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China Aviation Industry Newsletter 1 February

China Aviation Industry Newsletter 1 February

Aviation Capital Group Announces Delivery of One A321neo to STARLUX Airlines

Aviation Capital Group announced the delivery of one new Airbus A321neo aircraft on long-term lease to STARLUX Airlines. Featuring CFM International LEAP-1A30 engines, this is the second of three new A321neos confirmed to deliver to the airline from ACG’s orderbook with Airbus.

CDB Aviation Completes Deliveries of Seven 737 MAX Aircraft to Brazil’s GOL

CDB Aviation announced the delivery of the last of seven Boeing 737 MAX 8 aircraft to GOL. The aircraft, configured with a 186-seat layout, incorporating both GOL+Conforto and GOL Premium class seats, were delivered from the lessor’s orderbook with Boeing as part of the lease agreements originally signed with the carrier in 2020. CDB Aviation’s Head of Commercial, Americas Luís da Silva stated “The 737 MAX is expected to transform GOL’s fleet, providing significant efficiency gains, while supporting deeper penetration into existing markets and new opportunities for expansion.”

China Airlines and Boeing Announce Order for Four 777 Freighters

Boeing and China Airlines announced the carrier has ordered four 777 Freighters, adding to its extensive fleet of Boeing airplanes. Valued at $1.4 billion at list prices, the order will enable the airline to capture new market opportunities as global air cargo demand continues to grow.

Chinese airlines and airports increase IT sustainability says SITA

Chinese airports and airlines are leading the way in automating the passenger experience, according to SITA. In its 2021 Air Transport IT Insights report, SITA said that the Chinese airports and airlines are investing in boosting their passenger management systems. The companies are said to have been introducing biometric technologies at touchpoints across the journey in order to streamline the management of health documentation in the wake of the Covid-19 pandemic

Civil Aviation Administration of China (CAAC) sets out roadmap for green development

China’s civil aviation industry will seek green and low-carbon development during the 14th Five-Year Plan period (2021-2025), per a roadmap issued by the Civil Aviation Administration of China (CAAC). This is the first plan on green development for China’s civil aviation sector.

Hainan Airlines expects to return to net profit for 2021

Hainan Airlines expects to return to net profit for last year following restructuring and a pickup in domestic travel. The airline expects to report a 2021 net profit of between 4.5 billion yuan and 6.2 billion yuan ($708 million to $975 million) after suffering a loss of 64 billion yuan a year earlier, it said in a stock filing.

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