Airbus Restarts A320 Assembly in China
Airbus has restarted operations at its A320neo final assembly line in Tianjin, China. In statement issued on 11 February. The Airbus China division has been authorized by the Chinese government to “Gradually increase production, whilst implementing all required health and safety measures for Airbus employees, which remains the top priority.” Airbus said that it is “constantly evaluating the situation and monitoring any potential knock-on effects to production and deliveries and will try to mitigate via alternative plans where necessary.” The Tianjin factory in southern China makes six A320 aircraft each month.
Boeing: “A Lot Of Pent-Up Demand” In China Widebody Market
Boeing is hopeful to get back into business with Chinese airlines as soon as the trade tension has abated. Also, the impact of the Corvid-19 virus outbreak is “a temporary shock,” to aviation, Boeing’s Senior Vice President Commercial Sales and Marketing, Ihssane Mounir told Aviation Week (12 February). “There is a lot of pent-up demand in the widebody market,” said Ihssane at the Singapore Airshow.
CDB Aviation strengthens Asia Pacific leadership
CDB Leasing, announced the promotion of Sign Kadouh to Head of Asia Pacific. Kadouh is being promoted to the new role from his previous position of Head of Commercial, Asia Pacific. In addition to continuing to lead the Asia Pacific commercial team and driving commercial and strategic activity within the region, including Greater China, South Asia, Southeast Asia, North Asia, Australasia, and the Pacific Islands, Kadouh also will be the operational leader for Asia Pacific, managing the day-to-day activities of the company’s Hong Kong office.
China’s Aviation Regulator Says Supports Airline Mergers
China’s aviation regulator will support restructuring or mergers to help airlines cope with the coronavirus outbreak, noting that the epidemic has hurt the profitability of many carriers. The Civil Aviation Administration of China will continue to lobby authorities to subsidize airlines hurt by travel curbs due to the coronavirus said an CAAC spokesman, adding that more fees would be waived for carriers. The regulator will also support restructuring and mergers among airlines based on their needs, and support them to optimize capacity.
Oliver Wyman sees China Aircraft fleet double by 2030
The next decade will be more challenging for the aviation industry than the 10 years previous years, despite prospects for rising passenger demand, according to Oliver Wyman’s annual Global Fleet & MRO Forecast. China’s fleet is expected to double in size by 2030.
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