October airline traffic statistics published by the International Air Transport Association (IATA) last week showed substantial growth in virtually every region of the world, as global revenue passenger kilometers rose 6.6 percent compared with the same month a year earlier and 5.2 percent over September’s results. Even the cargo market resumed its fragile recovery in October, generating a 4-percent increase in freight ton kilometers.
AIN Air Transport Perspective » December 9, 2013
Talks between Cambodian telecommunications, banking and property tycoon Kith Meng and Philippine Airlines (PAL) over a new Cambodian flag carrier called Cambodia Air have intensified following their failure to realize plans to close on a deal on October 15.
On April 25, PAL’s board agreed to acquire a 49-percent stake in Cambodia Air, now solely owned by Meng’s company, Inter Logistics (ILC).
Keen to show his airline can operate as a profitable carrier amid assertions that it survives on the largesse of its government benefactors, Qatar Airways CEO Akbar Al Baker offered revealing insights at last month’s Dubai Airshow into some of the internal machinations and brinkmanship that shape aircraft purchase negotiations. The colorful and sometimes controversial Al Baker played coy about his interest in the 777X while fully intending to engage Boeing in serious negotiations that eventually led to a blockbuster sale.
Facing the prospect of increasing competition from European carriers, El Al Israel Airlines plans to launch a new low-fare brand named Up next March. Up will start by offering one-way introductory fares of $69 for departures from Israel to Prague and Budapest; and $99 to Berlin, Kiev and Larnaca, Cyprus.
Following delivery last week of the first 787-9 rudder built in China by Chengdu Civil Aviation (CCAC), Boeing extended its supply chain further for yet another airfoil subassembly, choosing the UK’s GKN Aerospace to build the winglet for the 737 Max. GKN joins Korean Air Aerospace Division (KAL-ASD) in South Korea as co-supplier of the raked, dual-feather-design winglet.
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