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05 Jul 2021

China Aviation Industry Newsletter 5 July

BOC Aviation Delivers Three New Airbus A321neo Aircraft To Scoot Airlines BOC Aviation announced that it has delivered three of four new Airbus A321NEO aircraft for lease to Scoot Airlines. The aircraft are powered by Pratt & Whitney’s PurePower® PW1100G-JM engines. BOC Aviation CEO Mr. Robert Martin said “We are delighted to have delivered these aircraft to Scoot, and we’re pleased to be building a new relationship with another member of the Singapore Airlines Group. We look forward to working with Scoot and our other customers to provide more fuel-efficient and technologically advanced aircraft in the future.” CALC received a Ba1 corporate family rating from Moody’s for the first time with a stable outlook China Aircraft Leasing Group announced that it has received a corporate family rating (CFR) of Ba1 and a foreign currency and local currency issuer ratings of Ba2 from Moody's Investors Service Pty Ltd (Moody's), with a stable outlook. The Company has previously received the highest AAA rating from Dagong Global Credit Rating Co., Ltd. Chengdu opens its second international airport The first aircraft ook off from Chengdu Tianfu International Airport yesterday at 1125 local marking the start of its operations following five years of construction. The opening of the airport makes Chengdu the third city in China with two international air hubs, following Shanghai and Beijing. The opening of the airport could help Chengdu become an integrated international transportation hub linking China with Europe, the Middle East, Central Asia and Southeast Asia. China Eastern launches new courtesy service areas China Eastern Airlines launched courtesy service areas in five large hub airports on Tuesday as part of efforts to create a better passenger experience. The five special courtesy service areas are located in Shanghai Hongqiao International Airport, Shanghai Pudong International Airport, Beijing Daxing International Airport, Kunming Changshui International Airport (Yunnan province) and Xi'an Xianyang International Airport (Shaanxi province). FLYHT and Major Chinese Cargo Operator Contract for Additional Installations of AFIRS FLYHT Aerospace Solutions announced that they have signed an agreement with an existing customer to equip up to an additional 15 aircraft per year over the next five years with the AFIRS™ solution, to meet the demands of the airline’s growing business. FLYHT CEO Bill Tempany stated “We are thrilled that this customer is growing the number of AFIRS-equipped aircraft in use, in our family of Chinese customers who now number over 25 airlines. Their operations fit well with the products and services we sell to our clients who respond to the ever increasing demands of cargo operations, while keeping close contact with the crews and operations departments to ensure maximum utilization of their fleets. We are very pleased to continue our growth in China and around the globe.” Radisson to open new hotel at Beijing Daxing International Radisson Hotel Group will open a new-239 room hotel under its Radisson Hotels brand at Beijing Daxing International airport. The hotel is scheduled to open in 2022Q1 forming part of an eco-friendly, mixed-use development within the Airport Economic Zone. Acumen Aviation © 5 July 2021 All Rights Reserved.
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