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  1. Bank's aircraft leasing arm buys five private jets

    Posted Mar 29th 2012, 12:00am

    ... Charlotte So in Shanghai charlotte.so@scmp.com The aircraft leasing arm of China Merchants Bank made its first move to acquire private jets yesterday by ordering five from US-based Cessna. ... The five Citation Sovereign aircraft, which can carry up to 13 passengers, underlined the demand for business jets in the country, especially from high net worth individuals in Shanghai, said Zhang ...

  2. Carrier to shed Boeing aircraft

    Posted Aug 06th 2012, 12:00am

    ... Hong Kong Airlines (HKA) will phase out its five Boeing 737-800 aircraft following an order from the Civil Aviation Department banning any further growth until it meets all the safety requirements for operating a bigger fleet. The department's unprecedented ban imposed on July 17 will stop Hong Kong Airlines from adding aircraft or diversifying into other plane types. ...

  3. Clearer skies

    Posted Nov 09th 2007, 12:00am by Staff Reporter

    ... Exploring energy-efficient fuels and developing a new generation of aircraft ...

  4. Take-off in Zhuhai for first private aircraft shop

    Posted Mar 20th 2012, 12:00am

    ... Fixed Base Operator (FBO) operates the new store, which sells planes and offers services such as refuelling, hangaring and aircraft maintenance. Last year, the company sold 14 private aircraft and it is expecting to sell about 17 this year with the opening of the new store, according to marketing director Chen Fei. The store mainly sells two kinds of aircraft- the Cirrus S22 and Cirrus S20, ...

  5. Haesl's jet engine centre has plenty of room to spare

    Posted Jun 16th 2011, 12:00am

    ... Keith Wallis keith.wallis@scmp.com Hong Kong Aero Engine Services (Haesl) is targeting Asian and Middle East operators of Rolls-Royce-powered aircraft after opening the US$50 million fifth ... of Rolls-Royce-powered Airbus and Boeing aircraft. The remaining 60 per cent came from close to 30 other airlines, including Air China, China Airlines, China Eastern Airlines and Emirates. Haesl is jointly owned ...

  6. Domestic jet airliner set for 2016 take-off

    Posted May 12th 2011, 12:00am

    ... Anita Lam in Seattle The aircraft maker tasked with producing a Chinese rival for Boeing and Airbus passenger aircraft is scheduled to start delivering its first airliner in 2016. Commercial Aircraft Corporation of China, or Comac, has pledged to roll out the new narrow-body jet the C919, which has up to 200 seats. Comac engineers promise the new aircraft will be 15 per cent ...

  7. Air China buys 20 Airbus planes

    Posted Nov 19th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu Air China Limited yesterday announced it has bought 10 A330 aircraft and 10 A350s from Airbus. The total initial price mentioned was US$4.49 billion but negotiations are going ... and operations, the airline said. The delivery of the first 10 aircraft will be made between 2013 and 2015 while the other 10 between 2018 and 2020. The acquisition is expected to expand Air China's ...

  8. Jailed tycoon's firm bids for aircraft carrier

    Posted Jul 13th 2011, 12:00am

    ... Choi Chi-yuk chiyuk.choi@scmp.com A Hong Kong company owned by disgraced retail tycoon Wong Kwong-yu has tendered a bid for a decommissioned British aircraft carrier, the HMS Ark Royal, ... made the decision, which had nothing to do with Wong.' He declined to reveal the amount of money which had been earmarked for the potential aircraft carrier deal. Asked if Wong was aware ...

  9. Avic I seeks overseas listing for unit in mainland aviation first

    Posted Jun 29th 2007, 12:00am by Staff Reporter

    ... Guo Aibing in Beijing Aircraft maker China Aviation Industry Corp (Avic I) is seeking international investors in preparation for an overseas listing of its commercial aircraft unit, mainland media reported yesterday. The unit, Avic I Commercial Aircraft Co (ACAC), the company responsible for pre-selling the first China-made regional jet, the ARJ21, could become the first ...

  10. Air China buys 20 aircraft to boost capacity

    Posted Jun 27th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu Air China says it will buy 20 Airbus 330 aircraft that carry a list price of US$3.82 billion. The aircraft, which will be bought at an undisclosed discount, are expected to be delivered between 2011 and 2014. The carrier says the aircraft will increase its fleet capacity by about 16.5 per cent, allowing it to add more flights. The company will finance the purchase ...




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