In response to Myanmar's humanitarian crisis following the devastating cyclone, AirAsia has offered air assistance to facilitate the transportation of aid to the country with immediate effect. This includes sponsoring flights for aid workers and freeing up cargo space for transporting aid materials. This will be a collaborated effort from the AirAsia Group and AirAsia X across more than 100 destinations, utilising its extensive network in all the ASEAN countries including China and … [Read more...] about MALAYSIA: AirAsia offers Yangon service for cyclone aid

BOC Aviation has reported a net profit after tax of US$51 million for the 9 months ending 31 December 2007. The record profit also marks the first time that the company has reported results as BOC Aviation, having changed its name from Singapore Aircraft Leasing Enterprise after it was acquired by Bank of China (BOC) in December 2006. The financial year end was changed from March to December last year to be in line with that of the BOC group. On a 12-month basis, net profit after tax was a … [Read more...] about CHINA: BOC Aviation posts record profit

Taiwanese carriers China Airlines and EVA Air reported first-quarter losses of TWD2.97 billion (US$97.4 million) and TWD2.29 billion respectively, with both carriers blaming high fuel costs. China Airlines' loss deepened from a TWD806 million loss in the same period a year earlier, while EVA's loss compared to a TWD331 million loss last year. On the revenue side, China Airlines saw income rise 8.6 per cent to TWD31 billion while EVA's rose 6 per cent to TWD23.8 billion. Fuel costs soared … [Read more...] about CHINA: Big Q1 losses for China Airlines and EVA Air

March figures for global cargo and passenger traffic from the International Air Transport Association (IATA) point to a lethargic international freight growth of 3.2 per cent, significantly down from the 4.3 per cent growth recorded in the same period of 2007. Compared to the same month in the previous year, passenger demand increased 5.8 per cent with load factors at nearly 78per cent. IATA also cautioned that the March passenger growth was positively skewed by the Easter holiday period … [Read more...] about CHINA: Even Asia can’t reverse gloomy outlook

China Southern Airlines announced the establishment of China Southern (Nanyang) Flight Training Base, the first such Chinese flight training centre in the country with its own flight training aircraft, airport facility and management organisation. The first aircraft introduced to the training base is a B737-300, a new plane in operation with China Southern. The training base is located at Nanyang Airport, China Southern's fully-owned and managed airport facility, located in China's Central … [Read more...] about CHINA: China Southern sets up flight training base