Tag: Singapore

Magnetic MRO, Kuehne + Nagel Team Up for Engine Logistics Cooperation

Reading Time: < 1 minute Estonia-based Magnetic MRO has signed a cooperation with logistics firm Kuehne + Nagel to offer a mutual engine stand management and logistics support solution to their MRO, OEM, airline and leasing customers. The deal will see both firms’ offerings being combined: Magnetic MRO’s EngineStands24.com and Kuehne + Nagel’s KN EngineChain solution, which they said will […]

BOC Aviation Places Orders for Five A321ceo Aircraft

Reading Time: < 1 minute BOC Aviation, the Singapore-based global aircraft leasing company, has placed a firm order for five more A321 aircraft in addition to an order announced in January for 30 A320 Family aircraft which included 15 A321s (eight A321neo and seven A321ceo). “We have increased our order for the A321 in response to the market trend and […]

IATA: Aviation Could Be Worth $88b to Singapore Economy in 20 Years

Reading Time: 2 minutes The number of air travellers and aviation-related jobs in Singapore could more than double in 20 years, according to a new study by a global airline body. This would increase the industry’s contribution to Singapore’s gross domestic product by the same quantum to an estimated US$65 billion (S$88 billion) in 2035, said the International Air […]

Asia-Pacific Is A Key A380 Market Today And For The Future

Reading Time: 2 minutes The A380 has literally changed the shape of air transportation in Asia-Pacific, and will continue to play an important role as this region’s dynamic passenger traffic develops during the years to come. Asia-Pacific is a major “home” for the A380: almost half of the global customer base for Airbus’ 21st century flagship jetliner is located […]

Changi Airport Handles Record 55.4M Passengers In 2015

Reading Time: 2 minutes Changi Airport handled a record 55.4 million passengers last year, a 2.5 per cent increase from 2014. The number of aircraft take-offs and landings grew by 1.4 per cent year-on-year to 346,330. December was an especially busy month with 5.29 million passenger movements recorded, the highest ever for any single month since the airport opened in […]

Asia-Pacific Region To Have Biggest Fleet Size, MRO Value

Reading Time: 2 minutes SINGAPORE—Within a decade, the Asia-Pacific region will surpass others in fleet size and maintenance, repair and overhaul (MRO) market value. Chris Doan, a Cavok vice president, forecasts the Asia-Pacific fleet to reach 11,687 commercial aircraft in 2025—compared to 8,142 in North America, and 8,096 in Europe. The region’s commercial MRO market will be valued at […]