Emirates airline, Dubai Airports and the aviation sector as a whole contributed US$26.7 billion to the Dubai economy in 2013, which was almost 27 per cent of Dubai’s GDP and supported a total of 416,500 jobs accounting for 21 per cent of the emirates’ total employment. These figures were based on the latest report “Quantifying the Economic Impact of Aviation in Dubai” conducted by global research firm, Oxford Economics, as a follow-up to a 2011 study done by the same … [Read more...] about Aviation to contribute $53.1B to Dubai’s economy
Carriers
Thales to equip Lion Air’s largest ever A320 order
Thales will equip its avionics package on all 234 new Airbus A320 fleet purchased by Lion Air. This represents the largest order for Airbus single-aisle aircraft ever placed by Lion Air. The avionics suite fitted on the new planes will include the Thales TopFlight Management System. Said Rusdi Kiran, CEO of Lion Air Group: "Thales's avionics suite will increase the safety of Lion Air's aircraft by easing the journey during hazardous weather conditions and provide a comfortable … [Read more...] about Thales to equip Lion Air’s largest ever A320 order
Thales to equip Lion Air's largest ever A320 order
Thales will equip its avionics package on all 234 new Airbus A320 fleet purchased by Lion Air. This represents the largest order for Airbus single-aisle aircraft ever placed by Lion Air. The avionics suite fitted on the new planes will include the Thales TopFlight Management System. Said Rusdi Kiran, CEO of Lion Air Group: "Thales's avionics suite will increase the safety of Lion Air's aircraft by easing the journey during hazardous weather conditions and provide a comfortable … [Read more...] about Thales to equip Lion Air's largest ever A320 order
DHL deploys new intra-Asia air routes
DHL has launched a new intra-Asia flight, connecting the economies of Thailand, Vietnam and Hong Kong. The flight commenced on 3 November, connecting Bangkok, Hanoi and Hong Kong five times per week. Utilising a newly converted B737-400SF freighter featuring a gross payload of 21 tonnes, the route will be operated by K-Mile Air of Thailand, a partner of DHL. The new route shortens the transit time for intra-Asia shipments to and from Hanoi to one day, allowing businesses and consumers to enjoy … [Read more...] about DHL deploys new intra-Asia air routes
SMBC places $8.5B Boeing order
Boeing and SMBC Aviation Capital announced an order for 80 737 MAX 8s, valued at more than US$8.5 billion at list prices. The deal is the largest single order for 737 MAXs from a leasing company. With this agreement SMBC Aviation Capital becomes the 50th 737 MAX customer and grows the programme’s order book to more than 2,400 airplanes. “It is 10 years since our business placed its first order with Boeing and we have enjoyed a decade of successful partnership since … [Read more...] about SMBC places $8.5B Boeing order
Korean Air 3Q cargo yields on the up
Korean Air registered a 5.7 per cent increase in cargo yield in 3Q 2014 as its load factor rose 2.5 percentage points to 79.1 per cent. Its cargo arm, accounting for 22.1 per cent of total airline revenues in Q3, saw a 10 per cent rise in domestic cargo revenue sales in the three months to September. Internationally, it recorded a three per cent rise in cargo revenues in and out of Japan, a 3 per cent fall in freight revenues in China and a static result in Southeast Asia. The Americas … [Read more...] about Korean Air 3Q cargo yields on the up