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Old November 10th, 2010, 11:50 AM   #801
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Beijing Capital Airport October Passengers Up 12% On Year At 6.7 Mln
10 November 2010

HONG KONG (Dow Jones)--Passenger traffic at Beijing's international airport rose 12% in October from a year earlier, boosted by China's growing demand for air travel, according to data issued Tuesday by airport operator Beijing Capital International Airport Co. (0694.HK).

Beijing Capital is China's busiest airport in terms of passenger throughput. It overtook major airports such as Chicago's O'Hare and Paris' Charles de Gaulle last year to become the world's third busiest airport by passenger traffic, up from eighth place in 2008.

The airport operator said in a statement the Beijing airport handled 6.7 million passengers in October, while aircraft movements during the month rose 6.6% to 44,740. It didn't provide year-earlier figures for comparison.

In the January-October period, passenger traffic at the airport rose 14% from a year earlier to 62.09 million passengers, and aircraft movements rose 6.2% to 431,210.
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Old November 11th, 2010, 01:47 PM   #802
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China Eastern Oct passenger volume up 53.61 pct y-o-y

BEIJING, Nov.11 (Xinhua) China Eastern Airlines (CEA.NYSE; 00670.HK; 600115.SH) transported 5.618 million passengers in October, registering a surge of 53.61 percent year on year.

Its passenger load factor marked 80.95 percent in the month, up 5.64 percentage points from the same period of last year.

It carried 375.05 million metric tons (tonnes) of cargo and mails in October, up 58.47 percent year on year.

Its freight ton-kilometers registered a year-on-year rise of 58.47 percent to 375.05 million metric tons (tonnes).

The revenue passenger-kilometer for China Eastern posted a year-on-year rise of 54.65 percent in October, to 8.8082 billion.
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Old November 12th, 2010, 11:55 AM   #803
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China Southern Airlines passenger volume up 15.1 pct y-o-y in October

BEIJING, Nov.11 (Xinhua) -- China's largest airline firm by fleet size China Southern Airlines (ZNH.NYSE; 01055.HK; 600029.SH) transported 7.05 million passengers in October, registering a rise of 15.1 percent year on year.

Its passenger load factor was 82.2 percent in the month, up 3.9 percentage points from the same period of last year.

It carried 103,250 metric tons (tonnes) of cargo and mails in October, up 34.6 percent year on year.

Its available tonnes-km registered a year-on-year rise of 26.6 percent to 1.74 billion. Its available seats-km was 12.3 percent higher year-on-year of 12.31 billion.

The revenue passenger-km for China Southern posted a year-on-year rise of 17.9 percent in October, to 10.12 billion.
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Old November 15th, 2010, 05:09 PM   #804
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China's aviation industry set to take off after lifting of airspace

BEIJING, Nov.15 (Xinhua) -- The news that China is to open its low-altitude airspace to private aircraft -- on the eve of the 2010 Airshow China -- is expected to set off a boom in the aviation market.

Part of the low-altitude airspace will be opened to promote the country's general aviation sector, including the purchase and use of private planes, said a document jointly issued by the State Council and the Central Military Commission on Sunday.

"The open airspace reform will definitely inject energy into the general aviation industry, and of course, some Chinese are hoping to realize their long-expected dreams of flying," said Lin Zuoming, general manager of Aviation Industry Corporation of China (AVIC), on Monday.

The reform will be piloted in some areas next year and gradually extended to other parts of the country, according to the document.

This news is set to be the hottest topic at the eighth China International Aviation and Aerospace Exhibition (Airshow China), which opens on Nov. 16 in Zhuhai, east China's Guangdong Province.

About 600 exhibitors and 70 different models of aircraft from around the world will be on show.

Stocks in aviation maintainance, management and pilot training industries were buoyed by the news Monday.

Shares in China Ocean Helicopter Company (COHC), which has China's largest civil helicopter squadron, jumped by 6.87 percent, while shares in Sichuan Haite High-Tech Co.,Ltd, a maintenance and aviation equipment specialist, were up 3.69 percent. Both companies are listed on the Shenzhen Stock Exchange.

OPEN SKIES

"It's a clear timetable, practical guidance. It is a positive signal on China's low-altitude airspace reform", said Li He, regional manager of Hong Kong-based Avion Pacific Ltd., a general aviation sales and service company.

Li said rumors of the reform had been circulating for months, and some of China's super rich were ready and willing to pay hundreds of millions of yuan for private aircraft.

Currently, owning a plane is one thing, flying it is quite another.

China's low-altitude airspace is controlled by the Air Force and the Civil Aviation Administration of China (CAAC). Every single private aircraft flight needs approval, and the procedure can take from a day to a week.

The bureaucracy has hampered demand for private aircraft.

According to the document, China's low-altitude airspace will be divided into three sections: controlled areas; monitored areas; and areas where aircraft can fly freely after reporting the flight plans in advance.

"I will be able to fly openly in the sky and not just secretly to the top of some hills," said a Sichuan man surnamed Gan, who bought a helicopter in 2008.

GROUNDED IN FRUSTRATION

"Opening up low-altitude airspace is like formating an expressway network in the air. It is the precondition for rapid growth of the general aviation industry," said Wang Bin, president of Avicopter Corporation Limited.

Increased market demand would be unleashed, promising a bright future for the manufacturing and service industries, Wang said.

The Hurun Rich List 2010 lists 1,363 individuals with a personal wealth of 1 billion yuan (150 million U.S.dollars) in China.

Other research suggests there are about 300,000 potential private plane buyers in China.

"Some of my super rich friends cannot wait to buy a private plane. They have placed orders to put them under trusteeship in my general aviation base, which is under construction," said Deng Bin, president of a high-tech company and a private plane club owner in Chengdu, southeast China's Sichuan Province.

One of the pioneers of China's private plane ownership, Deng received his pilot license in 2003 and has owned two planes since 2007.

However, frustrated by the country's patchy services, he decided to invest more than 200 million yuan (30.1 million U.S. dollars) in a world-class general aviation service base in Chengdu, which he thinks would be profitable.

OBSTACLES LINGER

The document called for an efficient management and operation mechanism to enable the development of the general aviation sector.

"Of course, it is a good start, but just a start. China's general aviation has a long way to go, since it needs all-round efforts from both the government and the industry," said Li Zhongliang, an official with the Civil Aviation Flying College of China in Chengdu.

Located in Guanghan City, the college is one of the largest civil aviation universities in China, mainly fostering professional civil aviation air crews.

"We accept applications for training individuals to fly, but it can take quite a long time to wait, since training staff and facilities are also limited," said Li.

Even if they received their license, it was still difficult for private plane owners to find an airfield to take off from and land on.

Inadequate ground facilities have been a key reason in keeping China's private plane sales and the general aviation market sluggish.

"Storage, maintenance, training and commission rental services, all of the headaches that I have experienced will be solved in the new base," Deng said.

He believed the extreme shortage of general aviation services in China would become a great market for him and his peers. Enditem
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Old November 15th, 2010, 05:10 PM   #805
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China Unveils Life-Size Mock-Up Of First 160-Seat C919
15 November 2010

ZHUHAI, China (Dow Jones)--China unveiled a life-size mock-up of its first large passenger jet designed to compete with Boeing Co. (BA) and Airbus as one of the state companies behind it predicted that "hundreds" of orders would be placed during this week's Zhuhai Airshow.

The orders for the single-aisle 160-seat C919 would likely come from domestic Chinese airlines and foreign leasing companies, said Zhang Xinguo, vice president of the Aviation Industry Corp. of China, a major shareholder in the plane's maker, Commercial Aircraft Corp., or Comac.

The C919 will compete with the Boeing 737 and the Airbus A320. The two Western commercial aircraft manufacturers now dominate a Chinese market estimated by Boeing to be worth $480 billion over the next two decades.

"During this air show, I believe hundreds" of orders for the C919 will be announced, Zhang told a news conference in the southern city of Zhuhai on the eve of the six-day event.

He didn't name any prospective buyers, but industry observers say they are expected to include the state-run domestic airlines Air China Ltd. (AIRYY, 0753.HK), China Eastern Airlines Corp. (CEA, 0670.HK) and China Southern Airlines Co. (K3TD.SG, 1055.HK), as well as maybe Hainan Airlines Co. (600221.SH).

Another possible buyer is General Electric Co.'s (GE) leasing arm, which agreed to purchase 25 Comac ARJ21 regional jets at the last Zhuhai Airshow in 2008. GE executives have said the company planned to lease the 70-seat ARJ21s to China's domestic airlines for use within the country. Several Chinese airlines have since placed orders for that aircraft.

(This story and related background material will be available on The Wall Street Journal Web site, WSJ.com.)

The expected order announcements would represent a symbolic vote of confidence in China's decades-long quest to develop a large passenger jet--a project that it rates alongside its space program in terms of national prestige.

Still, it is unclear how firm the expected order announcements will be, and whether Comac will require a non-refundable deposit from prospective buyers, as is demanded by most foreign manufacturers. Given the importance of the C919 project, order announcements could be politically driven.

Some industry insiders have also questioned whether the C919 will be completed on schedule--noting that the ARJ21 is already almost two years behind its original launch date of 2009.

The C919 is not expected to make its first flight until 2014, and the first deliveries are not expected until 2016. The mock-up unveiled Monday was life-size, but consisted of only the front half of the fuselage, with a cockpit simulator.

Several U.S. and other foreign suppliers are working on the C919, including CFM International Inc., a venture between GE and Safran SA (SAF.FR) that won a $10 billion contract to make its engines.

China's civil aviation market is undergoing enormous growth, with nationwide airline passenger numbers up 18% from a year earlier in the first nine months to 200.7 million, according to the Civil Aviation Administration of China.

Boeing predicted this month that China would likely require 4,330 new commercial airplanes valued at $480 billion over the next 20 years, making it the world's biggest airplane market after the U.S.

China has continued to buy foreign jetliners even as it seeks to develop its own, placing orders for 102 planes from Airbus this month during a visit to France by President Hu Jintao.

But Beijing ultimately hopes that its aircraft industry--one of a dozen or so identified by the government as being of strategic importance--will start to compete with Airbus, Boeing and other foreign manufacturers on the international, as well as the domestic, market.

The ARJ21 has already had some success, attracting 240 orders from home and abroad, and the first deliveries are expected to be made next year, Tian Min, chief accountant of Comac, said Monday, according to the official Xinhua news agency.

Four aircraft were undergoing test flights while another two were being tested on the ground in order to earn airworthiness certificates from the Federal Aviation Administration in the U.S. and the Civil Aviation Administration of China, Xinhua quoted him as saying.
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Old November 15th, 2010, 05:15 PM   #806
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Source : http://pic.feeyo.com/posts/515/5158050.html













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Old November 16th, 2010, 02:34 PM   #807
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China will need more than 3,750 jumbo jets by 2029: report

ZHUHAI, Nov. 16 (Xinhua) -- China will need more than 3,750 jumbo jets to meet market demand by 2029, Commercial Aircraft Corporation of China (COMAC) predicted in a report Tuesday.

Over the next 20 years, air passenger volume in China will be the fastest growing in the world, expanding at an annual 7.7 percent compared with a 5.2-percent growth rate for the global average, the report said.

COMAC released the report at the eighth China International Aviation and Aerospace Exhibition that began Tuesday in Zhuhai City in south China's Guangdong Province.

The new demand for aircraft in China by 2029 will total more than 450 billion U.S. dollars in value, or about 13 percent of the world total.

The report is COMAC's first on China's and the world's civil aviation market. The company said it will begin releasing such a report once a year in the future.

During the exhibition, also known as Airshow China, COMAC said it had struck deals to deliver 100 of its homegrown C919 jumbo jets to Air China and five other domestic and overseas airline companies.
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Old November 16th, 2010, 07:32 PM   #808
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Aviation sector set for takeoff
16 November 2010
Copyright 2010 China Daily Information Company. All Rights Reserved.

Government approval of plans to open part of its low-altitude airspace to the general aviation industry may unleash pent-up demand for private air services and create a market worth more than one trillion yuan ($150 billion), experts said.

A circular jointly issued on Nov 14 by the State Council and the Central Military Commission said China will gradually open part of its low-altitude airspace - altitudes lower than 1,000 meters - for private flights to promote the country's general aviation sector, or the use of aircraft for purposes other than those of airlines, the military and the police.

According to the circular, the country's low-altitude airspace will be divided into three sections: areas under control; areas under surveillance; and areas where aircraft can fly freely after reporting their flight plans in advance.

Previous regulations placed low-altitude airspace under strict control throughout China, forcing private planes to apply in advance for flight approval, which often took a long time.

As a result of this policy, a sharp contrast has emerged in China between the huge size of its population and the low number of aircraft used for general aviation.

"Demand for private air services is growing rapidly among the wealthy, but the administrative hurdle is in the way," said Lu Yongguang, an industrial analyst from Central China Securities.

There are around 1,000 aircraft used for general aviation across the country, while the United States has 222,000 registered general aviation planes and Canada has 10,000, Lu added.

"The gap is a result of the (restricted) airspace," said Scott C. Donnelly, president and chief executive officer of the US-based aircraft specialist Textron Inc.

Donnelly said Chinese restrictions on both business jets and pilot training are still stiff, making the procedure extremely complicated.

But he anticipates China making its low-altitude airspace more accessible for general aviation.

"More business people in China have started to buy private jets and a growing number of people want to learn to fly. Once the airspace is allowed for general aviation use, you will see many businesses benefiting from it," he said.

Shane Tedjarati, president and CEO of Honeywell China and India, the US-based maker of flight controls, auxiliary jet engines and industrial automation products, said the decision to open low-altitude airspace for private planes - with the initial majority to be helicopters - will boost the efficiency of not only the police and emergency services, but also executives.

A helicopter trip from an office in Hong Kong to a manufacturing base in Zhongshan city of Guangdong province takes up to 25 minutes, whereas a day is required to make the same journey by car or train.

The circular said an efficient management and operation mechanism will be established to facilitate the development of the general aviation sector.

"Over the next five to 10 years, China will build a mechanism of regulations, services, infrastructure, pilot training facilities and flight safety monitoring facilities," the circular said.

Trial operations of the open airspace reform will start in some areas in 2011 before being expanded to other parts of the country.

But some analysts are skeptical about a quick change in the industry. Li Lei, an analyst at CITIC China Securities, pointed out the absence of a detailed plan on the use of low-altitude airspace and that the actual market situation was unclear.

Li said trial operations of the reform will begin in the cities of Changchun, Guangzhou and Shenyang.
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Old November 17th, 2010, 07:36 PM   #809
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Bombardier sees strong aircraft demand in China
17 November 2010

ZHUHAI, China, Nov 17 (Reuters) - Canadian group Bombardier Inc is banking on strong demand in China's fast growing economy to land orders for its new CSeries planes, a company executive said.

Bombardier forecast global demand for 100- to 149-seater commercial planes to be around 6,700 over the next 20 years, of which China will account for 1,400 as a billion Chinese fly for business or leisure early next decade.

"I am very bullish about the Chinese market. It is still a big task for us to work with the airlines (and to) demonstrate to them that it is a good airplane for them to add to their fleet," Trung Ngo, a vice president for Asia Pacific, told Reuters on Wednesday.

The CSeries of the world's third-largest civil aircraft maker is a family of narrow-bodied, twin-engined planes with 100-140 seats, and competes with the Airbus A320, Boeing's 737 and COMAC's C919 when China launches it in the next few years.

Planes such as the CSeries, which uses engines made by United Technologies unit Pratt & Whitney, and COMAC's C919 are more fuel efficient compared to those built now, analysts said.

Montreal-based Bombardier plans to launch the plane in the latter part of 2013.

Analysts said they were disappointed that the company failed to clinch any Chinese orders at the airshow, especially for its CSeries.

China plans to build 90 new airports in the next 10 years, many of them in western provinces.

"The traffic growth will be driven by the western provinces," Ngo said.
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Old November 18th, 2010, 05:45 PM   #810
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China set to be high-flier of global airliner fleets
17 November 2010
SCMP

China's share of the world airliner fleet will grow from the current 8 per cent to 14 per cent over the next 20 years.

This means the nation will need 4,912 planes by 2029, compared to last year's 1,465, according to the country's leading aircraft maker.

In its first global market report, Commercial Aircraft Corporation of China (Comac) said that more than 30,000 new aircraft, costing US$3.4 trillion, would be needed worldwide to cope with increasing air travel and to replace planes over the next 20 years, when the world's commercial passenger fleet would double from more than 17,000 aircraft now.

Comac released its forecast an hour after announcing that six companies had signed letters of intent to buy its C919 aircraft. The narrow-bodied C919, which will seat more than 150 passengers, is not expected to make its first flight until 2014.

The Comac forecasts are similar to estimates produced by American aircraft-giant Boeing, but more bullish than those by rival Airbus.

Boeing revised its projection for new aircraft deliveries to China this month. The company now forecasts that China will need 4,330 new commercial planes, valued at US$480 billion, over the next 20 years, with the bulk of new deliveries fuel-efficient, single-aisle aircraft.

Overall, Boeing forecast that 30,900 commercial aircraft, costing US$3.6 trillion, would be delivered worldwide by 2030.

Confirming the changed projections two weeks ago, Randy Tinseth, marketing vice-president for Boeing, said: "We expect domestic passenger traffic for China to grow at a rate of 7.9 per cent on average."

Comac forecast 7.7 per cent annual growth in passenger traffic in China, including Hong Kong and Macau, over the next 20 years.

By comparison, Airbus said last year there would be a global need for 24,097 passenger aircraft by 2029 to meet a 4.7 per cent annual increase in overall world passenger traffic.

Turning to aircraft types, Comac said the biggest market was for narrow-bodied, single-aisle aircraft such as the Airbus A320 or its C919. It forecast a global need for 19,921 of these aircraft by 2030, and for 6,916 twin-aisle jumbo-jet-sized aircraft.

Dang Tiehong, director of Comac's marketing research centre, said that while the development of new airports in China over the next 10 years would be good for sales of regional aircraft, including the firm's ARJ21, the growth of high-speed railways would also influence demand.

Trunk routes, such as that between Shanghai and Beijing, the busiest in the country, would be affected by railway development.

But Guo Qing, vice-president of marketing for regional-jet maker Embraer China, said the development of high-speed railways could foster the expansion of air services to second- and third-tier airports not served by such railways.

Guo said Embraer forecast worldwide demand for about 940 aircraft in the 30- to 120-seat range over the next 20 years. These would cost about US$28.2 billion.

He said these would comprise 20 planes with between 30 and 60 seats, 445 aircraft with 60 to 90 seats and 505 planes with 100 to 120 seats.
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Old November 18th, 2010, 07:18 PM   #811
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Air China announces 4.49 billion-dollar Airbus deal
19 November 2010
AFP

Air China is to buy 20 passenger planes from Airbus in deal worth 4.49 billion US dollars, the airline said in a statement filed with the Hong Kong stock exchange on Thursday.

China's leading carrier said it would acquire 10 Airbus A330 and 10 Airbus A350 series aircraft from the France-based aviation consortium, for which it would pay in cash instalments.

The A330s will be delivered in stages from 2013 to 2015 and the A350s from 2018 to 2020, Air China said in its statement.

Airbus had granted Air China "significant price concessions" for the aircraft and the purchase will be funded by business operations, bank loans, and "other financing instruments," the airline said.

Air China estimated the acquisition would increase the capacity of its fleet by 18.6 percent.

The acquisition will "optimise the fleet structure of the Company and is in line with the market requirements (and) will deliver more cost-efficient performance and provide comfortable services to passengers."

Air China serves more than 120 domestic and international destinations with its fleet of more than 260 Airbus and Boeing jet aircraft, according to state media.

"Air China has ordered more than 200 Airbus and Boeing planes so far. In 2009, Air China carried 41.28 million passengers," Xinhua news agency reported, quoting the airline's website.

The statement follows several major acquisitions by Chinese carriers in recent weeks, including China Southern Airlines' 3.78 billion-dollar deal for 36 Airbus planes.

The China Southern deal, for A320s and A330s between 2012 and 2015, was announced as China's President Hu Jintao arrived in France for three-day state visit.

This week, Air China, China Southern and China Eastern -- China's three largest airlines -- were among the reported buyers of 100 C919 airliners, the 190-seat jet built by the Commercial Aircraft Corporation of China (COMAC).

COMAC announced the deals at the Zhuhai Airshow in the southern province of Guangdong, challenging industry giants Airbus and Boeing in what is expected to become the world's largest aviation market.

Airbus rival Boeing said earlier this month it expected China's civil aircraft fleet to triple over the next 20 years.

"China is one of the world's fastest growing and dynamic aviation markets, driven by the urbanisation of China, the growth of its economy and an ever increasing personal wealth," Randy Tinseth, vice president of marketing for the US aerospace giant, told a briefing in Beijing on Tuesday.

Chinese airlines will need 4,330 new jets valued at 480 billion dollars over the next two decades, compared with global demand of 30,900 units during the period, he said.

Last week, the head of China's civil aviation administration offered an even more bullish forecast, saying the country would have up to 5,000 aircraft to transport passengers and cargo by 2015, according to state media.

In September, Hong Kong-based carrier Cathay Pacific said it had confirmed an order for 30 long-range A350 Airbus aircraft with a book price of 7.82 billion dollars -- the biggest single order in the carrier's history.
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Old November 19th, 2010, 04:56 AM   #812
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Shanghai flight to return
Delta's route from Hartsfield-Jackson to come back in June. Revival reflects increase in Asian travel demand.

17 November 2010
The Atlanta Journal - Constitution

Atlanta-based Delta Air Lines announced it will resume its flights from Atlanta to Shanghai starting June 5 next year, as Asia travel rebounds.

Delta launched the much-ballyhooed Atlanta-Shanghai route with daily flights in 2008, but after lackluster demand it cut back to fewer flights per week and then discontinued the route last year.

Since then, Delta began flying from Detroit to Shanghai, and it will continue to operate those flights six days a week. Delta also operates daily flights to Shanghai from Tokyo.

From Atlanta, Delta will fly to Shanghai with Boeing 777-200ER jets on Tuesdays and Sundays, with return flights on Mondays and Wednesdays.

"The resumption of service from Atlanta to Shanghai is the latest demonstration of the key role Hartsfield-Jackson Atlanta International Airport plays in Delta's global network," Delta chief executive Richard Anderson said in a written statement. He said Delta's long-standing partnership with Atlanta "has enabled us to establish our No. 1 international gateway here."

Atlanta Mayor Kasim Reed said in a written statement that the additional flights would "strengthen the ties between Atlanta and China."

Metro Atlanta Chamber president Sam Williams issued a statement calling China "integral to our global commerce strategy" and said the Shanghai route is "critical to growing our city's international presence."

The restart of the route is also an indication of a recovery in international travel demand. The International Air Transport Association on Tuesday reported growth in premium travel and noted that among major markets for first-class and business-class traffic, the strong growth has been in Asia. If the Atlanta-Shanghai flights perform well, Delta may expand the service, according to spokesman Trebor Banstetter.

Delta also said Tuesday it has applied to the U.S. Department of Transportation for permission to begin flights from Detroit to Beijing, to expand "Delta's Asian gateway in Detroit."
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Old November 20th, 2010, 04:54 PM   #813
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GE joint venture sells engines to Chinese airlines, and leasing unit will buy 10 new planes
20 November 2010
Associated Press

General Electric Co. said on Friday that its joint venture with Snecma of France got an an order for 42 engines for HNA Group's Airbus A320s, to be delivered beginning in 2012. The company also got a contract to service those planes.

GE announced the deal for the CFM56-5B engines on Friday after an air show this week in Zhuhai, China. Combined with other Chinese airline deals announced earlier this year for another 50 of those engines, GE said the deals are worth $2.1 billion.

Also on Friday, GE said that Shanghai-based Commercial Aircraft Corp. of China Ltd. had gotten 100 launch orders for its new C919 passenger jet. Comac plans for the plane to seat 150 people, putting it in competition with Boeing's 737 and the Airbus A320. GE's joint venture, called CFM International, will supply all of the engines for those planes, the company said.

GE's aircraft leasing unit is buying 10 of the new planes. Comac is aiming to deliver the C919 by 2016.

Comac also ordered 100 ARJ21-700 aircraft from AVIC International. The planes are powered by GE's CF34-10A engine. GE also said it signed a memorandum of understanding with HNA Group to maintain, repair, and overhaul that type of engine in the city of Tianjin.
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Old November 22nd, 2010, 11:33 AM   #814
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Rolls-Royce wins $1.8 billion Air China order
22 November 2010

LONDON, Nov 22 (Reuters) - British enginemaker Rolls-Royce said on Monday it had won a $1.8 billion order from Air China to provide engines to power 20 new aircraft, its second major order from China this month.

Rolls-Royce will provide Trent XWB engines to ten Airbus A350 XWB planes and Trent 700 engines to ten Airbus A330 aircraft, the company said in a statement.

Earlier in November, Rolls-Royce won a $1.2 billion order from China Eastern Airlines, with the deal coinciding with a trip to Beijing by British Prime Minister David Cameron, who is looking to double Britain's trade with China by 2015.

Britain's biggest retailer Tesco said on Monday it planned to quadruple revenue from China over the next five years.

Rolls-Royce is already well-established in China, where it has a 56 percent share of the market for large civil aero-engines.

The company has had more than $4.5 billion worth of orders for Trent 700 engines since the start of July.

Rolls-Royce has been hit by safety concerns over a different engine type, the Trent 900, after a one of the engines partly disintegrated mid-flight, forcing a fully laden Qantas plane to make an emergency landing in Singapore on Nov. 4.
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Old November 23rd, 2010, 04:58 PM   #815
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CHINA TO BE BATTLEGROUND FOR ASIAN AIRLINES: CATHAY PACIFIC CEO

HONG KONG, Nov 23 Asia Pulse - China will emerge as a source of future growth for Asia-based airlines as its fast economic growth boosts demand for air travel, the chief of Cathay Pacific Airways Ltd. (SEHK: 0293) said Tuesday.

Tony Tyler, chief executive officer of the flag carrier of Hong Kong, said he believes that China will become a key driver of the future growth of the company.

"(Our business in) China this year has actually done very well," he said in an open meeting at the company's headquarters in Hong Kong.

"It's true to say that up until this year, (the China market) was full of promises, but not so much delivery. This year, mainland China is doing much better."

The Cathay Pacific CEO said the company's growth in China was largely driven by the economic expansion in the country.

"I am sure in the future mainland China is going to be the huge engine of growth for the Cathay Pacific group," he said. "We do have a network in mainland China, which is as good as or better than any other major international airline."

He implied that further competition with Korean Air Lines Co. (KAL, KSE: 003490) and Japan Airlines Co. (JAL, TSE:9205)) could be ignited in the mainland China market.

"If you look at Korean Air, their network in mainland China is pretty good, too. Even Japan Airlines has quite a good network in the mainland," Tyler said. "We've got the best (network) and the potential with Hong Kong being a great gateway."

Tyler admitted that not all the routes in China are making profits at the moment.

"At a lot of smaller places, we basically lose money. We have to persevere as one day they will be all right," he said. "You have to keep ahead of the game in making sure we serve the market."

According to the Civil Aviation Administration of China, the country's aviation regulator, China's number of airline passengers may more than double to 700 million a year by 2020 and even reach 1.5 billion by 2030, becoming the largest aviation market in the world.

The world's most populous nation plans to open 10 new airports this year as rising wages and development in hinterland regions stoke travel in smaller cities. By 2020, the country may have more than 250 airports compared with an expected 176 at the end of this year.
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Old November 25th, 2010, 06:20 AM   #816
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Bombardier expects sales of small jets to triple
18 November 2010
SCMP

A massive increase in airport capacity, with 90 new airports due to open in the next 10 years, will help triple the size of the mainland's market for small jets, according to leading manufacturer Bombardier.

Trung Ngo, a vice-president of Asia-Pacific sales for commercial aircraft at Canada's Bombardier Aerospace, said a large proportion of the new facilities would be in the western part of China, where passenger demand and airport constraints in mountainous areas would mean aircraft in the 100 to 150-seat range were more suitable than larger airliners.

Overall, Ngo said, there were 500 passenger aircraft with between 100 and 149 seats operating on the mainland, but this would grow to 1,680 aeroplanes by 2030, according to Bombardier forecasts.

Ngo added that Bombardier predicted the global market for this size of aircraft would climb from 4,800 planes to 7,320 in the next 20 years.

To tap into this sector, Bombardier is developing its C-series aircraft in association with Shenyang Aircraft Corp, which already makes fuselage sections and other components for Bombardier's Q400 turboprop aircraft. Ngo said the final design of the C-series was being completed for the first flight in 2012.

He said the first of the two aircraft in the series, the 110-seat CS100, would be delivered starting in 2013, while first deliveries of the 130-seat CS300 would take place a year later.

He added that the "CS100 is designed for hot and high airfields. The C-series is very attractive to Chinese airlines. We believe we will get a significant share of the [100-149-seat] segment."

Ngo said Bombardier was in discussions with mainland and other airlines about potential aircraft orders for the C-series and remained confident "we will successfully conclude the discussions".

The manufacturer has sold 29 of its smaller 50-70 seat CRJ series of regional jets to operators on the mainland and in Taiwan.

But the potential market for the C-series is much larger. Bombardier has so far secured orders for 33 CS100 and 57 CS300 aircraft from two airlines from Europe and the United States and an Irish leasing company, while the three operators have options for 90 more of the same types.

Ngo said the C-series would offer a 20 per cent fuel saving and cut operating costs by 15 per cent compared with similar sized aircraft through advanced engines, composite materials and design.

He said Bombardier had already worked with the Civil Aviation Administration of China on a computer analysis of operating a C-series aircraft in hot and high conditions between Lhasa and Chengdu.

Shenyang Aircraft Corp is currently building a new factory that will make fuselage sections for the C-series that will be shipped to Canada for final assembly and fitting out.

This will follow the Shenyang company's involvement on the Q400 programme in which all the fuselage sections of the aircraft are manufactured on the mainland for final assembly in Canada.
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Old November 25th, 2010, 07:47 PM   #817
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Old November 26th, 2010, 08:17 AM   #818
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Old November 26th, 2010, 09:26 AM   #819
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Continental Airlines to Launch 9 China-Guam Flights

SHANGHAI, November 25, SinoCast -- Continental Airlines, Inc. November 25 announces that it will launch nine direct charter return flights from Beijing, Shanghai, Hangzhou and Shenyang to the Island of Guam during the Chinese 2011 Lunar New Year holiday.

The US air carrier says in a press release that whether the flights will be able to come in service is subject to the approval by the Chinese regulators. The airways will fly the flights with the Boeing 737-800, which has 14 business classes and 141 economy seats.

Walter Dias, Managing Director for the Greater China and Southeast Asia at Continental Airlines, shows that the airlines will increase one waypoint with four return flights to four waypoints with nine return flights next year.
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Old November 26th, 2010, 06:15 PM   #820
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