15 Apr 2019

China Aviation Industry Newsletter 15 April

APOC Aviation acquires three A320 airframes for part-out in China APOC Aviation has acquired three A320 airframes for part-out. MSN 712, 718 and 720 were formerly acquired by CALC Group (China Aircraft Leasing Group) from China Southern Air Leasing earlier this year. BOC Aviation announces Operational Data For The First Quarter Ended 31 March 2019 BOC Aviation announced 9 April operational data for the first quarter ended 31 March. The lessor took delivery of 11 aircraft (including three acquired by airline customers on delivery) and Signed seven lease commitments and sold one aircraft and expects to take delivery of 79 aircraft this year. China Joins Panel to Review Boeing 737 MAX Aircraft China agreed to join the US Federal Aviation Administration (FAA) panel reviewing the safety of the Boeing 737 MAX aircraft. Last week, the FAA said it would organize an international team of experts to review the safety of the aircraft, grounded worldwide after fatal crashes in Ethiopia on March 10 and in Indonesia on October 20, 2018. The Civil Aviation Administration of China (CAAC) joins Singapore, Canada and the United Arab Emirates on the panel. HAECO Americas Launches Standalone Composite Repair Station At Its Greensboro, NC Headquarters HAECO Group announced 10 Apiril that it is expanding its Composite Services business from Jinjiang, P. R. China, to North America. Located within HAECO Americas in Greensboro, North Carolina, the new facility will include full composite shop solutions, expanding the service offerings found in Jinjiang, P. R. China to a global level. HAECO Americas has offered composite repair services since 1998 but, due to growing demand and past success, the new composite shop will be a standalone Federal Aviation Administration (FAA) Repair Station. Tibet Airlines Opens First Intercontinental Route Tibet Airlines launched its first intercontinental air route linking Jinan, capital of east China's Shandong Province and Helsinki. Bai Weisan, general manager of Tibet Airlines, said the flight will operate once a week but they look forward to increasing the frequency to twice per week. Wuxi to Develop Aviation Industry Wuxi Minicipal Government signed an agreement with HNA Group on 5 April in a bid to further their strategic cooperation in the future. The cooperation is supposed to help the city become a national comprehensive transportation hub, and the government will give full support to HNA Group. Xinjiang to Expand Int'l Airport in Urumqi Northwest China's Xinjiang Autonomous Region will spend 42.1 billion yuan (US$6.3 billion) to expand its airport in Urumqi, the regional capital, according to the regional economic planner. The project, expected to be completed in 2022, will include the construction of two new runways in the Urumqi Diwopu International Airport designed to accommodate the world's largest aircraft. The move aims to ease the pressure of growing tourists to the region, according to regional Development and Reform Commission. Acumen Aviation © 15 April 2019 All Rights Reserved.