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  • September 20, 2014
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  1. Business - Companies - AVIATION

    Cargo revival hinges on US economy, says Cathay

    Posted Sep 15th 2014, 04:40am by SIJIA JIANG

    ... a little earlier this year. The last quarter, traditionally a peak season for cargo, may signal the start of a real recovery for the sluggish global cargo market thanks to new hi-tech consumer ... There is a good chance [the iPhone 6] will help improve not only the China market but also the Hong Kong market." Mainland China is Cathay's largest cargo market after Hong Kong, while ...

    http://www.scmp.com/business/companies/article/1592729/cathay-pacific-cargo-revival-hinges-festive-us-buyers
  2. News - Asia - AVIATION

    Malaysia Airlines to delist from stock exchange after MH17, MH370 crises

    Posted Aug 08th 2014, 10:58am by AP, AFP

    ... Agencies in Kuala Lumpur Troubled carrier suspends share trading as it reels from fallout of twin tragedies Malaysia plans to delist Malaysia Airlines from stock exchange, which would make ... disasters of flights MH370 and MH17. In a statement filed with the Kuala Lumpur stock exchange, the flag carrier said it suspended trading at the request of majority shareholder Khazanah Nasional ...

    http://www.scmp.com/news/asia/article/1569016/malaysia-airlines-delist-stock-exchange-after-mh17-mh370-crises
  3. Business - Companies - AVIATION

    Hainan Airlines profit down 25.35pc

    Posted Aug 28th 2014, 11:03am by SIJIA JIANG

    ... passengers, 15.62 per cent more than in the same period last year, the company said in a filing with the Shanghai Stock Exchange. The airline is the mainland's fourth-largest after state-owned ... the three bigger airlines because it mainly focused on the domestic market and regional routes with less competition. "It connects cities to Haikou [where it is based], and those are popular ...

    http://www.scmp.com/business/companies/article/1581390/hainan-airlines-profit-down-6978pc
  4. News - Hong Kong - AVIATION

    Cathay pilots mull industrial action after disappointment at 10pc pay offer

    Posted Sep 11th 2014, 04:49am by Phila Siu

    ... "Our pay proposal to our pilots is fair and reasonable, while being market competitive and sustainable in the current operating environment," he said. Pilots based in Europe would get ...

    http://www.scmp.com/news/hong-kong/article/1589698/cathay-pilots-mull-industrial-action-press-airline-raise-pay-offer
  5. Business - Companies - AVIATION

    Ryanair gears up for new price war with purchase of 100 Boeing jets

    Posted Sep 09th 2014, 10:06am by Reuters

    ... the carrier’s operating costs, allowing it to take market share from legacy carriers such as Lufthansa, SAS, British Airways and Alitalia. “It means that we’re going to expand and grow very strongly in Europe, both in new markets and in going in and taking traffic away from incumbent carriers,” he said in New York where he and Boeing Commercial Airplanes chief executive Ray Conner signed ...

    http://www.scmp.com/business/companies/article/1588470/ryanair-gears-new-price-war-purchase-100-boeing-jets
  6. Business - Economy - AVIATION

    China key to revival in air-cargo growth

    Posted Sep 04th 2014, 06:21pm by SIJIA JIANG

    ... cargo market and responsible for 39 per cent of the total volume, recorded growth above the worldwide average in 2013, with eastern Asia growing at 4.5 per cent. “China is a very important market and that is why we are here,” said Arun Mishra, regional director of the International Civil Aviation Organisation, the organiser of the first forum of its kind. China represents 45 per ...

    http://www.scmp.com/business/economy/article/1585178/china-key-revival-air-cargo-growth
  7. News - Asia - AVIATION

    After twin disasters, Malaysia Airlines slashes 6,000 jobs in revamp

    Posted Aug 29th 2014, 03:25pm by AP

    ... to "strike a balance between Malaysia's desire to revive a national carrier against the prudent use of public funds", he said. The airline will be taken off the Malaysian stock exchange ... of 2017 and relist it on the stock exchange by the end of 2019. A substantial revamp has long been on the cards. Malaysia Airlines had struggled with chronic financial problems even before ...

    http://www.scmp.com/news/asia/article/1581690/malaysia-airlines-cut-6000-staff-overhaul
  8. Business - China Business - AVIATION

    China aircraft leasing market thrives but glut lurks

    Posted Aug 05th 2014, 07:59pm by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com Big mainland Airbus contract lures newcomers to sector, spurring analysts to warn on glut, cyclical swings and high capital requirements Leasing market ... leasing market. Investors keen to cash in include Li Ka-shing, but analysts warn new entrants may risk getting caught out by a glut of planes in the industry. They say deep pockets will be needed ...

    http://www.scmp.com/business/china-business/article/1567066/china-aircraft-leasing-market-thrives-glut-lurks
  9. Business - China Business - AVIATION

    Hong Kong drives China airports

    Posted Sep 02nd 2014, 09:25am by SIJIA JIANG

    ... August 21. He set a target of HK$6.39 for the share, currently hovering around HK$6.09. The stock has risen nearly 23 per cent in the past 52 weeks. Expansion projects are also under way ...

    http://www.scmp.com/business/china-business/article/1583474/hk-drives-china-airports
  10. Business - China Business - AVIATION

    China Aircraft Leasing to buy four Airbus A320s for US$375.6m

    Posted Aug 26th 2014, 09:29am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com China Aircraft Leasing has reached an agreement with Airbus to buy four Airbus A320 aircraft for an aggregate basic price of about US$375.6 million (HK$2.9 billion), it said on Tuesday. The basic price includes the airframe, optional features and engine. The company also said in a statement to the Hong Kong stock exchange that it had signed ...

    http://www.scmp.com/business/china-business/article/1580735/china-aircraft-leasing-buy-four-airbus-a320s-us3756m

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