Leasing groups Amadeo and Dubai Aerospace Enterprise (DAE) yesterday pushed the airliner orders tally for the 2014 Singapore Airshow close to $30 billion, with separate deals for up 60 new aircraft. Amadeo, which up until Monday this week was known as Doric Lease Corp., firmed up an order for 20 Airbus A380s that had been the subject of a memorandum of understanding signed at the last Paris Air Show in June 2013. Meanwhile DAE inked a $1 billion contract with ATR for up to 40 ATR 72-600s turboprops.
Association of Asia Pacific Airlines
As Indonesia’s national carrier Garuda initiates efforts to enhance service through increased frequencies and destinations, in anticipation of its move to join the SkyTeam global alliance in March and the ASEAN Open Skies in 2015, it is looking at adding around 200 to 250 aircraft to its fleet between 2015 and 2025.
The carrier, which is to soon finalize its plans for a mix of narrow- and widebody aircraft, is expected to seek board approval this year to increase its fleet to 350 to 400 from its present 133 by 2025, CEO Emirsyah Satar told Reuters in Hong Kong.
Rolls-Royce and Cathay Pacific have agreed a TotalCare support contract for Trent 700 engines that power Cathay Pacific group’s 60 Airbus A330 aircraft in-service and on-order with Cathay Pacific group airlines, Rolls-Royce announced in Singapore on Monday. The contract runs for as long as Cathay Pacific and its sister company Dragonair operate the Trent-powered A330s.
Cathay Pacific became the first airline to operate any Trent engine when its Airbus 330s entered service in 1995 and today it stands as the largest Rolls-Royce Trent 700 customer.
Asia Pacific governments have long considered development of their aerospace industries a prime opportunity for technology renewal and overall economic growth. Several big OEMs have answered the call to help, allowing countries such as Singapore and Malaysia to develop into some of the world’s most active aerospace manufacturing, services and technology centers. Others, such as the Philippines, Thailand and Indonesia, show particular promise due to their rapidly expanding economies and young, energetic populations hungry for jobs.
The 15-member Association of Asia Pacific Airlines (AAPA), which addresses a wide range of issues of common interest to the region’s aviation industry, is focusing its efforts on extending its membership base to South Asia–to include the time zones between GMT+5 to GMT+12, extended from the previous GM
Boeing delivered a bullish market forecast for airplane sales in the Asia-Pacific region on February 10, citing strong anticipated economic and passenger growth over the next 20 years. The manufacturer expects that the region’s gross domestic product will grow at 4.5 percent annually over the next two decades, fueling annual passenger traffic growth of 6.3 percent and cargo growth of 5.8 percent.
Southeast Asian carriers VietJetAir and Myanmar Airways maintained the region’s strong growth-curve yesterday, announcing new airliner deals worth almost $7.4 billion. At the Singapore Airshow, Vietnam’s VietJetAir gave Airbus a $6.4 billion contract covering firm orders for 42 A320neos, 14 A320ceos and seven A321ceos.
The full international debut of Airbus’s A350XWB airliner will dominate both the static and flying displays on the first two days of the Singapore Airshow. The European airframer’s second flight test airplane–MSN3–arrived here over the weekend and flew a display rehearsal on Sunday afternoon over the Singapore Strait. It is due to depart at the end of Wednesday.
Delivery of SilkAir’s first Boeing 737 a little over a week ago in Washington state marked the fulfillment of what Boeing Commercial Airplanes vice president of sales Dinesh Keskar characterized as a “major win” for the company in the Asian market. In fact, while Boeing would no doubt relish the chance to convert any Airbus operator, the contract with the Singapore Airlines subsidiary came as particularly satisfying given the impressive market share its rival from Europe has established in the region over the past decade or so.
A rare, once-a-generation diplomatic conference is planned for next month in a bid to update international law on dealing with unruly passengers. Likely to be held in Montreal, Canada, the headquarters city of the International Civil Aviation Organization (ICAO), the diplomatic conference is the culmination of a five-year process to revise the 50-year-old Tokyo Convention, a process triggered by an International Air Transport Association (IATA) proposal in 2009.