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  • August 20, 2014
  • Last updated: 2:13pm
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  1. Business - China Business - AVIATION

    China aircraft leasing market thrives but glut lurks

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

    ... to the long-term nature of the order periods. "The global airline industry is highly cyclical and prone to exogenous shocks," Fitch said. "Aircraft lessors have enjoyed minimal credit ...

  2. News - World - AVIATION

    British Airways faces strike threat over junior cabin crew pay

    Posted Jun 23rd 2014, 09:09pm by GDN

    ... easyJet and Ryanair. Unions claim many BA cabin crew rely on working tax credits to supplement basic salaries, believed to be a little over £12,000 (HK$158,000), though the airline says earnings ...

  3. Business - Companies - AVIATION

    Dogfight on the cards as more low-cost carriers launch in the region

    Posted Jan 13th 2014, 12:27am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com More low-cost carriers will soon be launched in the region, promising a stiff Battle with full-service airlines for passengers and landing slots at airports Dogfight on the cards A dogfight is looming in the horizon as more budget carriers come on stream, bringing them head-to-head with the likes of Cathay Pacific Airways, China Southern ...

  4. News - World - AVIATION

    Private jets are not just for celebrities

    Posted May 26th 2014, 06:03am by AFP

    ... hold cards that entitle them to a certain number of flight hours every year. Clement Lauriot-Prevost, NetJets associate director for Europe, said his company was not only a cost effective ...

  5. News - China Insider - AVIATION

    Air China faces heat for allegedly sneaking Red Cross official past closed boarding gate

    Posted Apr 10th 2014, 05:39pm by Amy Li

    ... Amy Li chunxiao.li@scmp.com Airline denies it let elite-card-toting executive on flight while refusing to let another late passenger board An Air China official batted down accusations ... Phoenix Miles Platinum card holders like Zhao did not include the right to board planes after gates are shut. The cardholder has to fly one million Air China miles to qualify for that membership, ...

  6. News - World - AVIATION

    Teen stowaway who survived in wheel well of five-hour flight forces security review

    Posted Apr 21st 2014, 01:36pm by Associated Press in Honolulu

    ... in Nigeria survived a 35-minute trip in the wheel well of a domestic flight after stowing away. Authorities credited the flight’s short duration and its altitude of about 25,000 feet (7620 meters). ...

  7. News - World - AVIATION

    Air France crew asks passengers for fuel cash on emergency landing in Damascus

    Posted Aug 18th 2012, 12:00am

    ... after Syrian authorities refused credit card payment to refuel the aircraft, the French airline said. Ultimately, it found an alternative arrangement, it said. The plane that was headed ... not to be identified. On landing, the local airport authorities said they could not accept a credit card payment and would only take cash, an Air France spokeswoman said on Thursday. "As a precaution ...

  8. Business - Companies - AVIATION

    Jetstar Hong Kong grounds 7 new Airbus planes as licence approval delayed

    Posted Jan 09th 2014, 11:37am by Charlotte So

    ... Airways and Hong Kong Airlines. Chief Executive Leung Chun-ying is reviewing the application, which could end up in court. Meanwhile, Qantas had its credit rating downgraded to junk ...

  9. Business - Companies - AVIATION

    Spring Airlines to offer passenger cars in its in-flight catalogue

    Posted Mar 12th 2013, 12:00am by CHALOTTE SO

    ... sales on board." In April, Spring Air will be able to offer credit card payments on flights through point-of-sale (POS) technology. Passengers could then make the payments for the selected car on credit. The toughest problem being encountered by Spring is how to train its 500-plus cabin crew to become familiar with the different models so that they can promote and sell the cars ...

  10. Business - Companies - AVIATION

    Airlines urged to use bonds to fund purchases

    Posted Nov 16th 2013, 03:11am by Charlotte So

    ... 2010. This figure is expected to shoot up to US$120 billion in 2018. "There will be concerns about export credit, which accounts for one-third of global aircraft finance at present," ... In Asia-Pacific, airlines were overly reliant on banks and export credits, Martin said, with the practice creating long-term budget pressures. BOC Aviation priced its first offshore yuan bond this week. ...




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