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  • September 17, 2014
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  1. Slump could idle 13pc of aircraft by year-end

    Posted Feb 26th 2009, 12:00am by Charlotte So

    ... of aircraft will be grounded by the end of the year, matching the level after the attacks. That would mean another 400 aircraft left idle worldwide this year as air traffic demand evaporated, according to research by aerospace consultant Ascend. There are now 2,300 idled aircraft, more than 11 per cent of the global fleet of 20,293. About 1,167 of these planes were grounded last year. ...

  2. China Southern eyes US$400m plane loan

    Posted Mar 21st 2006, 12:00am by Charlotte So

    ... Charlotte So China Southern Airlines, the mainland's No1 domestic carrier, plans to finance the purchase of 13 new aircraft through a US$400 million syndicated loan. The latest additions to China Southern's fleet would bring the number of new aircraft this year to 50, a record year in the carrier's drive to expand its fleet substantially by 2010, it said. ...

  3. Corrections & clarifications

    Posted Mar 02nd 2006, 12:00am by Staff Reporter

    ... Andrew Pyne, the chief executive of Viva Macau, had a quote about buying the newest generation of composite aircraft from Boeing or Airbus attributed to him in yesterday's article on B4. Mr Pyne made no such comments. The error was made in the editing process. ...

  4. High hopes for hiring

    Posted Jul 15th 2011, 12:00am

    ... Rick Gangwani With aircraft orders, airport expansion, and passenger rates all buoyant, the potential for job growth in the region's aviation sector looks ever more promising. ... in the region are placing ever-larger orders for additional aircraft. The most notable of these came late last month with discount carrier AirAsia confirming a record 200-jet purchase from Airbus. ...

  5. Growing regional demand makes raising cash easier

    Posted Aug 10th 2005, 12:00am by David Fullbrook

    ... especially in India, outweigh the risks for many financiers. All told, Asia's aircraft orders and options book tops 500 this year. Airlines will need to find US$15 billion to US$20 billion to pay for all those aircraft. A growing market, a strong business plan and cashed-up backers all make raising money easier, and if Asia is one thing, it's a growing market. 'I think ...

  6. No-frills airline seeks makers' help

    Posted Feb 16th 2011, 12:00am by Staff Reporter

    ... AirAsia, the region's largest low-cost carrier, is pushing manufacturers to produce a new generation of aircraft catering to the specific demands of the no-frills airline, ... of an aircraft more suited to the low-cost model.' Such an aircraft might be greener, more fuel efficient and configured in a way that would optimise passenger volume, she says, adding that new ...

  7. Philippines traffic beats pre-hostage crisis high

    Posted Oct 14th 2011, 12:00am

    ... was to take delivery of several new aircraft by 2014, it can launch new services for second-tier cities on the mainland, Gokongwei said. The carrier will operate a fleet of 47 aircraft by 2014, up ...

  8. Indigo, Alpha team up to tap Russian market

    Posted Jun 18th 2007, 12:00am by Charlotte So

    ... Budget carrier to lease two aircraft to start service Indigo Partners, the United States private equity firm specialising in the aviation industry, will team up with renowned Russian ... to begin with. The start-up would be incorporated in the first half of next year, with aircraft and operating licences in place, Mr Pyne said. He said people in Russia were scared of flying because ...

  9. AirAsia calls for budget terminal in HK to boost passenger growth

    Posted Jul 11th 2008, 12:00am by Charlotte So

    ... lower landing and aircraft parking fees, as well as lower passenger fees, which translate into cheaper airfares. Singapore and Malaysia's budget terminals have brought extra passenger ... concourse with 10 bridge-served parking stands is under construction to serve narrow-bodied aircraft,' the Airport Authority replied through an e-mail yesterday. The facility is not catering ...

  10. Fledgling carrier flying high

    Posted Aug 18th 2007, 12:00am by Donna Page

    ... as the aircraft fleet grows along with the number of destinations. Staff will be recruited from around the world. Like any major employer in Macau the airline has been hit hard by the region's labour ... for the aircraft. These are technical positions and it is very hard to source those skills in Macau,' Mr Korfiatis said. 'Even with our non-technical staff we have fallen victim to Macau's ...




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