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  • July 25, 2014
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  1. Business - Companies - AVIATION

    Chinese place a third of Airbus A320 orders at Farnborough Airshow

    Posted Jul 18th 2014, 02:57am by SIJIA JIANG

    ... family aircraft worth US$7.7 billion. This follows an order on Wednesday for 43 A320 planes from BOC Aviation, the offshore aircraft leasing subsidiary of Bank of China based in Singapore. ... largest lenders plus policy bank China Development Bank joined the competition since 2007 when the China Banking Regulatory Commission allowed the creation of bank-owned aircraft leasing ...

    http://www.scmp.com/business/companies/article/1555918/chinese-place-third-airbus-a320-orders-farnborough-airshow
  2. News - Hong Kong - AVIATION

    Hong Kong Airlines passengers stage 18-hour sit-in on plane over flight cancellation

    Posted Jun 22nd 2014, 04:30am by Ada Lee

    ... customer forced to make 16,000-kilometre trip to access account after bank blunder The passengers are understood to have left the plane at about 3pm yesterday after the airline increased its ...

    http://www.scmp.com/news/hong-kong/article/1537939/hong-kong-airlines-passengers-stage-18-hour-sit-payout-over
  3. News - Hong Kong - AVIATION

    Hong Kong Airlines staff may stage 'No Putonghua' protest after sit-in

    Posted Jun 24th 2014, 04:25am by Phila Siu

    ... last Friday has served food and handed out blankets to the passengers. Some crew members even lent the protestors their portable phone "power banks". "But the passengers took ...

    http://www.scmp.com/news/hong-kong/article/1539149/hong-kong-airlines-staff-may-stage-no-putonghua-protest-after-sit
  4. Business - Companies - AVIATION

    Airbus vows not to rush A330 revamp

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

    ... Reuters in Toulouse Airbus vows not to rush A330 revamp Airbus has mapped out a potential revamp of its A330 jet but vowed not to let the estimated US$2 billion investment divert it from improving profits at Europe's largest aerospace group. Fabrice Bregier, the chief executive of the plane-making unit of Airbus Group, said the firm would decide whether to launch a re-engined ...

    http://www.scmp.com/business/companies/article/1532083/airbus-vows-not-rush-a330-revamp
  5. News - World - AVIATION

    Search for cause of jet crash that killed seven people outside Boston

    Posted Jun 02nd 2014, 10:26pm by APSPT

    ... fortune investing in parking lots and the New York Yankees' cable network. He once owned the NBA's New Jersey Nets and the NHL's New Jersey Devils and in 2012 became a minority ...

    http://www.scmp.com/news/world/article/1524002/search-cause-jet-crash-killed-seven-people-outside-boston
  6. Business - China Business - AVIATION

    Shandong Airlines orders 50 Boeing aircraft for US$4.6 billion

    Posted Apr 23rd 2014, 12:50am by AFP

    ... by several government shareholders including Air China and Shandong Economic Development and Investment. Fierce rivals Boeing and European consortium Airbus have locked horns in a battle ...

    http://www.scmp.com/business/china-business/article/1494690/shandong-airlines-orders-50-boeing-aircraft-us46-billion
  7. News - World - AVIATION

    Teen stowaway who survived in wheel well of five-hour flight forces security review

    Posted Apr 21st 2014, 01:36pm by Associated Press in Honolulu

    ... for the Israeli airline El Al who now runs his own firm, Yeffet Security Consultants, said the breach shows that U.S. airport security still has weaknesses, despite billions of dollars invested. “Shame ...

    http://www.scmp.com/news/world/article/1493473/boy-stowaway-survives-cold-inside-wheel-well-us-flight-11500-metres-above
  8. 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 ...

    http://www.scmp.com/business/companies/article/1429237/virgins-branson-issues-warning-over-state-support-rival-qantas
  9. 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. ...

    http://www.scmp.com/business/china-business/article/1364826/shanghai-urged-relax-offshore-finance
  10. 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. ...

    http://www.scmp.com/news/asia/article/1406360/another-dreamliner-jet-grounded

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