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  • September 15, 2014
  • Last updated: 1:39pm
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  1. Business - Companies - AVIATION

    Cargo revival hinges on US economy, says Cathay

    Posted Sep 15th 2014, 04:40am by SIJIA JIANG

    ... a little earlier this year. The last quarter, traditionally a peak season for cargo, may signal the start of a real recovery for the sluggish global cargo market thanks to new hi-tech consumer ... There is a good chance [the iPhone 6] will help improve not only the China market but also the Hong Kong market." Mainland China is Cathay's largest cargo market after Hong Kong, while ...

    http://www.scmp.com/business/companies/article/1592729/cathay-pacific-cargo-revival-hinges-festive-us-buyers
  2. News - Hong Kong - AVIATION

    Cathay pilots mull industrial action after disappointment at 10pc pay offer

    Posted Sep 11th 2014, 04:49am by Phila Siu

    ... "Our pay proposal to our pilots is fair and reasonable, while being market competitive and sustainable in the current operating environment," he said. Pilots based in Europe would get ...

    http://www.scmp.com/news/hong-kong/article/1589698/cathay-pilots-mull-industrial-action-press-airline-raise-pay-offer
  3. Business - Companies - AVIATION

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

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

    ... the carrier’s operating costs, allowing it to take market share from legacy carriers such as Lufthansa, SAS, British Airways and Alitalia. “It means that we’re going to expand and grow very strongly in Europe, both in new markets and in going in and taking traffic away from incumbent carriers,” he said in New York where he and Boeing Commercial Airplanes chief executive Ray Conner signed ...

    http://www.scmp.com/business/companies/article/1588470/ryanair-gears-new-price-war-purchase-100-boeing-jets
  4. Business - Economy - AVIATION

    China key to revival in air-cargo growth

    Posted Sep 04th 2014, 06:21pm by SIJIA JIANG

    ... cargo market and responsible for 39 per cent of the total volume, recorded growth above the worldwide average in 2013, with eastern Asia growing at 4.5 per cent. “China is a very important market and that is why we are here,” said Arun Mishra, regional director of the International Civil Aviation Organisation, the organiser of the first forum of its kind. China represents 45 per ...

    http://www.scmp.com/business/economy/article/1585178/china-key-revival-air-cargo-growth
  5. Business - China Business - AVIATION

    China aircraft leasing market thrives but glut lurks

    Posted Aug 05th 2014, 07:59pm by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com Big mainland Airbus contract lures newcomers to sector, spurring analysts to warn on glut, cyclical swings and high capital requirements Leasing market ... leasing market. Investors keen to cash in include Li Ka-shing, but analysts warn new entrants may risk getting caught out by a glut of planes in the industry. They say deep pockets will be needed ...

    http://www.scmp.com/business/china-business/article/1567066/china-aircraft-leasing-market-thrives-glut-lurks
  6. Business - Companies - AVIATION

    Revenue boost for two mainland aviation firms on helicopter sales

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

    ... increases in revenue fuelled by growth in the helicopter business. Despite disappointment in net profit, market sentiment remains hopeful in anticipation of policy relaxation regarding general ... in the helicopter and avionics business. Net profit grew only 0.54 per cent to 373 million yuan, missing market expectations. Shanghai-listed Hafei Aviation Industry reported revenue of 5.44 billion yuan ...

    http://www.scmp.com/business/companies/article/1580795/avichina-profit-disappoints
  7. Business - Companies - AVIATION

    Hainan Airlines profit down 25.35pc

    Posted Aug 28th 2014, 11:03am by SIJIA JIANG

    ... the three bigger airlines because it mainly focused on the domestic market and regional routes with less competition. "It connects cities to Haikou [where it is based], and those are popular ...

    http://www.scmp.com/business/companies/article/1581390/hainan-airlines-profit-down-6978pc
  8. News - World - AVIATION

    Gadget that stops the passenger in front from reclining their seat sees soaring sales

    Posted Aug 27th 2014, 09:25pm by Bloomberg

    ... Ira Goldman, crashed after traffic surged, and sales rose "substantially" for the US$21.95 plastic clips that have been on the market since 2003. While a product that interferes ...

    http://www.scmp.com/news/world/article/1581261/midair-clash-over-gadget-stops-aircraft-seats-reclining-spurs-sales
  9. Business - Companies - AVIATION

    Bank of China leasing unit to expand fleet with 82 Boeings

    Posted Aug 26th 2014, 01:10am by SIJIA JIANG

    ... BOC Aviation is boosting its fleet is in line with Boeing's and Airbus' market forecast. "It is not aggressive in my book," said Dewey Yee, a consultant with 30 years ... by the need to buy the next generation technology. Boeing's 737 MAX and Airbus' 320neo are the two rivals' latest battleground in the single-aisle market, competing to be the most ...

    http://www.scmp.com/business/companies/article/1580701/bank-china-leasing-unit-expand-fleet-82-boeings
  10. Business - Companies - AVIATION

    ICBC's aircraft-leasing arm aims to double number of planes

    Posted Aug 15th 2014, 05:23pm by Reuters

    ... Reuters in Beijing Mainland lessor to double current levels as firm flies into market dominated by global players ICBC Financing to deliver 300 jets before 2017 ICBC Financial Leasing, ... into a market dominated by global players comes as mainland leasing firms, backed by state lenders, play an increasingly important role in the growing domestic aviation business. Nearly 6,000 new jets, ...

    http://www.scmp.com/business/companies/article/1574223/icbcs-aircraft-leasing-arm-aims-double-plane-deliveries

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