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View Poll Results: Scale from 1 to 10, 10 being SUPER and 1 being BAD, what would you rate the Airport??
1 3 3.57%
2 0 0%
3 0 0%
4 0 0%
5 0 0%
6 1 1.19%
7 7 8.33%
8 9 10.71%
9 28 33.33%
10 36 42.86%
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Old January 29th, 2009, 05:45 PM   #2821
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Old January 30th, 2009, 05:45 PM   #2822
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Haeco: Executive Director Sathianathan To Retire Jan 31
30 January 2009

HONG KONG (Dow Jones)--Hong Kong Aircraft Engineering Co. (0044.HK) said Friday that executive director Mohan Joseph Ashokumar Sathianathan will retire on Jan. 31.

The company didn't say who will replace him.
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Old January 30th, 2009, 05:53 PM   #2823
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Old February 1st, 2009, 05:33 AM   #2824
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Old February 1st, 2009, 04:05 PM   #2825
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Old February 2nd, 2009, 04:54 AM   #2826
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客機撞物料貨車司機○鑊
1 February 2009

【太陽報專訊】香港國際機場去年七月發生啟用以來首宗客機撞車意外,機場管理局已向民航處提交事故調查報告,指肇事物料運送車的司機警覺性不足,沒有按照停機坪路標駕駛。不過,報告的結論卻惹起工會的不滿,認為只是譴責司機而沒有提及停機坪管理人員及飛機師的責任,並不公平。

這宗罕見意外發生於去年七月八日,中國國際航空一班由天津抵港的客機,在停機坪泊位時,右邊機翼擦到並壓?香港飛機工程公司一輛運送物料貨車的車頂,幸事件中無人受傷。據機管局去年八月提交的報告稱,貨車司機當時沒有按機坪路標駕駛,警覺性不足。機管局指出,所有相關的機構及部門已採納報告建議。民航處表示滿意報告提出的改善措施。民用航空事業職工總會秘書長陳寶財說,這宗事故由多種因素造成,若只怪責司機並不公平,他質疑機坪管理人員負責協調飛機停泊,為何報告並無提及他們以及機師的責任。陳認為,機坪交通繁忙加上飛機泊位狹窄,才是意外的主因。
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Old February 2nd, 2009, 08:33 AM   #2827
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I think the color scheme for Hainan Airlines and EVA Air are so ugly.
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Old February 2nd, 2009, 12:52 PM   #2828
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Quote:
Originally Posted by zergcerebrates View Post
I think the color scheme for Hainan Airlines and EVA Air are so ugly.

IMO the wrost livery i ever seen should be China Southern Airlines.
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Old February 2nd, 2009, 05:43 PM   #2829
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Old February 3rd, 2009, 04:03 AM   #2830
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love the NZ Jumbo
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Old February 3rd, 2009, 04:13 AM   #2831
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Swire Decides Against Plan To Raise Haeco Stake
19 January 2009

HONG KONG (Dow Jones)--Conglomerate Swire Pacific Ltd. (0019.HK) said Monday it decided against raising its stake in Hong Kong Aircraft Engineering Co. (0044.HK) after it failed to get a waiver from regulators on a compulsory buyout offer.

Swire said in a statement it had considered buying a stake of about 7.45% in the aircraft maintenance services provider from Cathay Pacific Airways Ltd. (0293.HK) as part of a restructuring of the two companies' shareholding in Haeco.

Swire said it applied to the Securities and Futures Commission for an exemption on making a general offer for all of Haeco's remaining shares due to the stake increase, but the SFC rejected its application.

Swire now owns 33.5% of Haeco, while 39.98%-owned Cathay Pacific has a 27.45% holding in Haeco.

The SFC published its ruling on the application Monday.

"In view of the likely speculation about a possible offer for Haeco arising from the publication of the ruling (from the SFC), the company announces that it does not intend to proceed with the proposed transactions or to make a general offer for Haeco," Swire said.

Based on Haeco's current market capitalization of HK$11.29 billion, the stake sale would have been worth HK$841.1 million.

According to the SFC ruling, Swire had considered putting a proposal to buy the Haeco stake from Cathay Pacific so that the carrier could "realize a portion of its interest in Haeco at a price in excess of the current market price."

Swire spokeswoman Maisie Shun Wah said the proposal was aimed at boosting Swire's stake in Haeco, adding Cathay Pacific had no funding needs.

Last week, Cathay Pacific said it still expects "disappointing" 2008 results as a result of large fuel hedging losses and weaker revenue.

The airline's fuel hedging losses widened to HK$7.6 billion at the end of 2008 from HK$2.8 billion at the end of October, because crude oil prices continued to decline substantially.

Cathay Pacific also got approval last week from the Hong Kong Airport Authority to delay construction of a new air cargo terminal in order to save costs.
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Old February 3rd, 2009, 05:34 PM   #2832
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Old February 4th, 2009, 07:32 AM   #2833
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Chinese airlines liveries are so outdated and awfull the only exception is China Airlines i really them especially the boeing 747 with the Boeing colors that is a gorgeous plane!!
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Old February 5th, 2009, 05:42 PM   #2834
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Old February 5th, 2009, 05:48 PM   #2835
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阿聯酋航空$840飛曼谷
4 February 2009
星島日報

泰國曼谷是香港人最愛的旅遊勝地之一,若你正打算在今個春日到當地偷閒,那便不可錯過阿聯酋航空在今天開售的曼谷特惠機票。由今天(2月4日)開始,直至2月9日這六天內,大家便可透過阿聯酋航空網站,以840港元的超值價格,購得適用於今天至3月31日出發的阿聯酋航空來回香港及曼谷的經濟客位特惠機票,值得一提是所有選乘阿聯酋航空往返香港的旅客,所購機票價格已毋須另付燃油附加費,令所付的840港元來回票價顯得更見超值。此外,訂購這款優惠機票的客人,同時也可得享全額 Skywards飛行里數及額外里數獎賞,有興趣了解更多及免費登記成為Skywards會員,不妨登入Skywards網站查看。
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Old February 6th, 2009, 08:34 PM   #2836
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China Southern adjusts down jet fuel surcharges on Hong Kong, Macao routes

BEIJING, Feb.6 (Xinhua) – China's largest airline company by fleet-size, China Southern Airlines has adjusted down its jet fuel surcharges on routes from Hong Kong and Macao to the Chinese Mainland as of Feb.1.

It is learnt that jet fuel surcharges for flights taking off from Hong Kong and Macao to the Chinese Mainland are adjusted down from 108 Hong Kong dollars to 61 Hong Kong dollars for single journey and from 216 Hong Kong dollars to 122 Hong Kong dollars for return journey.

Jet fuel surcharges for flights taking off from the Chinese Mainland to Hong Kong and Macao remain at 95 yuan for single journey and 190 yuan for return journey.
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Old February 9th, 2009, 07:21 AM   #2837
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Airport Authority clears Islamic bond tax hurdle
9 February 2009
South China Morning Post

The Airport Authority has resolved a major hurdle for its planned Islamic bond - how it will be treated for tax purposes - but is waiting for improved market conditions before launching its maiden issue, sources said.

"All the ground work has been done. The structure of the bond and the tax issue are all clear," said a source without elaborating.

Sharia law bans interest income but allows profit sharing. That means Hong Kong's laws that tax profit but not interest income will have to be revamped to make Islamic bonds a worthwhile investment.

The Airport Authority planned to sell Hong Kong's first Islamic bond in the third quarter of last year, a move that could take the city a step closer to establishing itself as an Islamic financial hub. But the issue depended on government approval of tax neutrality for Islamic bonds to make the deal comply with Islamic laws.

A spokeswoman for Financial Services and the Treasury Bureau would not comment on the case, but said the government was actively moving ahead to put in place a platform conducive to developing Islamic finance in Hong Kong.

"An important focus of our work is to pursue technical modifications to our taxation regime in order to deal with the possible differential implications on tax obligations and liabilities which may arise from peculiar structures of sukuk [Islamic bonds]."

The source said many Islamic financial institutions' appetite for Islamic bonds had decreased significantly because of the volatile market and a decline in wealth due to plunging oil prices.

A spokeswoman for the Airport Authority said it supported the issuance of Islamic bonds and looked to become among the first in Hong Kong to issue such bonds at an opportune time.

A banker said many investors were interested in the planned Islamic bond as they were looking for high-quality paper.

The credit rating of the Airport Authority is equivalent to Hong Kong's sovereign rating. "There are many European investment banks actively trying to pitch the deal to act as underwriters," the banker said.

Frank Kwong, chairman of the Asia Capital Market Association, agreed it might not be easy for the Airport Authority to launch its Islamic bond under current market conditions as the cost would be very high.

However, he agreed that it was a good first step that the tax barrier had been removed. "It's a breakthrough to establish the infrastructure, but now it's up to the banks and companies to find investor appetite."
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Old February 11th, 2009, 06:15 PM   #2838
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Hactl says air cargo volume drops 30.9 pct in January
10 February 2009
Agence France Presse

Hong Kong Air Cargo Terminals (Hactl) Tuesday reported a year on year drop of more than 30 percent in cargo volume handled in January.

The firm, which accounts for about 70 percent of the air cargo business in Hong Kong, said in a statement its cargo volume in January fell 30.9 percent to 142,754 tonnes compared with the same month in 2008.

Import cargo volume for January fell 34.7 percent to 36,631 tonnes year on year, while export fell 32.6 percent to 75,691 tonnes over the same period.

Transshipment tonnage in January fell 20.5 percent to 30,432 tonnes from a year ago.

"The current economic condition has posed a tremendous challenge for the global air cargo market," Lilian Chan, the company's general manager for marketing and customer services, said in a statement.

Hactl would devote "unremitting efforts" to ensure that all its resources were "effectively deployed to support the operations when the market will hopefully be picking up in the latter half of the year," she said.

The group said earlier this month that it was "undergoing an ice age" as the industry was hit hard by a slowdown in trading activities and the global economic crisis.
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Old February 11th, 2009, 10:09 PM   #2839
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AAT posts fall in January tonnage as well

AAT posts 29% fall in January tonnage

According to Aircargonews Asia, Hong Kong based AAT (Asia Airfreight Terminal) announced its tonnage throughput in the first month of 2009 at 36,443 tonnes, recording a decline of 29 percent compared with the same period last year.

Export cargo registered 23,484 tonnes, a decrease of 29 percent when compared with the same month last year. Import Cargo volume for January was 12,739 tonnes, registering a decline of 28 percent.

Transhipment cargo volume was 220 tonnes, down 15 percent when compared against the corresponding period in 2008.

AAT general manager, planning and services, Nelson Lee said: "2009 is a very challenging year for the aviation sector, the financial downturn across the globe continually affects the economy. AAT will remain committed to work closely with our business partner to maintain Hong Kong's status as a regional and international aviation centre.

Last edited by Tyron; February 11th, 2009 at 10:15 PM.
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Old February 15th, 2009, 12:39 PM   #2840
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