Asia Pacific – Page 385
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News
BOC Aviation flags profit boost from US tax changes
Lessor BOC Aviation expects that its net profit for the year ended December 2017 will increase by up to $93 million due to the recent change in US corporate tax rates.
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PICTURE: Air Astana receives first A321neo
Air Astana has taken delivery of its first Airbus A321neo, registered P4-KDC.
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Equity restructuring aimed at attracting investor: PAL
PAL Holdings has reiterated that its ongoing equity restructuring will allow it to attract a new strategic investor.
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CALC orders 15 additional A320neos
China Aircraft Leasing (CALC) has ordered an additional 15 Airbus A320neos, only weeks after closing a deal for 50 of the same type.
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Jet Airways suspends two pilots for leaving cockpit during flight
Jet Airways has grounded two senior pilots following their leaving of the cockpit of the Boeing 777-300ER they were operating, during an argument on 1 January.
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China United, MIAT, Air Algerie barred from more China flights
The Civil Aviation Administration of China (CAAC) has barred China United Airlines, MIAT Mongolian Airlines, Air Algerie, and Ariana Afghan Airlines from adding more scheduled services, charters, and making new route applications into China until the end of March.
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Thailand to turn U-Tapao into MRO powerhouse
The Civil Aviation Authority of Thailand (CAAT) states that the establishment of an aeropolis at U-Tapao International airport will "stimulate the aircraft maintenance industry", as the country looks to become a major MRO player in the Asia-Pacific region.
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AnalysisANALYSIS: Auspicious year ahead for China-Australia routes
This year will see further capacity growth on Australia-China routes in response to strong demand and the open skies agreement between the two countries.
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New Delhi optimistic on Air India narrowing losses
New Delhi projects that state carrier Air India is expected to make a net loss of Rs35.8 billion ($536 million) for the fiscal year ending 31 March 2018.
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ICBC Leasing hires Norman Liu as special advisor
ICBC Leasing has appointed former GECAS chairman, president and chief executive Norman CT Liu as a senior advisor to assist with the global expansion of the lessor.
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Analysis
ANALYSIS: Airlines' year of zero passenger fatalities
Last year was another exceptionally safe one for aviation. Not a single revenue passenger was killed during what the general travelling public would regard as an "airline flight", writes Paul Hayes in FlightGlobal's Airline Safety & Losses Annual Report 2017.
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South Korean police order three Surions
Updated to reflect that fifth KUH-1P has yet to be delivered.
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Complacency, disconnected EGPWS led to Trigana ATR crash
The final report into the fatal crash of a Trigana Air ATR 42-300 in 2015 has highlighted crew, equipment, and organisational issues.
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PIA seeks providers for 777 cabin refurbishments
Pakistan International Airlines is seeking providers for a cabin refurbishment programme covering three 777-200ERs and two -200LRs that will commence in October.
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AVIC cuts metal on MA700 turboprop
AVIC Aircraft says its MA700 turboprop programme has progressed, with the beginning of the manufacturing of components for the aircraft's flaps and cargo door.
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PICTURES: VietJet converts 42 A320neo orders to A321neos
VietJet has converted its entire orderbook for the A320neo to the larger A321neo.
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HK Express targets 14% passenger jump in 2018
HK Express carried 3.79 million passengers in 2017, up 30% increase from the year before, and is targeting to carry 4.35 million passengers this year.
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EVA 777 followed wrong taxi line before pole strike
Canadian investigators have disclosed that an EVA Air Boeing 777-300ER crew followed an incorrect taxiway line before striking a pair of light poles.
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CALC signs with Airbus for 50 A320neos
China Aircraft Leasing (CALC) has signed with Airbus for 50 A320neos in a deal worth $5.42 billion at list prices.
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Chinese lessor CALC launches dollar-denominated securitisation
Chinese lessor CALC has launched a dollar-based asset-backed securitisation on the Shanghai Stock Exchange.