UK-based ACLAS Global is opening a $3 million spares warehouse in the Tax Free Zone at Singapore’s Changi airport to support its growing customers for ATR in the region. The facility that will maintain a range of rotables, consumables and de-ice product types, will be operational from Feb17.
Sanad Aero Solutions Gmbh (Booth D11) has seen assets under management grow three-fold in two years, as its work with a growing number of airlines around the world gains traction.
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.
Low-cost carriers (LCCs) have succeeded in Southeast Asia more than in perhaps any other part of the world. Whereas LCCs carry around 26 percent of global traffic, in countries such as Indonesia, Malaysia, Thailand and the Philippines that figure has exceeded 50 percent. With China’s skies being opened to LCCs the expansion in the Asia Pacific region is set to carry on.
Making its first standalone appearance at an international airshow here in Singapore, software giant Microsoft (Booth E63) will promote a variety of software and hardware solutions for airline passengers, staff and pilots.
“The key for us and the reason why we’re engaging at the airshow is because we’ve been doing a lot of work over the past few years in the airline space and we see airlines as a tremendous opportunity for Microsoft,” said Matthew Muta, the company’s global managing director for hospitality and travel.
Cobham Satcom (Booth M87) recently appointed Jianmin Cui to the new role of regional sales director for China with its aeronautical sales team. The Denmark-based satellite communications specialist sees strong prospects for growth in China’s general aviation market; the Shanghai-based sales executive will also focus on the air transport sector. The group’s main product is the Aviator SwiftBroadband series of communications systems.
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.
Singapore’s transport minister, Lui Tuck Yew, has called for Asian nations to liberalize air transport policies, and build connectivity and infrastructure in the region. He was speaking at the Aviation Leadership Summit, held on February 9 in Singapore.
“Our ultimate goal is to make Russian aerospace and financial products competitive in the global market,” Alexander Ivanov, deputy chairman at Vnesheconombank (VEB), told AIN. Ivanov called Sukhoi a “long-standing partner” for his Kremlin-controlled bank, with whom the latter “has spent two years structuring the workable aircraft sales system support.”