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  • October 24, 2014
  • Last updated: 11:43pm
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  1. Business - China Business - AVIATION

    Tianjin leads China in plane leasing

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

    ... Ireland- the world's main aircraft leasing centre with various tax benefits- remained the most preferred platform, followed by Singapore. ICBC Leasing, which has nearly half of its 200 ...

  2. News - World - AVIATION

    British Airways boss Willie Walsh calls for UN inventory on missiles

    Posted Aug 03rd 2014, 06:53am by GDN

    ... at a distance of approximately 2km incoming artillery from where we were, and that was too close to continue," said Alexander Hug, deputy chief monitor with the Organisation for Security ...

  3. 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

    ... industry experts believe airfare rises of as much as 10 per cent could be needed to compensate for the lost income, a sufficiently large bite to trigger disclosure statements to stock exchanges. ...

  4. 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 ...

  5. Business - Companies - AVIATION

    Airline profit surge masks thin margins, says Iata

    Posted Jun 03rd 2014, 01:30am by BLOOMBERG AND REUTERS

    ... Bloomberg Profit surge masks thin margins, says Iata Airline industry earnings are forecast to reach a record this year on surging gains in the United States, but they mask margins too thin to provide any real resilience to economic setbacks, the International Air Transport Association said. Carriers would earn US$18 billion in combined net income, Iata chief executive Tony ...

  6. Business - China Business - AVIATION

    Shanghai urged to relax offshore finance

    Posted Nov 25th 2013, 03:52am by Charlotte So

    ... to a 7 to 15 per cent withholding tax on the interest, a quota and approval from the People's Bank of China. The withholding tax on offshore financing was waived by the Singapore government ... that even if the restrictions on offshore yuan finance were relaxed, not all aircraft leasing companies could benefit. "Unless the lessor has yuan income, it has to swap the [US] dollars ...

  7. Business - China Business - AVIATION

    China Southern's income dips 29pc

    Posted Oct 29th 2012, 12:00am by BLOOM

    ... Bloomberg China Southern's income dips 29pc China Southern Airlines, the nation's biggest carrier by passenger numbers, reported a 29 per cent drop in third-quarter profit on rising operating costs and currency fluctuations. Net income declined to 2.22 billion yuan (HK$2.73 billion) from 3.13 billion yuan a year earlier, the company said in a filing to the Shanghai ...

  8. Business - China Business - AVIATION

    Weak passenger revenues could offset fuel cost savings at Big Three airlines

    Posted Mar 21st 2014, 10:47am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Lower fuel costs fail to offset higher tax and decline in travel demand at mainland airlines Weak passenger yields may squeeze Big Three Weak passenger ... mile, which stemmed from a tax reform last summer and a decline in demand for seats in the front end of the cabin. The shift to a higher value-added tax from the general sales tax trimmed ...

  9. Business - Companies - AVIATION

    Qantas chief resets plan to make airline profitable as losses build

    Posted Mar 01st 2014, 01:14am by BLOOM

    ... A$466 million in net income since Joyce took over in 2008, according to data. Australia's biggest airline posted 18 consecutive annual profits up to 2011. Under Joyce, Qantas's market ...

  10. News - World - AVIATION

    Beijing applauds EU freeze on aviation carbon tax

    Posted Nov 14th 2012, 12:00am by Toh Han Shih

    ... at EU's carbon tax freeze China, along with the aviation industry, has applauded the European Union's suspension of its carbon tax for one year on flights to and from non-EU countries. The tax faced bitter opposition from Beijing and the rest of Asia. Foreign Ministry spokesman Hong Lei welcomed the EU's move, according to the ministry's website. China would take part ...




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