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  • October 26, 2014
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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

    ... of dollars on their balance sheets. When the US is growing, they are going to be importing Chinese goods and that's good for the Chinese economy," he said. While passenger traffic has ... 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 ...

    http://www.scmp.com/business/companies/article/1592729/cathay-pacific-cargo-revival-hinges-festive-us-buyers
  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 including Citigroup, is starting a new fund to provide loans for a luxury-jet market projected to reach US$280 billion over the next decade. The fund's creation adds Blackstone, ...

    http://www.scmp.com/business/money/markets-investing/article/1620806/blackstone-loan-fund-taps-revival-luxury-jet-market
  3. 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
  4. 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
  5. Business - Companies - AVIATION

    Hainan Airlines profit down 25.35pc

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

    ... The yuan declined as much as 3.39 per cent against the US dollar in the first four months of the year after steadily appreciating in the past decade. The weakening of the yuan has badly hit mainland airlines with large dollar-based debt. ...

    http://www.scmp.com/business/companies/article/1581390/hainan-airlines-profit-down-6978pc
  6. 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
  7. News - World - AVIATION

    US air marshal, stabbed with syringe in Nigeria, monitored for disease

    Posted Sep 10th 2014, 09:29pm by AP

    ... Associated Press in Houston, United States Victim, who was working in Ebola-hit Nigeria, flown to US on commercial flight Watch on air marshal in syringe stabbing A United States air marshal is being monitored after being attacked with a syringe containing an unknown substance at a Nigerian airport. The marshal was allowed to board a flight to the US immediately, despite fears ...

    http://www.scmp.com/news/world/article/1589485/us-air-marshal-stabbed-syringe-nigeria-monitored-disease
  8. News - World - AVIATION

    Senator wants answers over sabotage of Chicago air traffic control centre

    Posted Sep 29th 2014, 10:32pm by AP

    ... Associated Press in Chicago Probe call over air traffic control centre sabotage A US senator said he will seek an investigation into how a contract employee was able to sabotage a regional control centre and bring Chicago's two international airports to a halt. Illinois' Dick Durbin said he would ask spectors general at the US Department of Transportation and the Federal ...

    http://www.scmp.com/news/world/article/1604022/senator-wants-answers-over-sabotage-chicago-air-traffic-control-centre
  9. News - World - AVIATION

    Norman Foster co-design picked for US$9.2 billion Mexico City airport

    Posted Sep 04th 2014, 09:31pm by AP

    ... Associated Press in Mexico City British architect is co-designer of winning idea for US$9.2 billion gateway to quadruple capacity Foster flies high with Mexican airport plan British architect Norman Foster and Mexico's Fernando Romero have had their design chosen for Mexico City's new US$9.2 billion airport, which is expected to quadruple current capacity to 120 ...

    http://www.scmp.com/news/world/article/1585264/norman-foster-co-design-picked-us92-billion-mexico-city-airport
  10. Business - Companies - AVIATION

    Business jet slump fails to deter new players

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

    ... Buffett's NetJets pioneered the model of shared ownership of aircraft in the US in the late 1980s and is preparing to try it out on the mainland after winning an operational permit last week ... 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 ...

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

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