The 2014 Singapore Airshow (February 11-16) fulfilled its promise as Asia’s leading aerospace and defense industry gathering, with an exhibitor base of more than 1,000 companies from 47 countries, representing about a 10-percent increase on the last staging of the biennial event.
Russia’s Sukhoi Civil Aircraft has long claimed its Superjet 100 offers a level of technical sophistication that surpasses that of any Western regional jet on the market. Now, a new funding system state-controlled Vnesheconombank (VEB) devised with Sukhoi to support export sales of the Superjet 100 promises to place the Russian regional jet on equal footing with Western models in terms of financing cost as well, according to VEB deputy chairman Alexander Ivanov.
U.S. Transportation Secretary Anthony Foxx said the government is open to ideas on privatizing the nation’s ATC system, as long as aviation industry “stakeholders” agree on making that transformation. Foxx remarked on privatization after delivering the keynote speech at an Aero Club of Washington luncheon on February 25, his first major address to an aviation audience.
The European Commission on Thursday adopted new guidelines for limiting state aid to regional airports and airlines, a move the EC claims will reduce competitive distortion by discouraging overcapacity at small, unprofitable facilities.
Thailand’s Sabaidee Airways has contracted Ameco Beijing to provide maintenance for its Boeing 737 fleet through 2018. The agreement, signed at the Singapore Airshow on Wednesday, covers AOG support, airframe C and D checks, repair and overhaul for engines and landing gear. Ameco Beijing is a joint venture between Air China and Lufthansa German Airlines.
Honeywell has announced that it is partnering with GMF AeroAsia to maintain the 131-9A auxiliary power units for the new Airbus A320 fleet being acquired by Garuda Indonesia. The first five of a 25-aircraft order are being delivered this year, with the last due in 2018.
UK-based ACLAS Global is opening a $3 million spares warehouse in the Tax Free Zone at Singapore’s Changi airport to support its growing customers for ATR in the region. The facility that will maintain a range of rotables, consumables and de-ice product types, will be operational from Feb17.
Sanad Aero Solutions Gmbh (Booth D11) has seen assets under management grow three-fold in two years, as its work with a growing number of airlines around the world gains traction.
India’s newest domestic startup, full-service Delhi-based Tata SIA Airlines, could have an advantage over newcomer budget-carrier AirAsia India as the latter is forced to wait for its air operators permit (AOP), which has been delayed by the decision of the Indian Directorate General of Civil Aviation (DGCA) to issue a public notice requesting comments. This could put on hiatus AirAsia’s plans of launching before summer.
Low-cost carriers (LCCs) have succeeded in Southeast Asia more than in perhaps any other part of the world. Whereas LCCs carry around 26 percent of global traffic, in countries such as Indonesia, Malaysia, Thailand and the Philippines that figure has exceeded 50 percent. With China’s skies being opened to LCCs the expansion in the Asia Pacific region is set to carry on.