Chinese airports are owed at least 6 billion yuan ($878 million) in late fees as the country’s money- losing carriers delay paying bills to preserve cash.
“Many airlines are passing their financial difficulties onto airports,” Wang Jian, secretary general of the China Civil Airport Association, said by phone today. Beijing Capital International Airport Co., operator of [...]
THE KINGFISHER Airlines set an international landmark after its first direct flight (IT-001) to London took off from the Bangalore International Airport at 9.20 am in the morning on Wednesday (September 3). The Airbus (A330-200), which has a non-stop journey to London’s Heathrow Airport, had a delayed departure because of the inaugural ceremony and related functions.
Just three months after launching flights to Houston, its second U.S. gateway in the U.S. in addition to New York Kennedy, Emirates is expected on Thursday to announce that it will inaugurate new flights to Los Angeles this fall.
… The Los Angeles flights will be the longest in its network, taking 15 hrs. 55 mins. to fly to Los Angeles and 16 hrs. 35 mins. to return.
Singapore Airlines will begin operating all-business-class services to Los Angeles and New York in May, in a move it says will create an airline-industry first. The initiative will represent the first time any airline has operated an all-business-class service between Asia and the United States, Singapore Airlines (SIA) said.
SIA plans to convert the five Airbus [...]
Japan Airlines Corp maybuy Airbus’s midsize A350 XWB planes following production delays to Boeing Co’s new 787 Dreamliner, two company sources told Reuters.
Vietnam’s government has approved the establishment of the country’s first privately owned carrier, setting an important precedent in a market that is forecast to continue growing rapidly in the coming years.
Okay Airways (OKAir.net) (Tianjin) on November 28 took delivery of the first brand new Boeing 737-800 direct from Boeing.
China’s government reached agreement with Airbus yesterday on firm orders for 110 A320 family aircraft and 40 A330s valued at approximately $15 billion and also signed an MOU with the manufacturer stipulating that Chinese industry will take a 5% stake in A350 XWB production.
China’s airlines and aircraft industry should benefit from a government decision to restrain growth in the country’s civil aviation market, although Western manufacturers could see less demand from the Asian giant.Almost no new airlines will be allowed until 2010 at the earliest as part of a policy aimed at slowing rapid traffic growth that is [...]
China Southern Airlines has agreed to order 55 more Boeing 737s for delivery from 2011. The Guangzhou-based carrier says in a Hong Kong stock exchange filing that it entered into an aircraft acquisition agreement with Boeing on 20 August covering the purchase of 55 737-700s and -800s. It says deliveries will take place between May [...]
