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  • July 11, 2014
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  1. News - China - AVIATION

    Ticket to the market: State-run China Eastern Airlines launches new budget carrier

    Posted Jul 02nd 2014, 05:31pm by Reuters

    ... Southern Airlines to follow suit. China Eastern Airlines intends to bring in a strategic or financial investor to shore up the budget carrier, Liu said, without giving further details. China United ...

  2. Business - China Business - AVIATION

    China United Airlines converted into budget carrier

    Posted Jul 03rd 2014, 02:08am by SIJIA JIANG

    ... studies," said Will Horton, senior analyst for North Asia at the Centre for Aviation, an industry data provider. Andrew Orchard, analyst at CIMB Securities, said the mainland's LCC market had ...

  3. Business - Companies - AVIATION

    Tiger Airways shuts down Indonesian budget airline Mandala

    Posted Jun 20th 2014, 12:59am by BLOOM

    ... that carriers face in this region," said Brendan Sobie, a Singapore-based analyst at Capa Centre for Aviation. "Low-cost carriers are definitely in a vulnerable position." Mandala's financial results reflected the challenges it was facing in the difficult operating environment, Tiger Airways chief executive Lee Lik Hsin said. Economic growth in Southeast Asia has enabled more ...

  4. News - Hong Kong - AVIATION

    Hong Kong Airlines passengers stage 18-hour sit-in on plane over flight cancellation

    Posted Jun 22nd 2014, 04:30am by Ada Lee

    ... attitude, and that it should offer them "a reasonable amount of financial compensation". People's Daily showed letters sent to the passengers promising HK$800 each in compensation ...

  5. Business - Companies - AVIATION

    Airbus vows not to rush A330 revamp

    Posted Jun 14th 2014, 04:21am by Reuters

    ... financially and played down the impact of a major order cancellation this week. "We believe that at the end of the decade we will have not only the A320, the A330, but also the A350 very profitable. On the A380, our goal is to break even. If we have that, the financial challenges that you know for Airbus will be met," he said. Some analysts have expressed concerns over ...

  6. News - Hong Kong - AVIATION

    Cathay Pacific explores online auction for seat upgrades

    Posted May 29th 2014, 12:40pm by DANNY LEE

    ... "Operational and staff upgrades could certainly decrease," said Will Horton, an analyst at the Centre for Aviation. Horton added there was likely to be distrust from passengers, but he urged ...

  7. News - Asia - AVIATION

    Boeing 777 at centre of Malaysia Airlines disappearance had clocked up 'normal' 20,000 hours' flying time

    Posted Mar 08th 2014, 02:09pm by DANNY LEE, Lana Lam, AGENCIES

    ... CAPA Centre for Aviation, the average age of Malaysia Airlines’ 15 Boeing 777-200ER planes is 14.3 years. The average age of its entire fleet of 93 aircraft is four-and-a-half years. Malaysia ...

  8. Business - China Business - AVIATION

    China's first large airliner delayed by technology problems

    Posted May 22nd 2014, 01:19am by Daniel Ren

    ... in 2018, a senior official at its state-owned manufacturer said yesterday. Commercial Aircraft Corp of China (Comac) chief financial officer Tian Min said assembly work would start in the second ...

  9. Business - Companies - AVIATION

    Loss-making Qantas to lay off dozens of pilots

    Posted May 14th 2014, 01:33pm by AFP

    ... the Australian Financial Review said. Qantas previously said it would retire both the ageing Boeing models as part of its plan to save A$2 billion (HK$14.5 billion) over the next three years, chief ...

  10. News - World - AVIATION

    Florida regional airliner's near-miss with drone prompts FAA warning

    Posted May 11th 2014, 06:27am by Reuters

    ... are already permitted. Last year, the agency began establishing sites where businesses could test commercial uses for unmanned aircraft. Two of the centres have started working ahead of schedule. ...




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