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  • July 22, 2014
  • Last updated: 6:07pm
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  1. 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 ...

  2. 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 ...

  3. News - China - AVIATION

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

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

    ... will continue to fly to 54 domestic cities but with tickets priced at a 20-40 per cent discount to the fares it sold as a full-service carrier, its President Zhang Lanhai added. It could also expand ...

  4. Business - Companies - AVIATION

    Airbus vows not to rush A330 revamp

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

    ... such as cheaper maintenance and a lower price for the A330 and has clashed with Boeing over which plane is lighter. It said strong sales had surprised even its own experts. "The 787 promised ... the A330 revamp as a distraction from the 787's innovations but has pledged to "react" in a sign that it may be tempted to shift its pricing strategy. Airbus insisted it was looking ...

  5. Business - Companies - AVIATION

    Firm fuel prices force Asian airlines into hedging

    Posted Apr 16th 2014, 01:21am by Reuters

    ... Reuters in Singapore Move indicates carriers expect little movementin costs, putting pressure on profits Firm fuel prices force Asian airlines into hedging Top Asian airlines are hedging a substantial portion of their jet fuel usage this year, signalling they expect prices of the fuel to be firm and indicating sustained pressure on their profit margins. Jet fuel makes up at least 30 per ...

  6. News - World - AVIATION

    Private jets are not just for celebrities

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

    ... (HK$5,800) an hour, with technology and competition helping to bring down prices. A growing number of firms offering such flights have emerged in recent years, some employing online facilities ... from a certain destination at a fixed date, but at a price that could be as much as 75 per cent lower than standard rates. The price listed for an "empty leg" flight on a seven-seater ...

  7. News - Hong Kong - AVIATION

    Cathay Pacific explores online auction for seat upgrades

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

    ... at cheaper prices, allowing it to fly fully booked more often.The plan would open up all available premium seat upgrades to all passengers. "Customers would be invited to place an offer ...

  8. News - Hong Kong - AVIATION

    Summer holiday flights under threat as Cathay pay talks break down

    Posted May 25th 2014, 05:15am by Simon Parry

    ... housing and basing. It said more talks were scheduled. "It is the company's expectation that we will continue negotiations," Cathay said. "Cathay Pacific has shown throughout ...

  9. Business - China Business - AVIATION

    China's first large airliner delayed by technology problems

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

    ... secured. Comac said the one big advantage it had over rivals was pricing. "We put a focus on cost control to make sure our planes are competitive on price," Tian said. Comac is set ...

  10. Business - Economy - AVIATION

    Hong Kong's role as air hub doomed unless third runway is built soon

    Posted Apr 09th 2014, 02:09pm by DAVID DODWELL

    ... with our current administration. We should all be anxious about the price we will pay for procrastination. David Dodwell is the executive director of the Hong Kong-Apec Trade Policy Group ...




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