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10 Sep 2018

China Aviation Industry Newsletter 10 September

AirAsia may revisit China plans when ‘time is right’ AirAsia Group Bhd, which failed to secure a deal in China to set up a low-cost carrier terminal (LCCT) there, does not see the setback impacting its growth in China but noted that it may revisit the idea “when the time is right”. roup chairman Datuk Kamarudin Meranun said there were “various factors” that led to the deal lapsing, including its failure to obtain a license there. BOC Aviation Purchases Eight A330NEO Aircraft From Airbus For Lease To Lion Air Group BOC Aviation announced that it has purchased eight new Airbus A330NEO family aircraft from Airbus. All eight aircraft are scheduled for delivery to Lion Air Group of airlines in 2019 and 2020, and Lion Air will have the option to acquire four of the aircraft at delivery. China to further open aviation to private investments China recently published a list of 28 civil aviation projects open to private investments, which could entail investments valued at $16.13 billion. The move is expected to attract considerable interest from private investors, industry insiders said. The 28 projects cover both traditional areas and some emerging segments. Among traditional niches are airport construction, cargo logistics, plane maintenance, and air rescue. The new areas include drone delivery and airborne data communications, according to the list released by the Civil Aviation Administration of China (CAAC) and the National Development and Reform Commission in late August. Changi Airport welcomes the arrival of SF Airlines – the first Chinese express carrier to operate in Singapore Changi Airport Group (CAG) today welcomed the arrival of SF Airlines’ inaugural flight from Shenzhen, China. SF Airlines is the first Chinese express airline to operate between Singapore and China, and its arrival strengthens air trade flows between the two countries. China is Changi Airport’s largest air cargo market, registering more than 270,000 tonnes of airfreight throughput (+8% year-on-year), for the 12 months ending June 2018. With the addition of SF Airlines’ weekly service on a Boeing B767F aircraft, main deck airfreight capacity to and from Shenzhen will increase by about 16% on this route. DXB Airports and China Eastern announce three weekly non stop flights to Shanghai Dubai Airports and China Eastern has announced three weekly non-stop flights between Shanghai and Dubai International (DXB) commencing 17 September. Nepal Airlines seeking companies for leasing its Chinese aircraft Nepal Airlines Corporation (NAC) is in the process to lease out its 6 Chinese aircraft as it is expecting interest from some companies either national or international. The national flag carrier is in the process to lease all the Chinese manufactured aircraft after they have been incurring losses to the airline. NAC currently owns 2 MA-60 and 4 Harbin Y-12e Chinese aircraft and among them, 1 MA-60 and 3 Y-12e are in operation. The corporation reached this decision to lease the aircraft due to lack of pilots to operate Y-12e aircraft, though operating MA-60 was not a problem. Ping An Insurance invests in AviaAM China Ping An Insurance has invested $44 million into AviaAM Financial Leasing China, the aircraft leasing joint venture between AviaAM and Henan Civil Aviation Development and Investment Company Rolls-Royce Lessorcare Selected By CMIG Rolls-Royce has announced CMIG Aviation Capital as a new customer for LessorCare, the pioneering new service tailored specifically to the needs of lessors. CMIG Aviation Capital will adopt the service across their existing and future fleet of Trent-powered aircraft, drawing together a range of services under one simple, flexible and comprehensive framework. Russia’s iFly Airlines extends its China connections Russian leisure carrier iFly Airlines has launched a new weekly service from Moscow Vnukovo to Nanning, thereby adding another Chinese destination to its fast-growing route network in the country. With three further Chinese airports expected to join the programme in the coming months, the airline will be offering 12 scheduled flights from Russia to 11 destinations in China before the end of the year, the company revealed in a September 2 announcement. VariFlight: Mainland China Opened 1,164 New Routes and Added 5.91% Flights During Summer 2018 VariFlight has released a report researching air traffic in Mainland China during the summer peak season of 2018. According to the study, there were over 0.8 million departure flights from July 1st to August 31st, growing by 5.91% year-over-year. The on-time departure rate for this summer increased by 17.38% to a record 63.88%. Meanwhile, up to 1,164 air routes were opened during the past two months, including 207 international lines. Acumen Aviation © 10 September All Rights Reserved.  
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