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  • April 17, 2014
  • Last updated: 11:43pm
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  1. Business - Companies - AVIATION

    Virgin's Branson issues warning over state support for rival Qantas

    Posted Feb 17th 2014, 04:47am by AFP

    ... Australian government help for national carrier Qantas Airways, urging business to "think twice" about investing in the country. Branson, whose Virgin Australia carrier is in direct ... limits on foreign investment or provide state intervention to help shore up its bottom line as it battles record fuel costs and fierce competition from subsidised rivals. The Australian carrier ...

  2. News - Asia - AVIATION

    Another Dreamliner jet is grounded

    Posted Jan 16th 2014, 03:53am by AFP

    ... JAL's domestic rival All Nippon Airways also said yesterday it would continue flying the plane. The pair are the aircraft's two biggest customers and have invested heavily in its success. ...

  3. News - World - AVIATION

    1 Mexican dies, 2 injured in fiery plane crash in Aspen, Colorado

    Posted Jan 07th 2014, 12:13am by AP

    ... a midsized private jet. The aircraft is registered to the Bank of Utah in Salt Lake City, according to Federal Aviation Administration records. Bank officials did not immediately respond to phone ...

  4. 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 in the 1990s as it wanted to promote the city state as an aviation financial hub. Meanwhile, overseas investors are looking for yuan investment products, banking on the appreciation in the currency. ...

  5. Business - China Business - AVIATION

    China clears way for global travel networks

    Posted Jan 13th 2014, 12:27am by Denise Tsang

    ... is so large that it can allow multiple players." He also said Abacus would plough in more investment in technology and product solutions. Abacus counts regional airlines such as All Nippon ...

  6. Business - Companies - AVIATION

    Taiwan airlines join budget race amid shift in demand

    Posted Jan 02nd 2014, 01:41am by Ralph Jennings

    ... Ralph Jennings in Taipei bizpost@scmp.com China Airlines and TransAsia look to offer discount services as travellers increasingly opt for the restrictive cost savings of no-frills carriers Taiwan airlines join budget race amid shift in demand Two Taiwanese airlines that are playing catch-up in the island's budget flight market are banking on a shift in local passengers' ...

  7. News - World - AVIATION

    US air travellers could face increasing congestion, studies show

    Posted Dec 11th 2013, 09:07pm by NYT

    ... efficiency at airports would be to raise the airport passenger facility charge to US$8.50 from the current US$4.50 to provide airports with additional revenue for investment to be consistent ... in part by US Travel, examined the current infrastructure at six major airports and the economic impact of inadequate investment. "There is a recognition that if we don't invest ...

  8. Business - Companies - AVIATION

    AIG turns to AerCap to sell jet business

    Posted Dec 14th 2013, 01:40am by BLOOM

    ... sale agreement has suffered several missed deadlines by the original group of investors led by Hong Kong-based P3 Investments. AIG chief executive Robert Benmosche also has said he may pursue ...

  9. Business - Companies - AVIATION

    Airlines urged to use bonds to fund purchases

    Posted Nov 16th 2013, 03:11am by Charlotte So

    ... from the expiry of the charter of the United States' Export-Import Bank, Martin said. US exporters such as Boeing rely on the bank's facilities to sell their planes overseas. Ronald ... In Asia-Pacific, airlines were overly reliant on banks and export credits, Martin said, with the practice creating long-term budget pressures. BOC Aviation priced its first offshore yuan bond this week. ...

  10. Business - Companies - AVIATION

    China airlines to buy 200 Boeing 737 Max planes in US$20.7b deal: sources

    Posted Oct 25th 2013, 11:14am by Reuters

    ... via the national procurement agency, China Aviation Supplies, as well as leasing firms associated with the country’s banks, the sources said. China Aviation Supplies could not be immediately ...




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