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  • August 30, 2014
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  1. News - China - AVIATION

    Ticket to the market: State-run China Eastern Airlines launches new budget carrier

    Posted Jul 02nd 2014, 05:31pm by Reuters

    ... Reuters in Beijing Subsidiary China United converted into low-cost carrier with 80 Boeing airplanes China Eastern Airlines today launched its budget airline, becoming the first state ... in a US$7.4 billion deal for the budget airline China United, which was created by converting a full-service subsidiary. China United aims to have up to 100 planes in its fleet by 2019 from 26 now, ...

    http://www.scmp.com/news/china/article/1544999/ticket-market-state-run-china-eastern-airlines-launches-new-budget
  2. News - World - AVIATION

    United Airlines plane makes emergency landing after slide inflates

    Posted Jul 01st 2014, 11:21pm by NYT

    ... McClatchy-Tribune in Los Angeles Plane makes emergency landing as chute inflates A flight from Chicago was forced to make an emergency landing in the US state of Kansas after a slide deployed mid-air and inflated inside the plane's cabin. The United Airlines Boeing 737 jet left O'Hare International Airport, bound for Santa Ana in California, with 96 passengers ...

    http://www.scmp.com/news/world/article/1544431/united-airlines-plane-makes-emergency-landing-after-slide-inflates
  3. Business - Companies - AVIATION

    Bank of China leasing unit to expand fleet with 82 Boeings

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

    ... Sijia Jiang sijia.jiang@scmp.com BOC leasing unit to expand fleet with 82 Boeings Bank of China's aircraft leasing subsidiary, BOC Aviation, yesterday announced an order for a total of 82 Boeing planes with a listed value of US$8.8 billion, the largest single order in the lessor's 20-year history. The order, for 50 new fuel-efficient 737 MAX 8s, 30 Next-Generation ...

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

    China United Airlines converted into budget carrier

    Posted Jul 03rd 2014, 02:08am by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com Parent China Eastern says move is intended to create mainland's biggest low-cost airline China United converted into budget carrier China Eastern Airlines has converted fully-owned subsidiary China United Airlines into a budget airline, it said yesterday, making it the first of the mainland's three big, state-owned aviation players ...

    http://www.scmp.com/business/china-business/article/1545105/china-united-airlines-converted-budget-carrier
  5. Business - Companies - AVIATION

    Revenue boost for two mainland aviation firms on helicopter sales

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

    ... Sijia Jiang sijia.jiang@scmp.com Helicopter sales fuel Avic firms' revenues Two aviation manufacturing units of state-owned Aviation Industry Corp of China (Avic) yesterday reported 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 ...

    http://www.scmp.com/business/companies/article/1580795/avichina-profit-disappoints
  6. News - Hong Kong - AVIATION

    UN bid to boost air safety backed after downing of Malaysia Airlines flight

    Posted Aug 28th 2014, 04:56am by DANNY LEE

    ... was shot down over Ukraine last month. The United Nations' International Civil Aviation Organisation (ICAO) said it wanted to change how warnings were issued to prevent the type of attack ... of the country were seized by militant group Islamic State. A Cathay spokeswoman said it "welcomes the ICAO lead coordination and discussion of civil airspace safety… [and] fully supports ...

    http://www.scmp.com/news/hong-kong/article/1581355/un-bid-boost-air-safety-backed-after-downing-malaysia-airlines-flight
  7. 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

    ... of an in-flight squabble on United Airlines flight 1462, which had to touch down in Chicago en route to Denver from Newark, New Jersey. One person installed the device that prevented the woman in front of him from reclining, said Charlie Hobart from United. Upset that her seat was being deliberately locked, the woman eventually threw water at the man, who had refused to remove the device ...

    http://www.scmp.com/news/world/article/1581261/midair-clash-over-gadget-stops-aircraft-seats-reclining-spurs-sales
  8. News - Asia - AVIATION

    After twin disasters, Malaysia Airlines slashes 6,000 jobs in revamp

    Posted Aug 29th 2014, 03:25pm by AP

    ... experts had said was necessary for a successful makeover. Khazanah Nasional, the state investment company that owns 69 per cent of the airline, said the overhaul included forming a new company ...

    http://www.scmp.com/news/asia/article/1581690/malaysia-airlines-cut-6000-staff-overhaul
  9. 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 ...

    http://www.scmp.com/business/companies/article/1581390/hainan-airlines-profit-down-6978pc
  10. Business - Companies - AVIATION

    Air China blames yuan depreciation for 55.42pc fall in first-half profit

    Posted Aug 27th 2014, 11:17am by SIJIA JIANG

    ... measures per unit profitability for airlines, declined 3.33 per cent to 0.58 yuan for its passenger business and 2.53 per cent to 1.54 yuan for cargo. The airline carried a total of 40.14 million ...

    http://www.scmp.com/business/companies/article/1581078/air-china-blames-yuan-depreciation-5542pc-fall-first-half-profit

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