China's Vice Premier Wang Qishan and US Treasury Secretary Timothy Geithner held talks on 24-Oct-2010 as a precursor to the G20 Summit in Nov-2010 (Xinhua, 20-Oct-2010). China stated it hopes the G20 will promote global economic growth in a robust, sustainable and balanced manner (Xinhua, 21-Oct-2010). Separately, a group of G20 finance ministers and central bankers vowed to refrain from “competitive devaluation” to lift exports (Bloomberg, 24-Oct-2010). Meanwhile, Mr Geithner stated he is optimistic China will “continue to move” on the yuan adding that the Chinese Government understands it is in the interest of domestic growth and global economic stability.
US confident China will 'continue to move' on the yuan
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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
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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.
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