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  • October 26, 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

    ... aviation airports. In contrast, the US has nearly 3,000 general aviation airports, heliports, and seaplane bases. Minsheng has invested in what it claims to be the mainland's first business ... Sijia Jiang sijia.jiang@scmp.com Business jet clubs still being launched despite slowing economy and anti-graft campaign Jet slump fails to deter new players The crackdown on corruption ...

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

    Blackstone loan fund taps revival in luxury jet market

    Posted Oct 21st 2014, 04:39am by Bloomberg

    ... Bloomberg in Orlando, Florida Lenders return to business projected to reach US$280b over next decade Blackstone fund taps revived luxury jet market Blackstone, vying with financiers ... the world's largest alternative-asset manager, to a growing roster of lenders taking advantage of a business-aviation rally. The fund says it will be able to finance as much as US$2.5 billion in plane ...

    http://www.scmp.com/business/money/markets-investing/article/1620806/blackstone-loan-fund-taps-revival-luxury-jet-market
  3. Business - Companies - AVIATION

    Cargo revival hinges on US economy, says Cathay

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

    ... Sijia Jiang sijia.jiang@scmp.com Cargo revival hinges on US economy, says Cathay Cathay Pacific, one of the world's largest cargo carriers, is hoping the Christmas season will start ... product launches and recovery in the US economy, said Cathay's cargo director James Woodrow. Speaking to the South China Morning Post in Zhengzhou, where Apple's new iPhone 6 is being ...

    http://www.scmp.com/business/companies/article/1592729/cathay-pacific-cargo-revival-hinges-festive-us-buyers
  4. Business - Companies - AVIATION

    Airbus Helicopters sees China, Hong Kong as biggest global market in 6 years

    Posted Oct 22nd 2014, 02:33pm by Reuters

    ... assembling business jets in China, while Gulfstream Aerospace Corp and Dassault Falcon are adding service and maintenance centres there. Airbus is the market leader in China. In July, it announced ...

    http://www.scmp.com/article/1622123/airbus-helicopters-sees-china-hk-biggest-global-market-6-years
  5. Business - Companies - AVIATION

    Hong Kong spells out status rules for airlines

    Posted Oct 20th 2014, 05:05am by SIJIA JIANG, NICK EDWARDS

    ... became an equal shareholder in June last year. The Basic Law requires airlines that want to establish in Hong Kong to prove they have their "principal place of business" in the city ... "public interests". "Factors such as ultimate management and control of the business, the relationship between the applicant and other foreign airlines, the place where the major ...

    http://www.scmp.com/business/companies/article/1620169/hong-kong-spells-out-status-rules-airlines
  6. Business - Companies - AVIATION

    HK Express hopes to be in black after only two years as budget carrier

    Posted Oct 14th 2014, 04:48am by SIJIA JIANG

    ... LCCs that operate in the city. But LCCs accounted for less than 6 per cent of the air-travel market in Hong Kong, compared with 30 per cent in Europe and the US, and up to 60 per cent ... as measured by cost per available seat kilometre- an indicator of airline capacity- had been cut to five US cents since HK Express became a budget airline, while passenger load factor, a measure ...

    http://www.scmp.com/business/companies/article/1615948/hk-express-hopes-be-black-after-only-two-years-budget-carrier
  7. News - Asia - AVIATION

    Mitsubishi rolls out Japan's first commercial aircraft since 1960s

    Posted Oct 18th 2014, 03:50am by Reuters

    ... will roll out Japan's first commercial jet in more than 50 years today, amid doubts its ambition to sell more than 2,000 of the planes can match reality. Developed for US$1.9 billion by a subsidiary of Mitsubishi Heavy Industries that includes Toyota as a shareholder, the US$42 million regional jet, with just under 100 seats, is Japan's second bid at breaking into the commercial ...

    http://www.scmp.com/news/asia/article/1618698/mitsubishi-rolls-out-japans-first-commercial-aircraft-1960s
  8. Business - China Business - AVIATION

    China Aircraft Leasing to buy four Airbus A320s for US$375.6m

    Posted Aug 26th 2014, 09:29am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com China Aircraft Leasing has reached an agreement with Airbus to buy four Airbus A320 aircraft for an aggregate basic price of about US$375.6 million (HK$2.9 billion), it said on Tuesday. The basic price includes the airframe, optional features and engine. The company also said in a statement to the Hong Kong stock exchange that it had signed ...

    http://www.scmp.com/business/china-business/article/1580735/china-aircraft-leasing-buy-four-airbus-a320s-us3756m
  9. Business - Companies - AVIATION

    German pilots plan strike at Lufthansa’s cargo unit

    Posted Oct 07th 2014, 11:16am by Reuters

    ... Reuters in Frankfurt German pilots union VC has again called a strike at Deutsche Lufthansa in a dispute over retirement benefits, targeting the airline’s cargo unit. The strike at Lufthansa, Germany’s largest airline, is the sixth by its pilots this year ...

    http://www.scmp.com/business/companies/article/1611286/german-pilots-plan-strike-lufthansas-cargo-unit
  10. News - World - AVIATION

    Drug use by US pilots up fourfold since 1990, fatal crash tests show

    Posted Sep 10th 2014, 09:58pm by Bloomberg

    ... Bloomberg in Washington Crash reports show fourfold rise since 1990, with some users' performance affected Tests on US pilots find big increase in drug use Four times more US pilots ... wouldn't affect the ability to fly a plane, some of the drugs, including pain medication and sleep aids, would hurt performance, according to a report released on Tuesday by the US National ...

    http://www.scmp.com/news/world/article/1589519/drug-use-us-pilots-fourfold-1990-fatal-crash-tests-show

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