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 Aircraft & Manufacturers
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Aeronautics researchers at NASAs Dryden Flight Research Center recently completed flight tests of a ... |
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Australian airline Qantas Friday reassured passengers there was no risk to safety after cracks were ... |
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Hondas first ever commercial aircraft, appropriately named the HondaJet, follows in the footsteps .. ... |
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Airlines business
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In the third quarter of 2011, 79% of scheduled flights were on-time, seven percentage points higher ... |
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Two of Asias largest financial group are vying to buy the aircraft leasing business being ... |
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Airlines business
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| Friday, 07/02/2012, 21:03:09 PM | | | | Airbus lands giant Cathay Pacific order | | |  Comment |  Send To E-mail |  Print | | | | Cathay Pacific has announced plans to buy 36 new aircraft, valued at about HK$75bn (US$9.6bn £6bn).
The Hong Kong carrier has signed a deal with Airbus to purchase 30 A350-900 planes, which it described as "a perfect fit" for its fleet.
It also said it intends to exercise existing purchase rights in respect of six Boeing 777-300ER aircraft.
The plans to expand came as Cathay reported an eight-fold increase in first-half net profit to HK$6.8bn.
"Our passenger and freighter schedules have been restored almost to their pre-downturn levels," chairman Christopher Pratt said.
"If present trends continue, we expect our financial results to continue to be strong in the second half of 2010."
Cathay said the Airbus aircraft would form the backbone of its future mid-size wide-body fleet.
The Boeing planes will be used in the airline's ultra-long-haul and long-haul fleet.
The purchases help move Cathay towards its goal of boosting its fleet by more than a third.
Cathay shares, which have risen 24% so far this year, rose 4.3% on Wednesday.
Source: BBC News | | | |
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 | | Boeing 2Q profit declines 21% | | | Boeing today posted a 21% in net earnings during the second quarter compared to the same period a year ago with fewer airliner deliveries and lower margins in the defence and space market. | | |
 | | Airbus, Boeing Double Orders on Leasing Demand | | | Airbus SAS and Boeing Co. announced 189 orders on the first day of the Farnborough Air Show, more than double the total from last year’s event, as leasing companies returned to the market after the re ... | | |
 | | Air India to Sell Bonds, Land to Sustain Loss-Making Business | | | National Aviation Co. of India Ltd., the state-owned parent of Air India, plans to sell new bonds to sustain the company that has never posted a profit. | | |
 | | FARNBOROUGH: GECAS orders 60 A320s and 40 737-800s | | | GE Commercial Aviation Services has been on a narrowbody spending spree, signing firm commitments for 60 Airbus A320s and 40 Boeing 737-800s. | | |
 | | Singapore A380 With Tampered Seats Gets Clearance for Flight | | | July 16 (Bloomberg) Singapore Airlines Ltd. took delivery of its 11th Airbus SAS A380 today, six months after the plane was originally scheduled for handover, after the company that made the seats w ... | | |
 | | Qantas Accelerates Boeing 787 Delivery as Jetstar Adds Flights | | | Qantas Airways Ltd., Australia’s biggest airline, will take delivery of new Boeing Co. 787 aircraft as much as two years earlier than planned, enabling its discount carrier to widen its network. | | |
 | | Qantas gets earlier delivery slots for eight 787s | | | Qantas Airways has reached a deal with Boeing to bring forward delivery of eight Boeing 787-8s, so its low-cost carrier Jetstar can start operating the aircraft in mid-2012. | | |
 | | Air China Orders 20 Boeing 737-800s | | | Boeing has finalized an order with Air China, the flag carrier of the Peoples Republic of China, for 20 Next-Generation 737-800 jetliners, the manufacturer announced today. | | |
 | | Iberia Maintenance Signs Contract to Repair Components for Vietnam Airlines | | | Iberia Maintenance has signed a contract to repair line replaceable units (LRUs) on Vietnam Airlines A320 fleet, including electro-hydraulic selectors and bypass valves. The "Time & Material" type con ... | | |
 | | Mitsubishi sees strong MRJ orders in Europe and North America | | | Mitsubishi is confident its new Mitsubishi Regional Jet will find strong support in Europe and North America. The manufacturer expects to sell 1,000 MRJs over the next 20 years, and 30% of those are e ... | | |
A320-200.jpg) | | BOC Aviation to Lease Two New A320-200 Aircraft to Spring Airlines | | | BOC Aviation has signed agreements for the lease of two new CFM56 powered Airbus A320-200s to Spring Airlines, the leading low-cost carrier in China. The first aircraft was delivered from Airbus facil ... | | |
emirates-a380.jpg) | | ILA: Emirates orders 32 more Airbus A380s | | | Middle Eastern carrier Emirates has ordered another 32 Airbus A380s, the single biggest deal for the type. | | |
Skyteam.jpg) | | Vietnam Airlines formally joins SkyTeam | | | Vietnam Airlines became a member of SkyTeam Alliance today, paving the way for the Vietnamese national carrier to gain more international traffic. | | |
 | | AirAsia X to seek public listing as independent airline | | | AirAsia X will be spun off into a standalone, publicly traded company with an IPO targeted for the second half of 2011, subject to market conditions, AirAsia Group said yesterday. The long-haul arm wa ... | | |
 | | IATA revises forecast, predicts industry will earn $2.5 billion in 2010 | | | IATA yesterday forecast that the international airline industry will post a profit of $2.5 billion in 2010, a significant upgrade compared with its March prediction of a $2.8 billion loss. | | |
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VALC News
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On November 5th, 2011, Vietnam Aircraft Leasing Company (VALC) took delivery of the EC155 B1 ... |
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On December 6th 2010, The signing ceremony of general terms of engines purchase and support for IAE ... |
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Vietnam Aircraft Leasing Company (VALC) would like to announce that our Head Office will be ... |
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HANOI - As a practical contribution to celebrate the 1000th anniversary of Thang Long-Ha Noi, ... |
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VALC (Vietnam Aircraft Leasing Company) has mandated Calyon as sole arranger of the export credit .. ... |
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