While Asian carriers may have excess capacity in the short term, Steve Mason, vice president of aircraft analysis at CIT Aerospace, notes that since traffic is projected to grow by 6 per cent annually, the region will need approximately 13,000 new aircraft over the next 20 years. These views and others are presented in “Clear Skies or Turbulence Ahead for the Asian Aircraft Order Book?”, the latest piece of market intelligence to be featured in the CIT Executive Insights series. … [Read more...] about The future of Asian airline aircraft demand
Carriers
BIAL becomes India’s first e-freight compliant airport
Bangalore International Airport Limited (BIAL) announced that the Kempegowda International Airport, Bengaluru has been rated as an e-freight compliant airport by IATA for its cargo operations. This project reiterates the airport’s efforts in sustaining the long-term well-being of the environment. The e-freight concept was launched by IATA in 2006 as part of the StB (simplifying the business) programme and became an industry-wide initiative. "IATA would like to congratulate … [Read more...] about BIAL becomes India’s first e-freight compliant airport
BIAL becomes India’s first e-freight compliant airport
Bangalore International Airport Limited (BIAL) announced that the Kempegowda International Airport, Bengaluru has been rated as an e-freight compliant airport by IATA for its cargo operations. This project reiterates the airport’s efforts in sustaining the long-term well-being of the environment. The e-freight concept was launched by IATA in 2006 as part of the StB (simplifying the business) programme and became an industry-wide initiative. "IATA would like to congratulate … [Read more...] about BIAL becomes India’s first e-freight compliant airport
Cathay Pacific pilots vote to strike
Some 93 per cent of Hong Kong Aircrew Officers Association members have voted to push ahead with their work-to-rule protest over the Christmas period after rejecting a proposed pay increase. If a resolution is not reached, pilots will refuse to work outside of their contractual commitments. This could result in flight delays and cancellations during the year's peak travel season. … [Read more...] about Cathay Pacific pilots vote to strike
Govt unveils draft civil aviation policy
Terming UPA's aviation policy as "opaque", government on Monday brought in a fresh draft recommending listing of state-run Airports Authority of India and chopper firm Pawan Hans on stock exchanges and steps to beef up Air India operations, hinting at its stake sale too. Civil Aviation Minister Ashok Gajapathi Raju unveiled the draft civil aviation policy which also proposes to enhance regional air connectivity, develop six major metro airports as international hubs, create more airports … [Read more...] about Govt unveils draft civil aviation policy
Air China, Air Canada to form JV
Air Canada and Air China have concluded a memorandum of understanding setting out the main principles for a comprehensive revenue sharing joint venture providing for an enhanced partnership on routes between Canada and China. The JV will provide for enhanced cooperation between the two carriers in the areas of sales, marketing and airport operations, as well as generate additional service and pricing benefits for consumers travelling between the two countries. Subject to Air Canada and Air … [Read more...] about Air China, Air Canada to form JV