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  • October 23, 2014
  • Last updated: 6:27pm
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  1. Business - Companies - AVIATION

    Hong Kong spells out status rules for airlines

    Posted Oct 20th 2014, 05:05am by SIJIA JIANG, NICK EDWARDS

    ... "public interests". "Factors such as ultimate management and control of the business, the relationship between the applicant and other foreign airlines, the place where the major ... among foreign airlines that fly here. Hong Kong is served by close to 20 low-cost carriers, including Hong Kong Express Airways- the only home-based one controlled by Hainan Airlines' ...

  2. Business - Money - AVIATION

    Blackstone loan fund taps revival in luxury jet market

    Posted Oct 21st 2014, 04:39am by Bloomberg

    ... Bloomberg in Orlando, Florida Lenders return to business projected to reach US$280b over next decade Blackstone fund taps revived luxury jet market Blackstone, vying with financiers including Citigroup, is starting a new fund to provide loans for a luxury ...

  3. News - World - AVIATION

    Passenger on downed flight MH17 was wearing oxygen mask: investigators

    Posted Oct 09th 2014, 11:07pm by AP

    ... shooting it down. Relatives of the Australian passenger were told about the mask as soon as it was discovered, but others heard about it for the first time on Dutch television when Dutch Foreign Minister Frans Timmermans mentioned it during an interview on a late-night talk show on Wednesday. The Foreign Ministry later said he regretted his comments. Timmermans said: "I have ...

  4. Business - Companies - AVIATION

    Business jet slump fails to deter new players

    Posted Sep 29th 2014, 03:58am by SIJIA JIANG

    ... aviation airports. In contrast, the US has nearly 3,000 general aviation airports, heliports, and seaplane bases. Minsheng has invested in what it claims to be the mainland's first business ...

  5. Business - China Business - AVIATION

    Comac's C919 jet to complete assembly by September 2015

    Posted Sep 25th 2014, 06:26am by SIJIA JIANG

    ... and which is currently dominated by foreign aircraft manufacturers such as Boeing and Airbus. The C919 was meant to be China's first indigenously built large plane. Its suppliers include ...

  6. Business - China Business - AVIATION

    Tianjin leads China in plane leasing

    Posted Sep 22nd 2014, 04:28am by SIJIA JIANG

    ... policies. The mainland's aircraft leasing market was dominated by foreign lessors until 2007, when state-owned banks were allowed to own leasing subsidiaries and rapidly increased their market ... the financial crisis and the US credit crunch, many foreign lessors were phasing out of the Chinese market and we saw the opportunity," Cheng said. The company's portfolio consists mainly ...

  7. News - World - AVIATION

    At least half of Air France flights cancelled as pilots' strike bites

    Posted Sep 15th 2014, 10:28pm by AP

    ... announced an investment plan last week aimed at saving €1 billion (HK$9.9 billion) over several years, and said it would transfer much of its European operations- and jobs- to low-cost carrier ...

  8. Business - Companies - AVIATION

    Cargo revival hinges on US economy, says Cathay

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

    ... business, has made hefty investments in freight. In June, it said it would inject 980 million yuan (HK$1.2 billion) into Air China Cargo, its 49 per cent owned joint venture with Air China, which ... investment with capacity for 2.6 million tonnes. Osinga said global cargo traffic has grown 3 per cent this year. Cathay’s Woodrow added; “Hopefully the peak season will begin a little bit earlier ...

  9. News - Asia - AVIATION

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

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

    ... experts had said was necessary for a successful makeover. Khazanah Nasional, the state investment company that owns 69 per cent of the airline, said the overhaul included forming a new company to take over the existing business and its reduced staff. The revamp and new investment in the carrier will cost about 6 billion Malaysian ringgit (HK$14.7 billion). Analysts say the staff cuts ...

  10. News - Asia - AVIATION

    Malaysia Airlines renames 'bucket list' contest after outcry from families

    Posted Sep 05th 2014, 01:22am by AP

    ... shareholder, state investment company Khazanah, last week announced it would cut 6,000 jobs at Malaysia Airlines and scale back routes as part of a US$1.9 billion overhaul. Danica Weeks, whose husband ...




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