Category: Asia & Pacific

Fuel Prices Rise But Major Airlines Have No Hedging Plans

Reading Time: < 1 minute Commenting at the Airline Economics Conference in Dublin on Monday, January 22, four of the major carriers, Delta Air Lines, American Airlines, United Airlines and Dubai-based Emirates, confirmed they will not be hedging fuel bills, despite a recent rise in the cost of oil. For the first time in three years, the global Trent benchmark […]

Beijing to Lower Ownership Stakes in Chinese Airlines

Reading Time: < 1 minute The Chinese government said it will loosen its control over China’s big three carriers—China Southern Airlines, Air China and China Eastern Airlines—allowing its ownership stakes in the airlines to fall below 50%. Currently, state-owned company China National Aviation Holding Co. holds a 53.5% stake in Air China, state-owned China Eastern Group holds a 56.4% stake […]

How Cryptocurrencies Are Changing Private Jet Travel

Reading Time: 2 minutes For private jet passengers, time and reliability are paramount when booking a flight. Flexibility and safety is also within the coveted traits of this market. During the past few months, a new payment method, the cryptocurrencies, have propelled this market to new heights, granting clients with a swifter, secure and universal transaction system. Speed and […]

Cambodia Plans to Build One of the World’s Biggest Airports

Reading Time: 2 minutes The Cambodian government has approved plans to build one of the world’s largest airports in south-eastern Kandal province, although key actors have yet to work out the details. The Phnom Penh Post on Monday (Jan 15) reported the plans, citing a document from the Council of Ministers, dated Dec 21, which approved an investment proposal […]

More M&A Activity Expected In 2018

Reading Time: 2 minutes In the minds of many industry analysts, there’s an air of inevitability about further aftermarket acquisitions in 2018. “MRO M&A activity will continue to be quite robust and consistent with the transaction volumes over the past few years,” predicts Jonathan Berger, managing director of New York-based Alton Aviation Consultancy. An MRO-Network Twitter poll from early […]

Technology to Drive 2018’s Airport Security Landscape

Reading Time: 2 minutes At this year’s edition of The Airport Show, set to run 7 – 9 May 2018, airport security is expected to be one of the key topics discussed by industry players and analyst attending the annual event. With the number of passengers travelling each year expected to rise, the latest figures from IATA projecting 7.8 […]

Delta Under Fire for Listing Taiwan, Tibet as Countries

Reading Time: < 1 minute Delta Air Lines came under fire from the Civil Aviation Administration of China (CAAC) late last week for listing Tibet and Taiwan as countries on its website. The American carrier immediately offered apologies and underlined the mistake was unintentional. “Delta recognizes the seriousness of this issue and we took immediate steps to resolve it. It […]

Pegasus B738 Skids off Runway Stopping Just Feet From the Sea

Reading Time: 1 minute A Pegasus Boeing 737-800 has skidded off the runway after landing in the Black Sea province of Trabzon, causing panic among 162 passengers aboard. The Pegasus Airlines jet narrowly avoided plunging into the sea after it veered left off the runway, went down a slope and came to a stop on soft ground while landing […]

Indian Government Clears Way for Major Foreign Investment in Air India

Reading Time: 2 minutes In a politically charged move, the Indian Narendra Modi government has agreed to sell a 49% stake in the state-owned flag carrying airline, Air India, thus still retaining a controlling interest. This is seen as a strategic divestment of an airline which has failed to show an annual operating profit for over ten years, and […]

Airbus to Raise China A320 Production to Six Per Month by 2020

Reading Time: < 1 minute Airbus plans to ramp up A320 family production rates at its Final Assembly Line Asia (FALA) in Tianjin, China beginning in 2019, according to a framework agreement signed by Airbus and its Chinese partners Jan. 9. The agreement targets a ramp-up in production to five aircraft per month by early 2019 and six per month […]