Kunming, China-based, Ruili Airlines announced at last month’s Paris Air Show that the airline has committed to purchase 30 B737 MAXs with the financial support of AVIC International Leasing. The commitment, valued at US$3.2 billion at current list prices, will be subject to the approval of the Chinese government. “Today’s agreement demonstrates our ambition to grow from a start-up airline to a driving force in China’s growing aviation industry,” said Ma Zhanwei, president of Ruili Airlines. … [Read more...] about Ruili Airlines orders 30 B737 MAXs
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Minsheng Leasing signs for 30 B737s
Minsheng Financial Leasing(Minsheng) signed a Memorandum ofUnderstanding (MOU) at the Paris AirShow with for the purchase of 30 B737airplanes, a mix of Next-GenerationB737 and B737 MAX aircraft fromBoeing. As one of the first five leasingcompanies approved by China BankRegulatory Committee, Minshengwas founded in April 2008 by ChinaMinsheng Banking Corp, the largestprivate commercial bank in China. … [Read more...] about Minsheng Leasing signs for 30 B737s
China Airlines’ B777-300ER debuts
China Airlines’ newest B777-300ER landed at Le Bourget, France last month marking the debut of China Airlines’ new twin-aisle aircraft at the Paris Air Show. China Airlines currently operates five newly configured B777- 300ERs on routes serving Hong Kong, Bangkok, New York, Los Angeles and San Francisco. The airline is scheduled to receive five more in the next couple of years to support the launch of new European and North American routes. Based in the northwestern city of Taoyuan, China … [Read more...] about China Airlines’ B777-300ER debuts
Jetstar Hong Kong’s application rejected
Qantas Airways’ hopes of launching a new low-cost carrier in Hong Kong have been essentially quashed after waiting nearly two years for a decision, as the territory’s Air Transport Licensing Authority (ATLA) rejected on 25 June the application from Qantas to start a new budget airline – Jetstar Hong Kong – on the basis that the ultimate control of the airline would be in Australia and mainland China. Expressing disappointment at the decision, CEO of the Qantas Group Alan Joyce said: “This is … [Read more...] about Jetstar Hong Kong’s application rejected
China Aviation Supplies signs for 75 A330s
China Aviation Supplies Holding Company (CAS) has signed with Airbus a General Terms Agreement (GTA) for 45 A330 Family aircraft and a Memorandum of Understanding (MoU) for options for 30 A330s. The GTA and MoU were signed in Paris on 30 June by Fabrice Brégier, Airbus president and CEO and Li Hai, president and CEO of CAS in the presence of visiting Chinese Premier Li Keqiang and French Prime Minister Manuel Valls. “The package order is a new vote of confidence in our A330 Family … [Read more...] about China Aviation Supplies signs for 75 A330s
Singapore Airlines Cargo sees May declines
In May 2015, Singapore Airlines overall cargo load factor (CLF) was 1.3 percentage points lower at 61.6 per cent as cargo traffic (measured in freight-tonne-kilometres) declined 1.0 per cent to 531.2 million tonne-km against 1.0 per cent growth in capacity to 862.1 million tonne-km. Load factor improved for East Asia (51.7 per cent, up 0.5 percentage points) and South West Pacific (61.2 per cent, up 7.3 percentage points) regions, but fell for Americas (down 3.8 percentage points to 62 per … [Read more...] about Singapore Airlines Cargo sees May declines
