The Australian Transport Safety Bureau (ATSB) is investigating a separation error between two Airbus A330s on March 30 in the far-northwest corner of the continent.
Airbus CEO and EADS boss-in-waiting Tom Enders said at the show yesterday that the Asia Pacific accounted for half of Airbus’s order intake in 2011. Enders was delivering an exceptionally optimistic outlook for the region during the company’s opening Singapore Airshow press conference.
AirAsia X, the Malaysian budget long-haul affiliate of Air Asia, is consolidating business in its core markets of China, Australia, Japan and Korea, according to CEO Azran Osman-Rani, who was speaking to AIN at the Low Cost Airlines World conference in Singapore last week.
Even as Asia Pacific airlines survived a testing 2011, overcapacity as a result of increased fleet orders is still concerning investors, who are already less willing to finance procurements in the current debt-laden environment. This was the message from Sydney-based thinktank the Center for Asia Pacific Aviation (CAPA) at the Low Cost Airlines Asia summit in Singapore last week.
Even as Asia Pacific airlines survived a testing 2011, overcapacity as a result of increased fleet orders is still concerning investors, who are already less willing to finance procurements in the current debt-laden environment. This was the message from Sydney-based thinktank, the Center for Asia Pacific Aviation (CAPA) at the Low Cost Airlines Asia summit here in Singapore last week.
AirAsia X, long-haul subsidiary of Malaysia’s AirAsia, the largest Asian budget carrier, plans to withdraw 11 weekly services to Mumbai and Delhi in India and 10 weeklies to its only European destinations—Paris and London—from its Kuala Lumpur hub.
Asian air transport rebel Tony Fernandes, chief executive of low-cost pioneer AirAsia, will soon join the industry establishment, assuming his planned acquisition of a 20.5-percent stake in failing flag carrier Malaysian Airline System (MAS) proceeds. Last week, his Tune Group agreed to become a significant minority shareholder in MAS in return for Malaysia’s sovereign wealth fund Khazanah Nasional taking a 10-percent holding in AirAsia.
CAE and AirAsia have expanded a prior partnership into a joint venture to provide training for maintenance engineers, technicians, pilots, cabin crew and ground services personnel for airlines throughout the Association of Southeast Asian Nations (ASEAN) region, including AirAsia’s.
CAE (Hall 3 C60) and Mitsui (Hall 4 F169) announced that they plan to establish a joint-venture training center in Japan for the new Mitsubishi Regional Jet (MRJ).
Budget long-haul airline AirAsia X is eyeing a stock market listing and fleet expansion to spread its wings across the globe. The Malaysia-based carrier’s chief executive, Azran Osman Rani, has been in talks with institutional investors about a flotation in the next year or two to fund growth.