The Asian Development Bank downgraded its forecast for China’s consumer price index (CPI) from 3.6% to 3.2% for 2010, due to the postponing of price increases for water, natural gas and electricity from this year to next year (Shanghai Securities News, 29-Sep-2010). China’s CPI rose to a 22-month high of 3.5% in Aug-2010. The bank maintains its forecast of China’s GDP growth of 9.6% in 2010 and 9.1% in 2011.
Asian Development Bank downgrades China's inflation to 3.2% in 2010
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The airline is evaluating further expansion in China and elsewhere in North Asia in 2H2017 if it succeeds at securing additional A330s. Malaysia Airlines continues to seek leases on up to four A330s, which would result in a fleet of 19 aircraft.
Overall seat capacity will be up by 5% to 6% in 2017. Passenger numbers could potentially increase by more than 10% as Malaysia Airlines aims to significantly improve its load factor on the back of new lower fares.
CAPA Asia Aviation Summit Day 2: AirAsia X & Spring Airlines discuss opportunities in China
The second day of the CAPA Asia Aviation Summit began with a Q&A featuring AirAsia X CEO Benyamin Ismail and Spring Airlines VP Jonathan Hutt. The Chinese market dominated the conversation, particularly opportunities between China and Southeast Asia for both airlines.
The CAPA Asia Aviation Summit was held on 16-Nov-2016 and 17-Nov-2016, attracting over 300 delegates. The summit also included a gala dinner on 16-Nov-2016 featuring the CAPA Asia Pacific Aviation Awards for Excellence.
The remainder of Day 2 featured three panels: on distribution, ancillaries, and a wrap-up of the market outlook.