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  • October 2, 2014
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  1. Business - Companies - AVIATION

    Business jet slump fails to deter new players

    Posted Sep 29th 2014, 03:58am by SIJIA JIANG

    ... may have already dented the mainland's already struggling private jet industry but that has not stopped new players entering the market with innovative business models. Warren ... to provide charter services with two Hawker jets based in Zhuhai. Minsheng Bank's Minsheng Financial Leasing (MSFL), which dominates the mainland market with more than 180 business jets, also ...

    http://www.scmp.com/business/companies/article/1603534/business-jet-slump-fails-deter-new-players
  2. Business - Companies - AVIATION

    Airbus raises jet demand forecast on China growth

    Posted Sep 25th 2014, 09:31am by Reuters

    ... Reuters in Toulouse, France Airbus raised its 20-year forecast for jet demand, citing growth in emerging markets, with China on the brink of becoming the world’s aviation powerhouse. ... as the world’s largest domestic market within a decade, Airbus sales chief John Leahy said in an interview. Airbus and US rival Boeing are the only manufacturers of wide-body, long-distance jets. ...

    http://www.scmp.com/business/companies/article/1600038/airbus-raises-jet-demand-forecast-china-growth
  3. Business - China Business - AVIATION

    Comac's C919 jet to complete assembly by September 2015

    Posted Sep 25th 2014, 06:26am by SIJIA JIANG

    ... Sijia Jiang in Shanghai sijia.jiang@scmp.com China's answer to Boeing and Airbus in the narrow body market has secured 400 orders Comac says jet will not be ready for another year ... The delayed project is China's answer to Boeing and Airbus in the narrow body market. The plane has secured 400 orders from 16 customers, Tian said. ARJ21, Comac's 70-seat regional jet, has ...

    http://www.scmp.com/business/china-business/article/1599873/comacs-c919-jet-complete-assembly-september-2015
  4. Business - China Business - AVIATION

    Tianjin leads China in plane leasing

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

    ... Sijia Jiang in Tianjin sijia.jiang@scmp.com Tianjin leads mainland in plane leasing China's US$400 billion aircraft leasing market is heatting up, with Tianjin emerging ... policies. The mainland's aircraft leasing market was dominated by foreign lessors until 2007, when state-owned banks were allowed to own leasing subsidiaries and rapidly increased their market ...

    http://www.scmp.com/business/china-business/article/1597686/tianjin-leads-china-plane-leasing
  5. News - Asia - AVIATION

    Malaysia Airlines to delist from stock exchange after MH17, MH370 crises

    Posted Aug 08th 2014, 10:58am by AP, AFP

    ... Agencies in Kuala Lumpur Troubled carrier suspends share trading as it reels from fallout of twin tragedies Malaysia plans to delist Malaysia Airlines from stock exchange, which would make ... disasters of flights MH370 and MH17. In a statement filed with the Kuala Lumpur stock exchange, the flag carrier said it suspended trading at the request of majority shareholder Khazanah Nasional ...

    http://www.scmp.com/news/asia/article/1569016/malaysia-airlines-delist-stock-exchange-after-mh17-mh370-crises
  6. 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
  7. Business - Companies - AVIATION

    Hainan Airlines profit down 25.35pc

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

    ... passengers, 15.62 per cent more than in the same period last year, the company said in a filing with the Shanghai Stock Exchange. The airline is the mainland's fourth-largest after state-owned ... 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 - 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
  9. 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
  10. 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

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