Category: Asia & Pacific

Is The Current Investment Climate in Aviation Favourable for New IPOs?

Reading Time: 3 minutes Being shocked by a number of bankruptcies, for around 7 years the global aviation industry had been subject to diminished enthusiasm from investors. However, since 2016, record-low aviation fuel prices have led to more green on the airlines’ balance sheets, growing cash flows in the market and an increasingly positive outlook on the future of […]

India and Russia Agreement Will Facilitate Visa-Free Entry of Flight Crew

Reading Time: 2 minutes The India-Russia agreement will facilitate visa-free entry, stay and exit of the crew of aircraft of the designated airlines as well as other aircraft companies operating chartered and special flights in the respective territories on reciprocity. A formal agreement in this regard was signed recently by officials of the two countries, a home ministry official […]

US Navy C-2 Aircraft Crashes With 11 On Board

Reading Time: 2 minutes A US Navy aircraft carrying 11 crew and passengers has crashed into the sea off the coast of Japan. Eight people have been rescued after the plane crashed into the Philippine Sea en route to an aircraft carrier. The C-2 “Greyhound” aircraft crashed into the Pacific about 90 miles northwest of Okinotorishima, a Japanese atoll, Defense […]

Singapore Airlines Selects Airbus for A380 Retrofit Programme

Reading Time: < 1 minute Airbus has been selected by Singapore Airlines (SIA) to provide cabin retrofit services for 14 A380 aircraft currently in service with the carrier. The retrofit programme, which will be undertaken at SIA Engineering Company in Singapore, will see the airline’s recently launched cabin products installed on the aircraft. The new cabin products will debut on […]

Delta, Korean Air Joint Venture Granted Approval by U.S. DOT

Reading Time: 2 minutes Today, Delta Air Lines and Korean Air took a significant step in the creation of their trans-Pacific joint venture with approval of the joint venture by the U.S. Department of Transportation. The DOT approval reflects the consumer benefits that will be created by the new joint venture. The two carriers will deepen their relationship, offering […]

Boeing, Avolon Finalize Deal for 75 737 MAX Airplanes

Reading Time: 2 minutes Boeing and Avolon, the international aircraft leasing company, today finalized an order for 75 737 MAX airplanes. The confirmed order is for 55 MAX 8s and 20 MAX 10s, with options for 20 additional MAX 8s. The agreement, announced as a memorandum of understanding at the 2017 Paris Air Show, is valued at nearly $11 […]

IATA Urges Swift GASeP Implementation

Reading Time: 2 minutes The International Air Transport Association (IATA) urged the swift implementation by states of the first Global Aviation Security Plan (GASeP) which was established this week by the Council of the International Civil Aviation Organization (ICAO). “Flying is secure, but it is also clear that aviation faces security challenges. GASeP has the potential to strengthen security […]

United Cancelled Two Flights to New Delhi Due to Smog

Reading Time: < 1 minute United Airlines cancelled two Newark-Delhi Int’l flights after heavy smog had covered the Indian capital. The temporal suspension has been implemented on November 10 according to the carrier’s announcement. It was originally scheduled to last at least until November 13, but eventually, only flights departing Newark on November 10 and November 11 were cancelled, according […]

This is Airbus Largest Single Announcement Ever

Reading Time: 2 minutes Airbus and Indigo Partners’ four portfolio airlines have signed a Memorandum of Understanding for the purchase by the four airlines of 430 additional A320neo Family aircraft. The aircraft will be allocated among the ultra low-cost airlines Frontier Airlines (United States), JetSMART (Chile), Volaris (Mexico) and Wizz Air (Hungary) upon the completion of final purchase agreements […]

First Singapore Airlines Airbus A380 Now In Storage

Reading Time: < 1 minute Tarmac Aerosave has received the first-ever Airbus A380 to enter storage at its Tarbes, France, facility. The aircraft, bearing serial number MSN 03, entered service in 2007 with Singapore Airlines. The carrier just returned the aircraft to its owner, German-based lessor Dr. Peters Group. The aircraft will be stored “in flight condition,” meaning Dr. Peters […]