China Aviation Industry Newsletter 30 November
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30 Nov 2020

China Aviation Industry Newsletter 30 November

CALC unit to disassemble 2008-vintage 777-300ER The asset management arm of China Aircraft Leasing Group (CALC) will disassemble its first Boeing 777-300ER, a 12-year-old example that formerly flew for Jet Airways. The aircraft will be parted out at Universal Asset Management’s (UAM) Tupelo, Mississippi, facility, states CALC reported Flightglobal 30th November. Cathay Pacific Welcomes Policy Address Measures To Boost Long-Term Competitiveness of The Hong Kong Aviation Hub Cathay Pacific welcomed the Hong Kong SAR Government’s commitment to strengthening Hong Kong’s long-term competitiveness as a leading global aviation hub and international logistics center, as outlined in the 2020 Policy Address given today by the Chief Executive of the Hong Kong SAR Government, Carrie Lam. Cathay Pacific Chief Executive Officer Augustus Tang said “We are grateful to the Hong Kong, Guangdong and Central governments for their commitment to the continued development of the Hong Kong aviation hub. We share their confidence that Hong Kong will continue to prosper as the city has an unrivalled position as part of the Greater Bay Area (GBA), a region that presents wonderful opportunity for Hong Kong, and will be the growth engine for the world economy over the coming decades. CDB Aviation Brings Next Generation A330 P2F Freighter to Market CDB Aviation announced a new partnership with Germany-based EFW GmbH to conduct the Passenger-to-Freighter (“P2F”) conversion of two Airbus A330-300 aircraft in 2021, which will be available for lease to airline customers from early 2022. The A330-300 P2F conversion program marks CDB Aviation’s first entry into freighter conversion market. CDB Aviation Chief Executive Officer Patrick Hannigan said “With 12,000 Airbus cockpit aircraft in service, the A330-300 P2F will seamlessly slot into the fleets of A320 Family, A330, and A350 operators, and will bring a new paradigm of efficiency with 23% more cargo volume.” Dual-Circulation Takes Off at China Eastern China Eastern Airlines said it aims to help strengthen domestic circulation in civil aviation and boost a dual-circulation development pattern in the industry. In line with the larger national strategy, the domestic aviation market will serve as the mainstay, and the domestic and international markets will promote each other. The airline said with international flights operating at low capacity due to COVID-19-related travel restrictions, Chinese carriers should increase their capacities in the domestic market in the near term. The airline's refreshed strategy is in response to the nation's newly proposed dual-circulation development pattern. The strategy says China will mainly rely on "internal circulation" or the domestic cycle of production, distribution, and consumption for its long-term development, and place equal emphasis on both the domestic and external markets as engines of economic growth. Fast-growing CNSC builds on Nanjing success by securing Nanchang and Quanzhou airport duty free contracts China National Service Corporation (CNSC) has been awarded three departures duty free contracts at leading Chinese airports – Nanchang Changbei International, Quanzhou Jinjiang International and Nanjing Lukou International. MTU Maintenance Zhuhai completes expansion and celebrates 3,000 shop visits Zhuhai, November 19, 2020 – MTU Maintenance Zhuhai has completed its facility expansion to increase existing capacity by 50 percent to 450 shop visits per year. The shop just completed its 3,000th engine, a V2500 from its joint venture partner. Acumen Aviation © 30 November 2020 All Rights Reserved.
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