Maintenance, repair and overhaul (MRO) service providers are here at the Singapore Airshow chasing more market share in a still-promising Asia-Pacific region.
Association of Asia Pacific Airlines
This year will likely be an improvement on 2009 for airlines in this part of the world but it won’t mean a quick return to profitability, according to Andrew Herdman, director general of the Association of Asia Pacific Airlines (AAPA). But the substantial losses the group’s members have suffered in the last two years should at least be reduced, he told AIN in an interview ahead of this week’s Singapore Airshow.
Given Asia’s affinity for big airplanes and the fact that the region is emerging from the global recession as one of the few in the world that has experienced growth in airline traffic, it should come as little surprise that some of Boeing’s brightest prospects for the 747-8 reside there.
Japan Airlines (JAL) filed for bankruptcy on January 19, hammering home a sobering lesson for air carriers worldwide that the industry’s latest crisis is far from over–despite tentative recovery in traffic volumes.
Boeing is “assessing the market viability of the 787-3” after the only remaining customer for the type, Japan’s All Nippon Airways (ANA), converted its order for 28 of the planned high-density, short-range version of the 787 Dreamliner to an order for the same number of 787-8s.
Royal Jordanian Airlines’ new president and chief executive, Hussein Dabbas, is maintaining the carrier’s long-held ambition to become the Middle East’s airline of choice. After 30 years in the airline’s marketing and sales organization, Dabbas brings contrasting experience to that of his predecessor, Samer Majali, an aeronautical engineer who left Royal Jordanian abruptly four months ago to lead troubled Bahrain carrier Gulf Air.
Mubadala Breaks Ground on Airbus Deal
Tim Clark is relieved, if only slightly, because the Emirates Airline president sees a less bleak future for the local carrier than he projected a few months ago. Following better-than-expected performance through the middle of this year, Clark believes that in 2010 the airline industry should benefit from increased consumer spending, unless the recession deepens or stock markets decline strongly.
While it might seem to have been only yesterday that Airbus launched the mighty A380–and scarcely five minutes since the double-deck widebody entered service with Singapore Airlines (SIA)–by the first quarter of 2010 there will be five carriers with almost 30 aircraft flying on many of the world’s most important routes.
Air New Zealand has ordered 14 Airbus A320s to replace its existing domestic fleet of 15 Boeing 737-300s. Valued at slightly more than $1 billion at list prices, the contract calls for deliveries to start in January 2011 and continue until 2016 to coincide with the expiration of 737-300 leases. ANZ has chosen IAE V2500 engines to power the A320s.