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  1. Carriers spend US$5.7b on new aircraft to bulk up fleets as demand recovers

    Posted Feb 12th 2010, 12:00am by Charlotte So

    ... Charlotte So Mainland carriers have made another round of fleet purchases after passenger demand rebounded across the nation last year. Air China, the Beijing-based carrier, ordered 20 Airbus A320s at a total catalogue price of US$1.63 billion yesterday, the third order made by the three biggest mainland carriers since late last year. The big three, which also comprise China ...

  2. Europe's Carriers may lose US$1.1b

    Posted Jun 12th 2012, 12:00am

    ... signs have been observed in the United States. The profit forecast for US carriers was revised up to US$1.4 billion, from US$900 million. Forecast profits for the industry worldwide remained unchanged at US$3 billion. The chiefs of the mainland airlines said mainland carriers were heading for a bigger challenge this year than in the global financial crisis more than three years ago ...

  3. Business - Companies - AVIATION

    Passenger numbers rise for Asia-Pacific region's air carriers

    Posted Jan 31st 2013, 12:00am by CHATLOTTE SO

    ... carriers Carriers in the Asia-Pacific region will fly higher this year as sustained economic growth in the region buoys passenger and cargo demand, the airlines trade body said yesterday. Some 207 million international passengers were flown by the carriers in the region last year, up 7 per cent year on year, the Association of Asia Pacific Airlines (AAPA) said. International passenger ...

  4. Asian carriers scout for pilots

    Posted Jun 15th 2012, 12:00am

    ... Chiu Po-sze The aviation sector, particularly the group of carriers plying the Asian routes, was seriously affected by the 2003 Sars outbreak, but has now almost fully recovered. This is reflected in the fact that many airlines are increasing headcounts. One major airline in Hong Kong has said it will be hiring 300 pilots worldwide- double the number last year. Eighty of these jobs ...

  5. Carriers to fight sky charges

    Posted Oct 10th 2011, 12:00am

    ... Airlines that fly to Europe will have to pay a lot of money in carbon tax. This means airfares are going to be more expensive. The world's carriers thought it might not be legal ... of their independence. China fears its carriers will have to pay 800 million yuan (HK$974.6million) more each year on flights to Europe, and that this could be four times as much by 2020. 'If they charge ...

  6. Mainland mega-carrier could emerge amid consolidation

    Posted Mar 11th 2011, 12:00am by Keith Wallis

    ... Keith Wallis China's airline industry is set to see more consolidation, including the possible emergence of a mega-carrier, to compete with European and United States giants ... carriers, Air China, China Eastern Airlines and China Southern Airlines, and last year's takeover of Shanghai Airlines by China Eastern, 'had just started'. Song forecast ...

  7. Hong Kong carrier must wake up to high-speed rail challenge

    Posted Nov 30th 2009, 12:00am by Staff Reporter

    ... The report ('Airlines lose ground to high-speed trains', November 23) should be an eye-opener for Cathay Pacific Airways, which still has its business head firmly stuck in the sand. The future of domestic continental travel worldwide will be rai ...

  8. Strong potential demand bodes well for mainland budget carriers

    Posted Mar 17th 2008, 12:00am by Charlotte So

    ... travelled by air, the fact that suggests a huge potential market for low-cost carriers. 'China is a perfect market for budget carriers- in theory,' says Damien Horth, Asian transport research head at UBS Investment. 'Given the huge market size and low GDP per capita, the government needs low-fare carriers to stimulate demand.' But there are just a few low-cost ...

  9. Budget carriers lift values of homes near airports

    Posted May 09th 2007, 12:00am by Richard Warren

    ... located close to airports served by low-cost carriers are almost half as valuable again as other properties, the results of a survey carried out by Savills Research and Holiday-Rentals.co.uk ... price of a property located within 10 miles of an airport served by a budget airline was 39 per cent higher than properties within the same distance of an airport without a low-cost carrier ...

  10. Entrepreneurial zeal back in action as budget carriers rush to serve

    Posted Feb 04th 2005, 12:00am by Joseph Lo

    ... Malaysia, Thailand and the mainland have rushed to embrace changing airline sector conditions to launch new carriers serving Asian travellers. What a difference a few short months can make. Since ... the government gained agreement from Beijing authorities in September last year to open up 10 secondary mainland cities for operations by a second Hong Kong carrier each year. Given that Cathay ...




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