Chinese investment group, Henan Civil Aviation Development and Investment Company (HNCA), the investment vehicle of the Chinese province of Henan, is reported to have been given the green light to purchase the 35 per cent shareholding up for sale in state-owned Cargolux. Xavier Bettel, the incoming prime minister of Luxembourg, informed parliament of the decision in a speech on 29 November, according to media reports. Bettel also told parliament that HNCA had committed to … [Read more...] about China's HNCA, Luxembourg strike deal on Cargolux stake
GSA/GSSAs
China Southern extends ‘Canton Route’ to Africa
China Southern Airlines had formed a new codeshare partnership with Kenya Airways that will extend its ‘Canton Route’ to Africa. Designed to challenge the traditional ‘Kangaroo Route’ operators flying between Australia and Europe, the Canton Route connects these two continents via China Southern’s home base at Guangzhou Baiyun International Airport. The arrangement will see China Southern place its ‘CZ’ code on Kenya Airways’ … [Read more...] about China Southern extends ‘Canton Route’ to Africa
Malaysia’s Malindo Air to begin flights India
Kuala Lumpur, Malaysia-based Malindo Air, a subsidiary of Indonesia’s Lion Air, has received permission from India’s aviation authorities to commence flights to the country with services to Delhi beginning from 30 December 2013 using B737-900 aircraft. This will be quickly followed by two further routes, with flights to the southern city of Tiruchirappalli commencing 2 January 2014 and services to Mumbai launching on 15 February. “We are excited to announce the … [Read more...] about Malaysia’s Malindo Air to begin flights India
Malaysia’s Malindo Air to begin flights India
Kuala Lumpur, Malaysia-based Malindo Air, a subsidiary of Indonesia’s Lion Air, has received permission from India’s aviation authorities to commence flights to the country with services to Delhi beginning from 30 December 2013 using B737-900 aircraft. This will be quickly followed by two further routes, with flights to the southern city of Tiruchirappalli commencing 2 January 2014 and services to Mumbai launching on 15 February. “We are excited to announce the … [Read more...] about Malaysia’s Malindo Air to begin flights India
SIA and Tata to start new Indian airline
Singapore Airlines and India's holding conglomerate Tata Sons, have signed a Memorandum of Understanding and applied for Foreign Investment Promotion Board (FIPB) approval to establish a new full-service airline in India to based in New Delhi following regulatory approvals. The two say the creation of the new airline "will help further stimulate demand for air travel" in the country. Tata Sons will own 51 per cent and Singapore Airlines will own 49 per cent. Details of the … [Read more...] about SIA and Tata to start new Indian airline
Slow cargo uptick in July, Asia still weak
The International Air Transport Association (IATA) announced global air cargo traffic results for July showing a continuation of the modest improvement trend experienced in June. Global freight tonne kilometres (FTKs) were up 1.2 per cent in July year-on-year, slightly better than the 0.9 per cent year-on-year increase recorded in June, as growth in Europe and the Middle East offset weakness in Asia. As a result of the July performance, air freight volumes are at their highest level … [Read more...] about Slow cargo uptick in July, Asia still weak
