […]

AirAsia to Fly to US Next Year

Next year, everybody can fly to the United States – at a cheaper price. Ambitious AirAsia Bhd plans to fly to several destinations in the US, starting with Hawaii in the first half of 2017. Its AirAsia X is also considering near-term plane additions to speed up the resumption of European flights, according to a […]

China Will Need Almost 6,000 New Aircraft in the Next 20 Years

Airbus forecasts that China will need nearly 6,000 new passenger aircraft and freighters from 2016 to 2035, with a total market value of US$ 945 billion. It represents 18 per cent of the world total demand for over 33,000 new aircraft in the next 20 years. According to Airbus’ 2016-2035 Global Market Forecast, new deliveries […]

Delta, Virgin Atlantic, Jet Airways Expand Cooperation With India

Delta and Virgin Atlantic announced expanded cooperation with Jet Airways to provide convenient codeshare connections for customers between key destinations across North America and India via London Heathrow. Effective Nov. 2, Jet Airways customers flying between India and North America will be able to connect through London Heathrow on to nine U.S. destinations operated by […]

BOC Aviation Closes US$1.5 Billion Syndicated Revolving Credit Facility

BOC Aviation Limited (“BOC Aviation” or “the Company”) is pleased to announce that it has closed a US$1.5 billion unsecured syndicated revolving credit facility (the “Facility”), increased from an initial launch size of US$1 billion. The Facility is comprised of two US$750 million tranches with tenors of three years and five years, respectively. The Facility […]

Bombardier C Series Aircraft Makes Its China Debut

Bombardier Commercial Aircraft announced that its CS300 jetliner, the second CS300 flight test vehicle, has arrived in Zhuhai, China. The visit is the debut of the C Series aircraft in China and the jetliner, which is showcasing the logo of CS300 first operator airBaltic, will be on static display at the China International Aviation & […]

China Fully Opens Civilian Airport Market to Private Capital

Chinese civilian airport market is now fully accessible to private capital as the national aviation authority issues a sweeping rights-granting guideline Sunday. The Civil Aviation Administration of China (CAAC) rolled out the red carpet for private capital in all civilian airport projects that are planned in the country’s outline for airport development or special regional […]