Asia & Pacific – Aviation News – Aviation Voice https://aviationvoice.com Wed, 20 Oct 2021 10:44:36 +0000 en-GB hourly 1 https://wordpress.org/?v=5.5.6 BOC Aviation Reports 99% Of Its Owned Fleet Is Leased Out https://aviationvoice.com/boc-aviation-reports-99-of-its-owned-fleet-is-leased-out-202110201330/ Wed, 20 Oct 2021 10:30:26 +0000 https://aviationvoice.com/?p=212704 Reading Time: < 1 minute BOC Aviation, a Singapore-based airplane lessor, continues to grow its fleet. Currently, 99% of its owned fleet is leased out. Currently, only nine out of 420 company’s aircraft are not leased. In total, it has over 100 Airbus A320ceos, over 80 A320neos, close to 20 A330s – current engine and new engine options, as well […]

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BOC Aviation, a Singapore-based airplane lessor, continues to grow its fleet. Currently, 99% of its owned fleet is leased out. Currently, only nine out of 420 company’s aircraft are not leased.

In total, it has over 100 Airbus A320ceos, over 80 A320neos, close to 20 A330s – current engine and new engine options, as well as nine A350s. As for the Boeing types, it has almost 90 from the 737 NG family, 40 737 MAXs, 25 Triple Sevens, and 21 787s. Meanwhile, the company has another 113 aircraft on order.

During the third quarter of 2021, the Singapore-based lessor executed a total of 38 transactions:

  • Took delivery of nine aircraft (including one acquired by an airline customer on delivery)
  • Sold two owned aircraft
  • Signed 27 lease commitments

It has a customer base of 88 airlines in 38 countries and regions in the owned and managed portfolios.

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AirAsia Wants to Pay Off 0.5% Of Its $8 Billion Owed https://aviationvoice.com/airasia-wants-to-pay-off-0-5-of-its-8-billion-owed-202110191025/ Tue, 19 Oct 2021 07:25:07 +0000 https://aviationvoice.com/?p=212700 Reading Time: < 1 minute AirAsia Group Bhd.’s long-haul arm has offered to pay creditors just 0.5% of more than $8 billion of the total debt they are owed. The airline said it is the only way to avoid liquidation and that the subsequent restructuring will allow it to become profitable again. As Bloomberg reports, “To avoid a liquidation and […]

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AirAsia Group Bhd.’s long-haul arm has offered to pay creditors just 0.5% of more than $8 billion of the total debt they are owed. The airline said it is the only way to avoid liquidation and that the subsequent restructuring will allow it to become profitable again.

As Bloomberg reports, “To avoid a liquidation and to allow the airline to fly again, the only option is for AAX to undertake the proposed debt restructuring, proposed corporate restructuring and proposed fundraising and update its business model to survive and thrive in the long term,” the airline said.

The 0.5% payment will be given out of the airline’s operating cash flow one year after its restructuring is complete. The airline also claimed that if it were able to achieve earnings before interest, tax, lease rentals, restructuring costs, and depreciation of more than $72 million in the years of 2023 – 2026, 20% of that would be paid to its creditors – except Airbus.

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Thailand to Reopen in Three Weeks for Fully Vaccinated Traveler https://aviationvoice.com/thailand-to-reopen-in-three-weeks-for-fully-vaccinated-traveler-202110121010/ Tue, 12 Oct 2021 07:10:16 +0000 https://aviationvoice.com/?p=212678 Reading Time: < 1 minute Yesterday Thailand’s government confirmed that it would end the quarantine requirement for vaccinated visitors from 10 nations, including the UK, China, Germany and the US, from November 1st. “I know this decision comes with some risk. It is almost certain that we will see a temporary rise in serious cases as we relax these restrictions,” […]

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Yesterday Thailand’s government confirmed that it would end the quarantine requirement for vaccinated visitors from 10 nations, including the UK, China, Germany and the US, from November 1st.

“I know this decision comes with some risk. It is almost certain that we will see a temporary rise in serious cases as we relax these restrictions,” Thailand Prime Minister Prayuth Chan-ocha shared, as reported by Reuters.

“We will have to track the situation very carefully and see how to contain and live with that situation, because I do not think that the many millions who depend on the income generated by the travel, leisure and entertainment sector can possibly afford the devastating blow of a second lost new year holiday period.”

The red list now contains just seven countries, all of them in Central and South America. They are: Colombia, Dominican Republic, Ecuador, Haiti, Panama, Peru and Venezuela.

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Vietnam Domestic Flights Have Been Resumed https://aviationvoice.com/vietnam-domestic-flights-have-been-resumed-202110110940/ Mon, 11 Oct 2021 06:40:57 +0000 https://aviationvoice.com/?p=212673 Reading Time: < 1 minute Vietnam’s Civil Aviation Authority has approved domestic services resumption on October 10. The flight ticket sales stopped at the end of August due to a tense Covid-19 situation in the country. According to ch-aviation, following consultation with 20 provinces and cities, the Civil Aviation Authority of Vietnam (CAAV) on October 6 announced the first phase […]

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Vietnam’s Civil Aviation Authority has approved domestic services resumption on October 10. The flight ticket sales stopped at the end of August due to a tense Covid-19 situation in the country.

According to ch-aviation, following consultation with 20 provinces and cities, the Civil Aviation Authority of Vietnam (CAAV) on October 6 announced the first phase starting on October 10 would see the re-opening of 10 routes with the following return frequencies awarded to carriers:

From Ho Chi Minh City:

  • to Thanh Hoa: 2x daily to Vietnam Airlines, Pacific Airlines, and Bamboo Airways, with daily flights to VietJetAir;
  • to Khanh Hoa Province: 4x daily to Vietnam Airlines, Pacific Airlines, and Bamboo Airways, with daily flights to Vietjet Air;
  • to Phu Yen Province: 4x daily to Vietnam Airlines, Pacific Airlines, and Bamboo Airways, with daily flights to Vietjet Air;
  • to Binh Dinh Province: 4 daily to Vietnam Airlines, Pacific Airlines, and Bamboo Airways, with daily flights to Vietjet Air;
  • to Phu Quoc island: 4 daily to Vietnam Airlines, Pacific Airlines, and Bamboo Airways, with daily flights to Vietjet Air;
  • to Thua Thien Hue Province: daily to Vietnam Airlines;
  • to Nghe An Province: 2x weekly to Vietnam Airlines.

From Thanh Hoa:

  • to Khanh Hoa Province: daily to Vietjet Air;
  • to Buon Ma Thuot city: daily to Vietnam Airlines;
  • to Phu Quoc island off the Cambodian coast: daily to Vietjet Air.

Up to 4x daily flights could be added on other routes upon additional approval from other local authorities.

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LOT Polish Airlines has begun Operating Flights to Dubai https://aviationvoice.com/lot-polish-airlines-has-begun-operating-flights-to-dubai-202109281649/ Tue, 28 Sep 2021 13:49:49 +0000 https://aviationvoice.com/?p=212624 Reading Time: < 1 minute LOT Polish Airlines has started operating three weekly flights between Warsaw and Dubai ahead of the busy winter season. An inaugural flight from Warsaw’s Chopin Airport (WAW) landed at DXB Terminal 1 on Sunday, said Dubai Airports in a statement. The launch is timed to coincide with the start of the tourism season in Dubai, […]

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LOT Polish Airlines has started operating three weekly flights between Warsaw and Dubai ahead of the busy winter season. An inaugural flight from Warsaw’s Chopin Airport (WAW) landed at DXB Terminal 1 on Sunday, said Dubai Airports in a statement.

The launch is timed to coincide with the start of the tourism season in Dubai, which has emerged as one of the favorite winter destinations in Poland. “Coming just ahead of the start of the much awaited Dubai Expo 2020 from October 1, the new service will offer more choice for the tens of thousands of people who travel between the two countries.”

The Expo, which will go on until March end next year, is expected to attract 25 million visitors. Several global airlines have announced additional flights to UAE to meet the surge in demand.

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Vietnam Might Fully Lift Its B737 MAX Ban https://aviationvoice.com/vietnam-might-fully-lift-its-b737-max-ban-202109241414/ Fri, 24 Sep 2021 11:14:27 +0000 https://aviationvoice.com/?p=212615 Reading Time: < 1 minute According to VnExpress, the Civil Aviation Authority of Vietnam has proposed that the Boeing 737 Max aircraft fly in Vietnam but not just over it. The report says the CAAV has approached Vietnam’s Ministry of Transport to lift the ban, providing an argument that 178 out of 195 countries worldwide have already done so. “Based […]

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According to VnExpress, the Civil Aviation Authority of Vietnam has proposed that the Boeing 737 Max aircraft fly in Vietnam but not just over it.

The report says the CAAV has approached Vietnam’s Ministry of Transport to lift the ban, providing an argument that 178 out of 195 countries worldwide have already done so.

“Based on the assessment results of the aviation authorities in the world and the safety index of the Boeing 737 MAX aircraft after being licensed to operate again, the Civil Aviation Administration of Vietnam proposes the Ministry of Transport allows the Department to carry out the necessary procedures to allow the Boeing 737 MAX aircraft to fly to/from the Vietnamese territory, and at the same time implement the process of granting the certificate of approval for the aircraft type B737 MAX to be imported into Vietnam,” a September 20 update on the CAAV website reads.

Although no Vietnamese airlines currently have MAX aircraft in their fleets, VietJet Air has many of them on order.

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Bamboo Airways Signed $2 Billion Boeing 787 Engine Agreement https://aviationvoice.com/bamboo-airways-signed-2-billion-boeing-787-engine-agreement-202109221103/ Wed, 22 Sep 2021 08:03:29 +0000 https://aviationvoice.com/?p=212600 Reading Time: < 1 minute On September 21, Vietnam’s Bamboo Airways has signed a deal worth nearly $2 billion with General Electric (GE.N) to purchase GEnx engines to power Boeing 787-9 Dreamliner aircraft. The signing ceremony took place on September 21 in New York, USA. The Vietnamese President Nguyen Xuan Phuc was present at the event. The GE agreement is […]

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On September 21, Vietnam’s Bamboo Airways has signed a deal worth nearly $2 billion with General Electric (GE.N) to purchase GEnx engines to power Boeing 787-9 Dreamliner aircraft.

The signing ceremony took place on September 21 in New York, USA. The Vietnamese President Nguyen Xuan Phuc was present at the event. The GE agreement is the biggest deal in this signing series of the airline.

“GE is a large and prestigious corporation in engine manufacturing in the world. The selection of the GEnx engines for our Boeing 787-9 aircraft will help increase the operational efficiency and service quality of Bamboo Airways on Vietnam-US nonstop flights as well as many potential international routes,” said Dang Tat Thang, CEO of Bamboo Airways.

“GE is honoured to be a strategic partner to Bamboo Airways,” says Dave Kircher, GEnx general manager at GE Aviation. “The GEnx engines have proven performance with almost a decade of flying, and Bamboo Airways will fulfill its vision for long international routes thanks to the flying power and fuel efficiencies that the GEnx engine provides.”

On the same day, Bamboo Airways officially introduced AVIAWORLD as its official general sales agent in the USA and launched the nonstop flight network connecting the two countries.

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Air New Zealand Partners with Airbus to Seek Zero-emissions Flight https://aviationvoice.com/air-new-zealand-partners-with-airbus-to-seek-zero-emissions-flight-202109171053/ Fri, 17 Sep 2021 07:53:19 +0000 https://aviationvoice.com/?p=212584 Reading Time: < 1 minute Air New Zealand and the aviation giant Airbus are getting into a partnership to explore how zero-emission aircraft could be launched in New Zealand. They have signed a Memorandum of Understanding as a consequence of which Air New Zealand will analyze the impact hydrogen aircraft would have on its operations. Airbus will share hydrogen aircraft […]

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Air New Zealand and the aviation giant Airbus are getting into a partnership to explore how zero-emission aircraft could be launched in New Zealand.

They have signed a Memorandum of Understanding as a consequence of which Air New Zealand will analyze the impact hydrogen aircraft would have on its operations. Airbus will share hydrogen aircraft performance requirements with Air New Zealand to support the carrier’s decarbonization roadmap.

“This agreement brings us a step closer to our net zero emissions by 2050 commitment and to realizing our aspiration to put low carbon solutions in place for our shorter domestic and regional flights in the next decade,” said Air New Zealand CEO Greg Foran on Thursday.

“New Zealand has a unique opportunity to be a world leader in the adoption of zero-emissions aircraft, given the country’s commitment to renewable energy which can be used to generate green hydrogen and our highly connected regional air network.”

Air New Zealand aims to net zero emissions by 2050, while Airbus has set an objective to develop a zero-emission commercial aircraft by 2035.

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BAA Training Starts Cooperating with Kazakhstan’s Civil Aviation Academy https://aviationvoice.com/baa-training-starts-cooperating-with-kazakhstans-civil-aviation-academy-202109150932/ Wed, 15 Sep 2021 06:32:32 +0000 https://aviationvoice.com/?p=212577 Reading Time: 2 minutes Highlights: BAA Training has signed a Memorandum of Understanding (MoU) with Kazakhstan’s Civil Aviation Academy, pursuing the goal to transform it into an EASA standard approved training organization (ATO). BAA Training and Kazakhstan’s Civil Aviation Academy will write a joint CPL training program by the end of 2021, and in 2022, accept the first students […]

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Highlights:

  • BAA Training has signed a Memorandum of Understanding (MoU) with Kazakhstan’s Civil Aviation Academy, pursuing the goal to transform it into an EASA standard approved training organization (ATO).
  • BAA Training and Kazakhstan’s Civil Aviation Academy will write a joint CPL training program by the end of 2021, and in 2022, accept the first students shortlisted together following BAA Training’s methodology.
  • Within a five years term, more than 200 pilots will be prepared under the joint CPL program.

BAA Training, an EASA standard ATO that operates training centres in Lithuania, Vietnam, Spain and plans to establish one in France in the nearest future, has signed an MoU with Kazakhstan’s Civil Aviation Academy. The document sets the grounds for cooperation to transform Kazakhstan’s Civil Aviation Academy into an EASA standard ATO issuing EASA type of pilot licences.

To achieve the set objective, the parties intend to jointly create a CPL pilot training program by the end of 2021. Starting from 2022, they will begin to prepare pilots, accessed and selected while working in tandem and following BAA Training’s methodology.

Evgenij Grachiov, BAA Training’s COO, comments on the achievement: “The signed MoU establishes a framework for cooperation between BAA Training and Kazakhstan’s Civil Aviation Academy, which carries a great deal of potential. Transforming a training organization into an EASA standard ATO requires a lot of precision, know-how and understanding of all the technical and administrative aspects, which BAA Training is fully prepared to share so that the transition goes smoothly and uninterruptedly.”

The timeline for getting an EASA ATO certification

Initially, the conduction of training will be split between Lithuania and Kazakhstan. However, within three years, it is planned to have an EASA ATO certificate secured and at least half of the training responsibilities assigned to Kazakhstan’s Civil Aviation Academy. The term of five years has been chosen for the formal agreement to allow students starting in three years to finish their studies.

The number of student pilots to be trained

Over the five years, more than 200 pilots will be prepared under the joint CPL program. Moreover, BAA Training will deliver training to Kazakhstan’s Civil Aviation Academy’s employees: instructors, training managers and other staff.

Other BAA Training’s wide-scope projects

BAA Training has been implementing expansion strategies globally, resulting in new training facilities opening in different European and Asian markets.

A 5,300-square-meter modern training centre BAA Training Spain that operates Airbus A320 and Boeing 737 MAX full flight simulators (FFSs), is expecting more equipment to arrive. By the end of 2021, one Boeing 737NG FFS and one FTD Level 2 device, Airbus A320ceo, will come.

In addition, BAA Training has recently signed a term sheet contract with Transavia Airlines, signifying the future opening of a new training centre BAA Training France, near Paris Orly Airport (ORY).

The six-bay training centre, mainly dedicated to Transavia’s pilot training needs and operated by BAA Training itself, will be home to the Airbus and Boeing family types of FFSs.

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Bamboo Airways Prepares to Launch Flights to the US https://aviationvoice.com/bamboo-airways-prepares-to-launch-flights-to-the-us-202109091017/ Thu, 09 Sep 2021 07:17:38 +0000 https://aviationvoice.com/?p=212563 Reading Time: < 1 minute Bamboo Airways is getting ready to start its first flights to the United States on September 23, 2021. Initial flights Bamboo will operate between September and November 2021 will be “proving” flights before the airline launches regularly scheduled service. The airline will operate flights to Los Angeles (LAX), San Francisco (SFO), and Seattle (SEA), with […]

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Bamboo Airways is getting ready to start its first flights to the United States on September 23, 2021.

Initial flights Bamboo will operate between September and November 2021 will be “proving” flights before the airline launches regularly scheduled service. The airline will operate flights to Los Angeles (LAX), San Francisco (SFO), and Seattle (SEA), with the first flight scheduled for September 23.

The airline will fly 12 roundtrips between Vietnam and the US until November, using its Boeing 787-9 aircraft, one of the few aircraft that can handle the long hop across the Pacific Ocean. The airline already has three of these in its fleet, with a further 11 on order.

According to VnExpress, the airline also has plans to sign memorandums with San Francisco and Los Angeles airports and is in the process of establishing a representative office in the US.

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