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  • September 19, 2014
  • Last updated: 11:17pm
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  1. Business - Companies - AVIATION

    Ryanair gears up for new price war with purchase of 100 Boeing jets

    Posted Sep 09th 2014, 10:06am by Reuters

    ... of the single-aisle plane that will allow it to squeeze in more passengers and ramp up price wars over air fares. The Irish airline also secured options on 100 more of the modified 737 MAX 8s, dubbed the 737 ... the deal. “I hope it will hasten in an era of a new price war in Europe over the next 10 years, which, like all the old price wars, Ryanair will win.” O’Leary said the new planes, which will have ...

  2. Business - China Business - AVIATION

    China Aircraft Leasing to buy four Airbus A320s for US$375.6m

    Posted Aug 26th 2014, 09:29am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com China Aircraft Leasing has reached an agreement with Airbus to buy four Airbus A320 aircraft for an aggregate basic price of about US$375.6 million (HK$2.9 billion), it said on Tuesday. The basic price includes the airframe, optional features and engine. The company also said in a statement to the Hong Kong stock exchange that it had signed ...

  3. Business - Companies - AVIATION

    Air China blames yuan depreciation for 55.42pc fall in first-half profit

    Posted Aug 27th 2014, 11:17am by SIJIA JIANG

    ... increased 64 per cent to 2.3 billion yuan. Jefferies analyst Boyong Liu said that was mainly because of “lower fuel price, higher government subsidies and improving cost efficiencies”. Yield, which ...

  4. Business - Companies - AVIATION

    Revenue boost for two mainland aviation firms on helicopter sales

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

    ... to be announced regarding general aviation development in China may provide share-price support to counter the weak results." The mainland's National Airspace Management Committee has rolled out ...

  5. Business - Companies - AVIATION

    Cheung Kong in talks to buy aircraft from leasing firm

    Posted Aug 04th 2014, 09:25am by SIJIA JIANG, Toh Han Shih

    ... said "US$5 billion for 100 aircraft sounds a bit high, which would average US$50 million per aircraft", adding the transaction price of a new A320, Airbus' best-selling ...

  6. News - World - AVIATION

    US limits on drone use may impede research, some academics say

    Posted Jul 28th 2014, 09:41pm by AP

    ... And the price of unmanned aircraft has been dropping, making them more affordable for researchers and other users. The FAA allows hobbyists in the US to use model aircraft or small drones so long ...

  7. News - China - AVIATION

    Couple who survived Taiwan air crash rescued schoolgirl from wreckage

    Posted Jul 25th 2014, 04:15am by Andrea Chen

    ... despite being pinned beneath seats, Central News Agency said. Suffering from burns to her back and legs, she managed to run to a nearby house to call her father for help, the agency quoted him ...

  8. Business - China Business - AVIATION

    Flight curbs in China could hurt airlines, drive airfares up, analysts say

    Posted Jul 23rd 2014, 01:48pm by SIJIA JIANG

    ... China Eastern said its profit would be less than 50 million yuan. Patrick Xu, an analyst at Barclays, estimated that a 10 per cent increase in ticket prices would be needed to compensate ...

  9. News - Hong Kong - AVIATION

    Union hopes 'world's best airline' will reward staff

    Posted Jul 17th 2014, 04:23am by Ernest Kao

    ... industry challenges, such as low passenger yields and ticket prices, according to Andrew Orchard, an aviation analyst for CIMB Securities. He added that future challenges would likely be from the competition- low-cost and rival mainland carriers that would push down prices and yields. The airline tripled its net profit last year to HK$2.62 billion, largely on the back of savings in fuel costs ...

  10. News - Hong Kong - AVIATION

    Number of people trying to smuggle weapons through Hong Kong airport triples

    Posted Jul 10th 2014, 04:30am by Lana Lam

    ... Bureau," Yiu said yesterday, referring to the body which oversees the Airport Authority. The Secretary for Transport and Housing Anthony Cheung Bing-leung, in a written reply to Yiu, said Avseco ...




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