Garuda Indonesia has placed an order with Airbus for 14 new A330neo aircraft.The deal was signed at a ceremony in London in the presence of Indonesia’s President, Joko Widodo, and the UK’s Prime Minister, David Cameron. Garuda currently operates nine A330-200s and 15 A330-300s, and the latest order will see it take delivery of 14 A330-900neo aircraft – the larger version of the A330neo series. The new aircraft will be delivered from 2019 onwards. “We are pleased to announce that we … [Read more...] about Garuda Indonesia signs for 14 A330-900neo aircraft
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Malaysia Airlines CEO Mueller surprises with early resignation
In a surprise move Malaysia Airlines Bhd (MAB) CEO and managing director Christoph Mueller has announced his departure from the airline effective September 2016, but intends to remain as its non-executive director. In a statement, MAB said Mueller, who made immense contribution in the restructuring of Malaysia Airlines, had requested to depart before the end of his three-year contract due to "changing personal circumstances”. Mueller joined the Board of Malaysia Airlines System Bhd as a … [Read more...] about Malaysia Airlines CEO Mueller surprises with early resignation
JD.com, Yamato Holdings in Chinese e-commerce partnership
China’s second largest online retailer JD.com is partnering with Japanese logistics company, Yamato Holdings for quicker, cheaper delivery of products from Japan to China as early as May, according to a report in the Nikkei Asian Review. The companies are aiming to expand the already rapidly growing demand for Japanese products among Chinese consumers and the new partnership will cut the time for Chinese consumers to receive Japanese products from eight to four days. The tie-up, the first … [Read more...] about JD.com, Yamato Holdings in Chinese e-commerce partnership
Raya Airways begins ambitious, but measured expansion
Having recently taken delivery of its first dry-lease B767F in early March, Subang, Malaysia-based Raya Airways (the former Transmile Air Services) is now setting off on a carefully-charted expansion plan that will see its fleet grow to six aircraft and new services to Japan, China, South Korea and India by year-end. “We are very much a Southeast Asian-targeted, regional airline, but we have aspirations to go beyond that,” says Raya’s commercial director, Lee Shashitheren speaking to media in … [Read more...] about Raya Airways begins ambitious, but measured expansion
Air cargo in the ‘new mediocre’ of global economic growth
The global economy is growing, but growing at a lower rate than anticipated, said George Anjaparidze, senior economist, IATA who went on to cite International Monetary Fund (IMF) CEO Christine Lagarde who recently warned that the world was on the threat of entering a new phase of mediocre growth becoming the new reality. “And that’s exactly what we’re seeing,” added Anjaparidze. The advanced economies are still growing, but very slowly he noted with emerging economies growing far below their … [Read more...] about Air cargo in the ‘new mediocre’ of global economic growth
Debris found on African coast “almost certainly” from MH370, new debris found
The Australian Government has confirmed that debris recovered from Mozambique is highly likely to have come from MH370. The Minister for Infrastructure and Transport Darren Chester today advised the examination of the two pieces of debris has been completed. The Malaysian Investigation Team for MH370 has found that both pieces of debris are consistent with panels from a Malaysia Airlines B777 aircraft. The two pieces of debris were found separately by members of the public and were flown to … [Read more...] about Debris found on African coast “almost certainly” from MH370, new debris found
