26 Nov 2018

China Aviation Industry Newsletter 26 November

China Aviation Industry Newsletter 26 November 2018 All major airports in Beijing-Tianjin-Hebei region reach 10 million throughput level. According to China.org.cn Shijiazhuang Zhengding International Airport in north China's Hebei Province welcomed its 10 millionth passenger of 2018.The milestone meant that all major airports in the Beijing-Tianjin-Hebei region, one of China's major city clusters, have reached the 10 million level in annual passenger throughput. China Post and Lufthansa Cargo announce strategic cooperation On the 19th of November, China Post Group Corporation, the official postal service of the People’s Republic of China, and Lufthansa Cargo, Europe’s leading cargo airline, have announced a strategic cooperation. Li Xiong, Vice President of China Post Group Corporation, and Peter Gerber, CEO and chairman of the executive board of Lufthansa Cargo, met in Beijing and reached agreement on deepening cooperation. It is considered the foundation of a strategic cooperation. Initially, the agreement has a weekly scope of the cargo capacity of one Boeing 777 freighter on the Shanghai (PVG) – Frankfurt (FRA) route. BOC Aviation delivers one Airbus A320NEO aircraft to SalamAir BOC Aviation announced 2 delivered one Airbus A320NEO aircraft to SalamAir. The aircraft was acquired under a purchase and leaseback agreement with the airline. BOC Aviation Places Air Macau's First Three New Airbus A320NEO Aircraft BOC Aviation announced 19 November the placement of three new Airbus A320NEO aircraft with Air Macau all of which are scheduled for delivery in the first half of 2019. The aircraft will be powered by the Pratt & Whitney Geared Turbofan™ Engines. BOC Aviation CEO Robert Martin said “We are pleased to add Air Macau as a new customer and to support its fleet and network growth plans as it capitalises on its position in the thriving Pearl River Delta region. BOC Aviation is well-placed to support expansion in the China air transportation market with our most technologically advanced aircraft models,” Mr. Martin added. “Air Macau’s choice of the A320NEO aircraft aligns with our focus on investing in the most efficient and technologically advanced aircraft.” CALC named “Asia-Pacific Lessor of the Year” for second consecutive year CALC has been named the “Asia-Pacific Lessor of the Year” for the second consecutive year in the annual Aviation 100 Awards for the APAC region by Airline Economics. “Asia-Pacific Lessor of the Year” recognizes the year’s most outstanding performer in the aviation leasing industry. The award is based primarily on an industry survey vote, with the criteria including fleet size, financial performance, client list, lease rate performance, among others. With an outstanding performance in the above criteria, CALC once again stood out and won this title for the second time. China approves $6 billion airport expansion in Xinjiang's capital China's state planner yesterday approved a 42.1 billion yuan ($6.06 billion) airport expansion project in Urumqi, capital of the far western region of Xinjiang, a key hub in China's Belt and Road initiative. Chinese airports, airlines investing heavily in IT A new report from air transport IT provider SITA, shows airports in China are increasing their investment in IT from 5.6% of revenues in 2017 to 7.5% in 2018, ahead of the global average of 5.69%. Chinese airlines are investing too, the report indicates, and there is a clear alignment on priorities, with cybersecurity top of the agenda for both. According to SITA, 94% of airlines and airports are planning major cybersecurity programmes or R&D over the next three years. During 2018, airlines plan to spend 7% of their IT budget on cybersecurity while airports are forecast to spend 18% of theirs. SITA analyzed nine different areas of cybersecurity, measuring the rate of implementation. It found that both airlines and airports in China are ahead of their counterparts across the globe with higher rates in all nine areas. China Considers Cut in Parts Tariffs to Aid Local-Built Jets According to a Bloomberg Report 22 November China is discussing a plan to cut tariffs on plane parts imported for domestically developed commercial aircraft, a person familiar with the matter said, a move that may also benefit suppliers such as General Electric Co. and Honeywell International Inc. New Chinese Airlines To Be Based at Tier 2 Airports Chinese airlines commencing operations after June 2019 will have to be based at airports in so-called Tier 2 cities as gateways in the country’s first-tier cities, including Shanghai Pudong, Shanghai Hongquio, Guangzhou Baiyun and Shenzhen Bao’an, and Beijing Capital airports are at critical points or even slot-exhausted. According to an official of the Civil Aviation Administration of China (CAAC), Shi Wu, new carriers will have to be located at Tier 2 airports not only to ease congestion at the main airports but also due to the congested airspace. Acumen Aviation © 26 November 2018 All Rights Reserved.