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  • November 26, 2014
  • Last updated: 5:11am
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  1. News - Hong Kong - AUDIT REPORT

    Civil Aviation Department criticised over HK$67m spent on new HQ without approval

    Posted Nov 20th 2014, 03:01pm by Phila Siu

    ... criticised the Civil Aviation Department for spending HK$67.45 million on security and electronic systems at its new headquarters at the airport without approval from the Treasury Bureau. Its report ... Aviation should take measures to ensure that timely approval is sought from FSTB for procuring equipment in accordance with the requirements laid down," the report said. In 2008, ...

  2. Business - Companies - AVIATION

    Li Ka-shing's US$2 billion aviation deal could spark spending spree

    Posted Nov 05th 2014, 10:09am by SIJIA JIANG, Langi Chiang

    ... Sijia Jiang and Langi Chiang Li Ka-shing to buy up to 60 jets in US$2 billion plan, with another deal for US$5 billion worth of planes from AWAS Aviation still pending Cheung Kong set ... of the most influential players in global aviation. The announcement that Cheung Kong (Holdings) will buy up to 60 planes in a keenly anticipated move into aircraft leasing still leaves on the table ...

  3. Business - Companies - AVIATION

    Tax incentives key to Hong Kong's aviation leasing hub ambitions

    Posted Nov 05th 2014, 03:21am by SIJIA JIANG

    ... compared with 17 per cent in Singapore and 16.5 per cent in Hong Kong. Peter Huijbers, a regional head at Hong Kong Aviation Capital, the major local lessor, said: "Hong Kong has the merit ...

  4. Business - China Business - AVIATION

    China aviation regulators revising luggage rules

    Posted Oct 28th 2014, 05:42am by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com Plan to scrap weight allowance expected to boost budget carriers on the mainland Regulator revising luggage rules Mainland aviation authorities plan ... at the Civil Aviation Administration of China. Budget airlines on the mainland are subject to the same rigid regulations as full-service carriers in almost every aspect of operation, from free luggage ...

  5. Million Air excited as Asia's private aviation takes off

    Posted Oct 08th 2014, 03:40pm

    ... sight in Asia. General aviation is a US$150-billion business in the United States, with more than 228,000 registered private aviation aircraft in the country- a far cry from only 1,610 registered in China. The Chinese government's move to ease flight approval procedures and to lower the threshold for obtaining a private pilot licence, however, has stoked aviation companies ...

  6. Mayday prepares for Asian aviation industry take-off

    Posted Oct 06th 2014, 05:48pm

    ... of the biggest names in the aircraft business such as Airbus and Boeing. Active in the aviation industry for more than 40 years now, Mayday has built its expertise from the simplest to the most-complex ...

  7. Business - Companies - ACQUISITION

    AVIC International considers non-aviation acquisition

    Posted Sep 25th 2014, 10:16am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com AVIC International Holding (HK) said it is mulling a possible acquisition of some unspecified non-aviation business on the mainland from its parent AVIC ... and defence aircraft maker Aviation Industry Corporation of China, engages in aviation products export, trade and logistics, retailing, property and hotel management, electronic technology ...

  8. News - World - ICELAND

    Iceland lowers aviation warning as Bardarbunga volcano's eruption fails to create ash

    Posted Sep 01st 2014, 04:44am by Reuters

    ... Volcano eruption triggers highest aviation warning Iceland cut its ash warning level for aviation to orange from red yesterday, saying a fresh fissure eruption in Iceland’s Bardarbunga volcano ... the Icelandic Meteorological Office said in a statement. “The Aviation Colour Code for Bardarbunga has therefore been reset to orange.” Red is the highest level on a five-colour scale and indicates ...

  9. Business - Companies - AVIATION

    Revenue boost for two mainland aviation firms on helicopter sales

    Posted Aug 26th 2014, 02:57pm by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com Helicopter sales fuel Avic firms' revenues Two aviation manufacturing units of state-owned Aviation Industry Corp of China (Avic) yesterday reported ... aviation in the mainland. Revenue at Hong Kong-listed AviChina Industry and Technology rose 11.75 per cent to 10.4 billion yuan (HK$13 billion), which the firm attributed to growth ...




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