05 May 2020

China Aviation Industry Newsletter 5 May

BOC Aviation Appoints Chief Commercial Officer (Europe, Americas and Africa) BOC Aviation is pleased to announce the appointment of Mr. Paul Kent as Chief Commercial Officer (Europe, Americas and Africa), with effect from 1 June 2020. Mr. Kent will be based in London and will report directly to Robert Martin, Managing Director and Chief Executive Officer. Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation, said: “We are delighted to welcome Paul to his new role from 1 June 2020, and as the newest member of our senior management team. Paul brings with him a wealth of experience from his previous roles in the global aircraft banking and leasing industry, as we continue to strengthen our core aircraft operating leasing capabilities.” BOC Aviation taps parent for assault on leasing market BOC Aviation is tapping parent company Bank of China for funds to help it snare a greater share of the leasing market according to Finanical Times 3 May. China domestic travel shows green shoots of recovery Air travel and flight capacity within China are showing first signs of recovery, according to data from from travel analytics companies ForwardKeys and Cirium. While this could mean travel players in specific locations in China can look forward to a rebound in the coming months. China’s passenger aircraft also accounted for 40% of the 1,000 such aircraft that returned to service between the start of March through to April 22. Shanghai, Hainan Airports Earn 5 Stars from Intl Rating Agency Shanghai Hongqiao International Airport and Haikou Meilan International Airport both achieved a five-star standard in China, while Beijing Daxing International Airport, as well as another nine airports, received four stars, according to the 2020 Airport Rating by Skytrax, the London-based research agency in the air transport industry. The evaluations were conducted from June 2019 to January 2020, covering 103 Chinese airports across a wide range, from small domestic airports to major international hubs. Skytrax predicted that another two to three airports in China will likely reach the five-star standard by 2021. TUI China relaunches domestic holidays TUI China has resumed business operations, offering domestic tours for holidaymakers in China. Three months after the subsidiary had to completely stop selling tours, the company is now offering mainly short trips to the mountains and Chinese beach resorts under the product name TUI Selection.The portfolio also includes programmes near major cities. This means that tourism and air travel are once again taking place in China. “Our offices in Beijing and Shanghai were also in operation during the crisis, but holidays could not be sold. “Now we see a clear backlog demand for holiday travel. “TUI China will gradually increase its range of offers in the next few weeks,” explained TUI chief executive Fritz Joussen. Acumen Aviation © 5 May 2020 All Rights Reserved.