India’s newest domestic startup, full-service Delhi-based Tata SIA Airlines, could have an advantage over newcomer budget-carrier AirAsia India as the latter is forced to wait for its air operators permit (AOP), which has been delayed by the decision of the Indian Directorate General of Civil Aviation (DGCA) to issue a public notice requesting comments. This could put on hiatus AirAsia’s plans of launching before summer.
For Brazil’s Embraer, a lot has changed in the 13 years since it first laid brick and mortar in Asia. The world’s major airframe makers now consider the Asia Pacific region the biggest market for airliners in the world, and Embraer’s establishment first of an office in Beijing and later a joint-venture to build ERJ 145 regional jets in Harbin has proved prescient.
New relationships are changing the Asia Pacific’s airline landscape as it enters a new stage of maturity with once-fierce opponents forming partnerships for reciprocal gains. Overcapacity in fleet numbers has fueled competition and compelled budget carriers to look at cooperation initiatives despite the budget airline industry’s penchant to avoid complexity.
Southeast Asia benefits from having one of the fastest growing economies in the world, driven by the expansion of the trade and tourism sectors.
At the XXII Olympic Winter Games, which open tomorrow and run through February 23, business aircraft passengers and crew visiting the Southern Russian city of Sochi will see the results of massive infrastructure investments–estimated at $50.7 billion–made since 2008.
For Brazil’s Embraer, a lot has changed in the 13 years since it first laid brick and mortar in Asia. The world’s major airframe makers now consider China, for example, the second biggest market for airliners in the world, and Embraer’s establishment, first, of an office in Beijing, and later, of a joint venture to build ERJ 145 regional jets in Harbin has proved prescient.
Year-end 2013 financial results from the newly reconstituted American Airlines Group have quickly established that the long-awaited merger of AMR Corporation with US Airways has resulted in a carrier more viable than the sum of its previously separate parts.
The January 9 decision by Moody’s Investor Service to downgrade the credit rating of Qantas Airways to Ba2 (from Baa3) has prompted fresh calls for the Australian government to provide emergency debt guarantees for the country’s flag carrier.
Signaling another round of consolidation in the Philippine domestic air transport market, Cebu Pacific and Singapore-based Tigerair have entered into a strategic alliance calling for the Filipino budget carrier to acquire Tigerair Philippines (TAP).
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.