Xiamen Airlines and Boeing finalised (26-Aug-2013) an order for six 787-8s. Originally announced by Xiamen Airlines in May-2011, the order is valued at USD1.3 billion at list prices. Xiamen Airlines president and CEO Che Shanglun said, "Adding 787s to our all-Boeing fleet is a strategic decision to facilitate our international expansion plans. The range and efficiency of the 787 makes it an ideal fit in our new, nonstop international routes." As China's only all-Boeing fleet carrier, Xiamen Airlines has earned a profit for 27 consecutive years. The airline's expanding international network currently focuses on southeast and northeast Asia. With the introduction of the 787 beginning in 2014, the airline plans to launch new long-haul routes from Fujian to Europe, North America and Australia. Xiamen Airlines currently operates a fleet of 97 aircraft, including 17 737-700s, 74 737-800s and six 757-200s. The flight network is comprised 218 domestic routes and 26 international and regional routes. The airline will take delivery of its 100th Boeing airplane in Nov-2013. [more - original PR]
Xiamen Airlines finalises order for six 787s to faciliate international expansion plans
You may also be interested in the following articles...
Philippines-China air service growth to lift Philippines' Chinese tourism as Duterte changes horses
First bananas, then people. China's lifting of a trade ban against bananas from the Philippines bodes well for aviation. Relations between China and the Philippines turned negative in 2012. The issue was primarily over China's claims to uninhabited islands – a debate that also caused China-Japan relations to turn sour. China banned Filipino banana imports and issued a travel warning against the Philippines. Travel warnings from China carry more weight than in other markets since state-owned/linked travel agencies essentially stop selling the impacted market. Diplomatic rows have resulted in drastic reductions in outbound passenger flows from China.
Japan has more than recovered but the Philippines' underexposure to China is well evident: the Philippines has received the least number of Chinese tourists in Asia. Laos and Cambodia, far smaller than the Philippines, each received more Chinese tourists than the Philippines.
New Filipino President Rodrigo Duterte is pivoting Manila's allegiance away from the US – to China. His presidency is young and the calculation has its sceptics, but China appears to be warming. Following the lifting of its ban on banana trade, China is expected to use President Duterte's visit to Beijing to lift its travel warning against the Philippines. This will likely stimulate large air service growth between China and the Philippines. Yet for existing markets, there is some concern that the Philippines presents new competition.
Northeast Asia's outlook remains bright – and perhaps more so than before
A few years ago amidst the economic downturn it was Northeast Asia – with its main Chinese market – that was a strategic bright spot for aviation.