Oil prices continued to see-saw this week, as better manufacturing data from China and higher oil demand in Asia offset more signs that the US economic recovery is faltering. At the end of Aug-2010, US Federal Reserve Chairman, Ben Bernanke, attempted to sooth concerns about the pace of US growth, after...
Shares in Hong Kong-listed Chinese carriers were generally stronger yesterday, led by China Eastern Airlines, with a share price surge of 5.5%. Shares in Air China, China Southern and Hainan Airlines, meanwhile, gained 4.3%, 2.4% and 0.9%, respectively, with Cathay Pacific shares increasing 2.9%.
Cebu Pacific recently became the largest airline in the Philippines by domestic traffic and capacity, overtaking flag carrier, Philippine Airlines. The LCC has been going from strength to strength, expanding its route network and fleet, as PAL cuts back operations and slows growth, amid financial and...
CAPA is the leading global aviation knowledge practice, delivering market analysis and data to support strategic decision making at hundreds of the most recognised organisations in the industry. Established for 20 years, CAPA has developed an unrivalled reputation for independence, insight and integrity...
CAPA is the leading global aviation knowledge practice, delivering market analysis and data to support strategic decision making at hundreds of the most recognised organisations in the industry. Established for 20 years, CAPA has developed an unrivalled reputation for independence, insight and integrity...
Brazil is due to host two of the world’s largest sporting events over the next six years. The traffic surges forecast for the 2014 FIFA World Cup and then for the 2016 Olympic Games, as well as the anticipated post-event increases in international tourism, will present major challenges for all segments...
North American airline stocks made strong advances on Friday (03-Sep-2010) after the Dow (+1.2%) was boosted by news US jobs declined much less than expected for Aug-2010.
Airbus' positive momentum in 2010 continues, with the manufacturer’s Aug-2010 orders and deliveries report revealing orders for 15 new aircraft and deliveries of 37.
European airline shares climbed again on Friday (03-Sep-2010) as wider markets reached a three-week closing high. Markets were up on news US employment declined much less than expected in Aug-2010, a sign the economic recovery is performing better than previously thought.
Unlisted flydubai will take delivery of its first B737-800 aircraft equipped with Lumexis' "Fibre To The Screen" IFE product next month. The carrier and Lumexis previously signed an agreement covering the installation of the FFTS system in 44 B737-800NGs.
MAp (+3.3%) shares were on the rise on Friday (03-Sep-2010). Standard & Poor's announced plans to include MAp in its index of Australia’s 50 largest companies, replacing New Zealand’s Telecom Corp.
India's Ministry of Civil Aviation approved the purchase of 46 new aircraft, valued at USD4.1 billion, by SpiceJet, IndiGo and JetLite. In total, Boeing will supply 32 aircraft, while Airbus will supply 14 aircraft. Shares in SpiceJet slipped 0.1% on Friday.
Singapore Airlines’ CEO, Chew Choon Seng is to step down from his role at the end of 2010. His successor, as widely expected, is to be Goh Choon Phong, currently EVP for Marketing and Regions. Mr Goh will join the SIA board on 01-Oct-2010 and assume the CEO role on 01-Jan-2011. The succession is orderly...
This year’s Airport Exchange 2010, the premier global industry event, is shaping up to be a blockbuster, with over 1,500 key industry players expected, enhanced networking onsite and over 130 speakers ready to share their expertise on a wide range of topics. This year's landmark event promises to...
China Airlines stated it would join Sky Team Alliance, with the CEOs of Sky Team's 13 member airlines scheduled to visit Taiwan later this month and sign an LoI with the carrier.
CAPA is the leading global aviation knowledge practice, delivering market analysis and data to support strategic decision making at hundreds of the most recognised organisations in the industry. Established for 20 years, CAPA has developed an unrivalled reputation for independence, insight and integrity...
Croatia’s Zagreb Pleso Airport is reported to have received interest from Frankfurt, Zurich and Vienna airports to become concessionaires for the construction of the airport’s new terminal. The Croatian Government plans to announce the tender once necessary documentation is completed on 15-Oct-2010...
Germany’s unlisted Berlin Brandenburg International Airport (BBI) is expected to have total capital investment of EUR2.5 billion, with the German Government to invest a further EUR600 million for the construction of a train terminal and a further EUR70 million for the construction of roads to the...
European airline shares were mixed on Monday (06-Sep-2010), as European carriers reported improved passenger numbers but declines in load factor for Aug-2010. Light trading in the wider market due to US markets being closed also confused airline shares for the day.
easyJet and Ryanair handled a combined 12.9 million passengers in Aug-2010, with easyJet reporting a 8.4% increase in passengers to 5.2 million and Ryanair recording a 12% jump in passenger numbers to 7.7 million – or 2.5 million more than easyJet.
Sales in the West for the Sukhoi Superjet 100 have been few and far between, but Sukhoi has registered another success this month. On 02-Sep-2010, California-based Willis Lease Finance signed an MoU valued at USD300 million to acquire six Sukhoi Superjet (SSJ 100) regional jets and options for four...
Several Asian stock markets advanced for a fourth consecutive session on Monday, with the Nikkei Stock Average (Tokyo) rising 2.1%, the S&P/ASX 200 (Sydney) adding 0.8%, The Sensex (Mumbai) gaining 1.9%, the NZX 50 (Wellington) increasing 1.2% and the Wintek (Taipei) soaring by the daily 7% limit. The...
CAPA is the leading global aviation knowledge practice, delivering market analysis and data to support strategic decision making at hundreds of the most recognised organisations in the industry. Established for 20 years, CAPA has developed an unrivalled reputation for independence, insight and integrity...
US President Barack Obama has announced a six-year comprehensive infrastructure plan to expand and renew roads, railways and runways in the US, with an initial investment of USD50 billion. It could go as high as USD700 billion.
Hong Kong Airlines, a relatively unknown Hong-Kong based carrier, has shown in the past few months that it intends to increase its profile in the market and position itself to better compete with Hong Kong giant, Cathay Pacific. The carrier last month at the Farnborough Air Show announced a new order...
Air Arabia (Maroc), a joint venture between various Moroccan investors and Air Arabia (+0.7%), confirmed on Tuesday (07-Sep-2010) plans to launch Casablanca-Alexandria service in Oct-2010, with the route representing the 12th destination on Air Arabia’s growing network from Morocco.
North and South American airline shares declined on Tuesday (07-Sep-2010), as investors looked to sell airline stock as the carriers move into the autumn low season. Stocks were also down in the wider market, with the Dow ending trading flat on European banking concerns.
Russia’s stated-owned United Aircraft Corporation (UAC) announced plans to invest USD300 million in infrastructure to support Irkut’s new MS-21 narrowbody. Irkut’s main manufacturing site, which currently produces military aircraft, will undergo upgrades. In addition, new manufacturing facilities...
European airline shares were down on Tuesday (07-Sep-2010), following disappointing traffic results and a decline in wider markets. The banking sector pushed markets lower for the day, after The Wall Street Journal stated bank stress tests did not provide a clear picture of government debt holdings...
Norwegian Air Shuttle shares slipped 4.2%, as the carrier reported a 10% yield reduction to EUR 6.59 cents and a 13% slump in RASK to EUR 5.20 cents in Aug-2010.
