05 Jun 2018

China Aircraft Leasing Newsletter 5 June

BOC Aviation Announces New Orders For Three Boeing 787-9 Aircraft BOC Aviation announced 31 May that it has agreed to purchase three new Boeing 787-9 Dreamliners from Boeing, taking the total number of this aircraft model in the Company’s fleet or on order to 14. All three aircraft have been placed on long-term leases with Air Europa, and are scheduled to be delivered to the airline in 2020. Chinese tourists to Greece set to double in 2018Chinese tourists to Greece set to double in 2018 The number of Chinese tourists visiting Greece in 2018 is expected to rise by more than 50 percent, Tourism Minister Elena Kountoura said. Following a hike of 35 percent in 2017, Greece is expected to welcome a record number of Chinese visitors. Speaking to AMNA Kountoura said that Greece is giving a large emphasis on the tourism market of China. ExecuJet Haite First in China to Achieve EASA Part 145 Certification ExecuJet, part of the Luxaviation Group is celebrating the achievement of EASA Part 145 certification at the ExecuJet Haite Aviation Services China Co. Ltd. maintenance facility, located at Tianjin Binhai International Airport, China. ExecuJet Haite is the first and only business jet MRO in China to be awarded EASA Part 145 certification. The approval initially allows for line and base maintenance support on the Dassault Falcon 7X/8X, with Bombardier Global capabilities to followExecuJet, part of the Luxaviation Group (booth N116), is celebrating the achievement of EASA Part 145 certification at the ExecuJet Haite Aviation Services China Co. Ltd. maintenance facility, located at Tianjin Binhai International Airport, China. ExecuJet Haite is the first and only business jet MRO in China to be awarded EASA Part 145 certification. The approval initially allows for line and base maintenance support on the Dassault Falcon 7X/8X, with Bombardier Global capabilities to follow First Boeing 777-300ER Joins AviaAM Financial Leasing China Fleet AviaAM Leasing has announced that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has added a brand new Boeing 777-300ER to its fleet. The aircraft was delivered to the Russian carrier, Aeroflot, under a 12-year operating lease agreement. Hainan Airlines introduces third destination in Canada Hainan Airlines launched a new link from Shenzhen (SZX) to Vancouver (YVR) via Tianjin (TSN) on 25 May. The 10,400-kilometre link will be operated twice-weekly on Mondays and Fridays from China, with the airline’s 787-8s scheduled to serve the route. HNA Group to acquire 100 ARJ21s and 200 C919s in strategic deal with COMAC China Commercial Aircraft Company (COMAC) and Hainan Airlines Group (HNA Group) signed a strategic cooperation framework agreement, regarding cooperation in aircraft procurement and operation, and aviation maintenance, as well as to jointly promote the Chinese-made civil aircraft. Under the agreement, HNA Group plans to gradually introduce 100 new ARJ21s and 200 C919s. The two sides will work together in building the country's regional aviation network. HNA Group will deploy the aircraft with subsidiary Africa World Airways in Ghana and as well as other subsidiary airlines. India, China aviation officials discuss increasing air connectivity Amid growing interest of Chinese airlines to increase flight services to India, the aviation authorities of the two countries met in New Delhi after a gap of 10 years and discussed ways to enhance air connectivity. A Civil Aviation Ministry official said the talks last week opened a “new chapter” in ties. Loong Air Takes Delivery of First LEAP-1A-powered A320neo in China Zhejiang Loong Airlines took delivery of the first LEAP-1A-powered A320neo aircraft from the Airbus Final Assembly facility in Tianjin, China. The airline will be the first in Greater China to operate the advanced engine/aircraft combination. Spring In The Step For AFI KLM E&M China Asia is expected to provide the biggest demand for component maintenance over the next decade, and many European and U.S. manufacturers and MRO providers have established subsidiaries and joint ventures in the region to take advantage. Air France Industries KLM E&M Components China, won a long-term contract to support mainly avionics parts for Spring Airlines’ 78 Airbus A320 aircraft. Star Alliance CEO: 'China is on our radar' Star Alliance CEO Jeffrey Goh, speaking on CAPA TV, stated mainland China "is a fast growing aviation market and it is in our focus and on our radar". Virgin Australia and Hainan Airlines announce new codeshare partnership Virgin Australia and Hainan Airlines have announced a new codeshare agreement that’ll allow a “streamlined travel experience” for guests flying between Australia and China. Under the new partnership, guests travelling from China will have access to an expanded network of Virgin Australia connections over Australia and the trans-Tasman including Cairns, Brisbane, Gold Coast, Sydney, Canberra, Melbourne, Hobart, Adelaide, Perth and Auckland. Acumen Aviation © 5 June All Rights Reserved.