09 Apr 2018

China Aircraft Leasing Newsletter 9 April

Air China Opens Fifth Freedom Beijing-Houston-Panama Route Air China after receiving approval from the U.S. Transportation Department (DOT) exercised fifth freedom rights with the inaugural flight April 5 on its Beijing-Panama City route, via Houston Intercontinental. APEX Asia Welcomed Back to Shanghai With Record Number of Attendees; Regional Passenger Choice Award-Winning Airlines From Asia, Middle East and Africa Were Also Celebrated At APEX Asia Nearly two dozen top airlines gathered in Shanghai to discuss the future of aviation including aircraft design, in-flight connectivity, lounges, content and the end-to-end airline passenger experience. Over 150 industry leaders attended with the majority from airline members of the 40-year-old global airline association. The two-day event featured leading speakers from all aspects of the aviation industry and culminated in the presentation of the 2018 Passenger Choice Awards™ for Asia & South Pacific, Africa and the Middle East. The APEX Asia symposium explored the rapid growth of the Asian aviation market and the means by which airlines may enhance brand loyalty through a more personalized passenger experience BOC Aviation Delivers Boeing 737-800 to China Southern Airlines BOC Aviation announced 3 April the delivery of a Boeing 737-800 aircraft to China Southern Airlines. This aircraft is from the Company's existing order book. BOC Aviation Delivers First Airbus A320NEO to TAP Air Portugal BOC Aviation has delivered one Airbus A320NEO aircraft to TAP Air Portugal. This is the first of six aircraft committed for lease to the airline. This aircraft is from the Company's existing order book. BOC Aviation Delivers Seventh Airbus A320NEO to Vistara BOC Aviation announced 4 April the delivery of the seventh Airbus A320NEO aircraft to Vistara. This aircraft is from the Company's existing order book. CAAC approval for maintenance work on Boeing 737-700s and 737-800s in Hamburg Lufthansa Technik AG's Hamburg site has received approval from the Civil Aviation Administration of China (CAAC) as a maintenance organization for Boeing 737-700 and 737-800 aircraft. This decision means additional order potential for the VIP & Special Mission Aircraft Services division, since the very popular Boeing Business Jets are based on these aircraft types. CAAC Considers Fleet Limits For Underperforming Airlines According to Aviation Daily 4 April The Civil Aviation Administration of China (CAAC) is threatening to restrict fleet additions for underperforming airlines under a new policy designed to raise service standards. Cambodia set to grant AOCs to MJ Airlines and Domrey Angkor Airlines Cambodia plans to grant AOCs to two new airlines, MJ Airlines and Domrey Angkor Airlines, according to the CAA, with the licenses issued by late 2018 and early 2019, respectively. Both Companies are backed by investors from Cambodia and China, looking to build on traffic demand between the two countries. Chinese carriers are the new disrupters in air travel Read The Economist Article here Acumen Aviation © 9 April All Rights Reserved.