The third edition of Asian Aerospace since its move from Singapore to Hong Kong got off to a flying start on Tuesday, when Hainan Airlines Group (HNA) subsidiary Hong Kong Airlines ordered 38 Boeing airliners. The deal involved thirty 787-9 Dreamliners, six 777 freighters and two VIP-configured 787-8s.
Air China became the third airline to commit to the passenger version of the Boeing 747-8 since the launch of the program in 2005 with the signature of an “agreement” covering five 747-8 Intercontinentals. The agreement remains contingent on Chinese government approval, at which time Boeing will post the contract in its firm order book.
In early 2007, Air China and CFM International agreed to establish a maintenance, repair and overhaul (MRO) joint venture. After three years of negotiations the two companies have cleared the final hurdle and have received Chinese government approval for the formation of Sichuan Services Aero Engines Maintenance Company (SSAMC), a 60-40 joint venture between Air China and CFM, located in Chengdu, China.
Last month’s China International Aviation & Aerospace Exhibition in Zhuhai provided a boost for those in business aviation growing tired of hearing about the country’s seemingly limitless, but so far unfulfilled, scope for growth in this sector. The number of business jets in China is set to soar from its current level of 100 or so to between 700 and 900 by 2019, according to the latest manufacturer projections made at the event.
Chinese authorities plan to begin a feasibility study for a second airport to serve Beijing. China's National Development and Reform Commission (NDRC), the Civil Aviation Administration of China (CAAC) and Beijing's municipal government will begin planning for the new facility later this year.
Boeing has finalized an order with Air China, the flag carrier of the People's Republic of China, for 20 Next-Generation 737-800 jetliners, the manufacturer announced today.
Air China operates international and domestic passenger and cargo services. The carrier plans to use the airplanes to expand its domestic routes.
The Civil Aviation Administration of China (CAAC) has selected Pratt & Whitney to form a partnership that will offer executive leadership training programs for Chinese airlines, CAAC management and those in maintenance, repair and overhaul.
Ameco Beijing (Stand F81) is promoting its maintenance services to increase the use of its new facilities. “Our logistics center is to fully open in May,” CEO Andreas Meisel told AIN. The company recently completed a A380 hangar and a 747 shop expansion, for a total $220 million investment between 2005 and 2010. He is counting on Asia’s growth, especially in China.
Asia is set to be at the epicenter of a resurgence in business jet sales, according to Honeywell Aerospace’s latest market forecast. In the most recent survey, 58 percent of operators in Asia indicated that they intend to replace or expand their fleets over the next five years. This was step up from the 2008 survey, when almost 50 percent had said they would buy new aircraft following a nine-point gain that year compared with 2007.