The third edition of Asian Aerospace since its move from Singapore to Hong Kong got off to a flying start on Tuesday, when Hainan Airlines Group (HNA) subsidiary Hong Kong Airlines ordered 38 Boeing airliners. The deal involved thirty 787-9 Dreamliners, six 777 freighters and two VIP-configured 787-8s.
In early 2007, Air China and CFM International agreed to establish a maintenance, repair and overhaul (MRO) joint venture. After three years of negotiations the two companies have cleared the final hurdle and have received Chinese government approval for the formation of Sichuan Services Aero Engines Maintenance Company (SSAMC), a 60-40 joint venture between Air China and CFM, located in Chengdu, China.
While the latest reports indicate a decline in the worldwide business jet charter market, certain parts of Southeast Asia are bucking the trend. Hong Kong, in particular, is flourishing. With five locally based operators and several international charter brokers in situ, China’s Special Administrative Region is bursting at the seams.
Ameco Beijing (Stand F81) is promoting its maintenance services to increase the use of its new facilities. “Our logistics center is to fully open in May,” CEO Andreas Meisel told AIN. The company recently completed a A380 hangar and a 747 shop expansion, for a total $220 million investment between 2005 and 2010. He is counting on Asia’s growth, especially in China.
Asia is set to be at the epicenter of a resurgence in business jet sales, according to Honeywell Aerospace’s latest market forecast. In the most recent survey, 58 percent of operators in Asia indicated that they intend to replace or expand their fleets over the next five years. This was step up from the 2008 survey, when almost 50 percent had said they would buy new aircraft following a nine-point gain that year compared with 2007.
This year will likely be an improvement on 2009 for airlines in this part of the world but it won’t mean a quick return to profitability, according to Andrew Herdman, director general of the Association of Asia Pacific Airlines (AAPA). But the substantial losses the group’s members have suffered in the last two years should at least be reduced, he told AIN in an interview ahead of this week’s Singapore Airshow.
After 18 months and approximately $6.9 million, Ameco Aviation College (AAC) on Beijing Capital International Airport has opened the doors on its new addition. The four-story, 27-classroom portion of the building and two-story attached workshop feature a solar heating system and extensive building insulation to reduce energy consumption.
Boeing announced today that it has joined the first 747-8’s wing box to the airplane’s 40-foot-long center fuselage section in the final assembly bay at its factory in Everett, Wash. Meanwhile, workers continue to prepare the wing and center section for final body join, when the center fuselage-wing assembly gets connected to the forward and aft fuselage sections.
“Last year was a great year for business aviation in Asia, especially the Greater China Region. I believe it was a record year of growth. We had more aircraft deliveries, more new operators started and more investment into business aviation infrastructure,” said Jason Liao, sales director for China at Bombardier Business Aircraft.