Tiger Airways appointed Standard Chartered Bank as the lead arranger of its financing for the purchase of two A320 aircraft (Dow Jones, 04-Jan-2010/Business Times, 06-Jan-2010). France's Coface is to back the transaction. CEO, Tony Davis, stated the carrier now plans to finance future aircraft “in a similar fashion”. The first of the A320s will arrive ahead of the planned launch of services to Hong Kong in Feb-2010 – see Route Change Table for more information.
Tiger Airways appoints Standard Chartered Bank as the lead arranger for financing of two A320s
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Asian LCCs are increasingly gravitating to larger aircraft to try to overcome insufficient infrastructure. Larger narrowbodies at LCCs gained wide awareness with AirAsia's A321 order, although many other LCCs will operate larger types before AirAsia receives its first A321. The A320neo brings additional range, besides the usual efficiency improvements.
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CAPA Asia Aviation Summit Day 1: Trump impact on aviation, long haul LCCs, future of Asian FSCs
The CAPA Asia Aviation Summit was held on 15/16-Nov-2016 at the Capella at Sentosa in Singapore. First off, BOC Aviation's Robert Martin and Indigo Partners' William Franke discussed the outlook for long haul LCCs, as well as the aviation implications from Donald Trump's election to US President. Malaysia Airlines CEO Peter Bellew gave a key presentation on the transformation of the airline and plans for its A380 fleet.
Panel discussions addressed the future of the full service airline model in Asia, the opportunities from big data, China's "One Belt, One Road" strategy, joint venture strategies, partnerships/alliances at LCCs.
Day one was capped off by a Gala Dinner with the CAPA Asia Aviation Awards for Excellence.