AirAsia X Berhad has appointed Cheok Huei Shian as its chief financial officer, effective immediately. Reporting directly to Benyamin Ismail, acting chief executive officer of AirAsia X Berhad, Huei Shian will be responsible for corporate finance, treasury, financial planning and analysis as well as investor relations. Datuk Kamarudin Meranun, group CEO of AirAsia X said, “We are excited to have Huei Shian join our management team as we continue to drive our strategic and financial … [Read more...] about AirAsia X appoints new CFO
LCC
The future of Asian airline aircraft demand
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
Korean LCC Jin Air to add int’l flights
South Korean LCC Jin Air Co. will launch new international flights in the second half of 2014 as part of its strategy to expand its footprint in the airline industry. The wholly owned budget unit of Korean Air Lines Co. will start semi-weekly flights linking Jeju Island to China’s Xian and Quanzhou starting on 2 October. It will also begin long-haul daily operations to Guam in December, and will use the first of three B777-200ERs due for final delivery by mid-2015. … [Read more...] about Korean LCC Jin Air to add int’l flights
Korean LCC Jin Air to add int'l flights
South Korean LCC Jin Air Co. will launch new international flights in the second half of 2014 as part of its strategy to expand its footprint in the airline industry. The wholly owned budget unit of Korean Air Lines Co. will start semi-weekly flights linking Jeju Island to China’s Xian and Quanzhou starting on 2 October. It will also begin long-haul daily operations to Guam in December, and will use the first of three B777-200ERs due for final delivery by mid-2015. … [Read more...] about Korean LCC Jin Air to add int'l flights
Jetstar deploys new B787s on Japan routes
Jetstar last week began using its most recent B787 delivery to replace an A330 on service from Cairns to Osaka, Japan. The low-cost carrier (LCC) also introduced a B787 on its Cairns-Tokyo route in August, and on its Gold Coast-Tokyo flight in July. Aside from the Japan routes, Jetstar has introduced 787s on routes from the three major east coast cities of Sydney, Brisbane and Melbourne to Thailand and Indonesia. The LCC continues to grow its fleet with the delivery of seven B787-8s, … [Read more...] about Jetstar deploys new B787s on Japan routes
Cebu Pacific, Tiger Phils set sights on Myanmar
Philippine-based budget carrier Cebu Pacific and unit Tiger Airways Philippines are seeking approval from the Civil Aeronautics Board (CAB) to launch flights to Myanmar. Cebu Pacific is seeking 1,260 weekly seats for flights between Manila and Yangon, while Tigerair Philippines has filed a separate application with CAB seeking 1,260 weekly seats for the route. Cebu Pacific is now seeking government approval after getting the nod of the CAB for the US$15 million 100% … [Read more...] about Cebu Pacific, Tiger Phils set sights on Myanmar
