Indonesia’s PT. Smart Cakrawala Aviation has become the first customer in the Asia Pacific to take delivery of its new H130 helicopter facilitated through a specially arranged e-acceptance process, which complies with COVID-19 health and safety regulations. The Jakarta-based commercial air service operator formally accepted the new intermediate single helicopter into its fleet at the Airbus Helicopters regional delivery centre in Subang, Malaysia, where all the requirements of the normal … [Read more...] about Airbus Helicopters facilitates first e-delivery in Asia Pacific
Aircraft Manufacturers
Anand Stanley appointed President Airbus Asia-Pacific
Airbus has named Anand Stanley as President Airbus Asia-Pacific, effective 1 July 2020. Based in Singapore, Anand Stanley will lead the strategy and future positioning of Airbus and its divisions across the region. In this role, he will have responsibility for commercial aircraft sales and customer affairs, group-wide government affairs, industrial and joint venture partnerships, as well as the local operations at Airbus sites across the region. Anand Stanley reports to Christian Scherer, … [Read more...] about Anand Stanley appointed President Airbus Asia-Pacific
Frost & Sullivan: Global commercial aircraft market to focus on innovative digital solutions and leasing post-COVID-19
Frost & Sullivan’s recent analysis, Post-pandemic Growth Opportunity Analysis of the Global Commercial Aircraft Market, presents updates to the 2020 outlook and growth opportunities for original equipment manufacturers (OEMs), the supply chain, and aftermarket suppliers. Under the conservative forecast scenario, the market is estimated to witness a dramatic drop in revenues, reaching $149.24 billion in 2020 and garnering a revenue of $271.67 billion by 2025. However, the aspirational … [Read more...] about Frost & Sullivan: Global commercial aircraft market to focus on innovative digital solutions and leasing post-COVID-19
Airbus reports first quarter (Q1) 2020 results
Airbus reports First Quarter (Q1) 2020 results Market environment strongly impacted by COVID-19 situation, particularly in commercial aircraft ● Q1 2020 financials partially impacted by COVID-19 ● Revenues € 10.6 billion; EBIT Adjusted € 281 million ● EBIT (reported) € 79 million; loss per share (reported) € -0.61 ● Free cash flow before M&A and customer financing € -8.0 billion / € -4.4 billion before payment of € -3.6 billion penalties ● Strong focus on matching … [Read more...] about Airbus reports first quarter (Q1) 2020 results
Kerry Logistics awarded at Hong Kong Corporate Governance Excellence Awards 2018
Kerry Logistics Network Limited was honoured with the Hong Kong Corporate Governance Excellence Awards 2018, which was jointly presented by The Chamber of Hong Kong Listed Companies and the Centre for Corporate Governance and Financial Policy of the Hong Kong Baptist University at the Grand Hyatt Hong Kong. It marked the second time Kerry Logistics has won the accolade since 2015. Organised annually since 2007, the Awards confer recognition to listed companies for their outstanding commitment … [Read more...] about Kerry Logistics awarded at Hong Kong Corporate Governance Excellence Awards 2018
First ANA A380 rolls-out of Airbus Paintshop
The first A380 for All Nippon Airways (ANA) has rolled out of the Airbus paint shop in Hamburg, Germany, bearing the airline’s distinctive and unique Hawaiian Green Sea Turtle livery. ANA has firm orders for three A380s, becoming the first customer for the superjumbo in Japan. The airlinewill take delivery of the first A380 at the end of Q1 2019 and will operate the aircraft on the popular leisure Narita-Honolulu route. The three ANA A380s will be painted in a … [Read more...] about First ANA A380 rolls-out of Airbus Paintshop