Loading
CAPA Australia Pacific Aviation Summit

Upcoming Event

1-2
Aug
More

Sydney: CAPA Australia Pacific Aviation Summit

CEOs from airlines and airports across Australia, New Zealand and the Pacific Islands, plus a selection of leaders from airlines serving the region, debate the hot topics facing aviation ‘Down Under’ in the year ahead.

Latest News Headlines

655 news items were published to CAPA Members in the past two days. What could you be missing?
View More

Commercial Aircraft Corporation of China (COMAC), via its official Weibo account, announced (28-Jun-2017) the ARJ21 aircraft has been operation for one year as of 28-Jun-2017. In the past year, Chengdu Airlines transported 15,000 passengers with two of the aircraft type, with load factor averaging close to 90%. Chengdu Airlines ordered 30 of the aircraft.

ANA Group international passenger numbers up 5% - traffic highlights for May-2017:

  • Passengers:
    • Domestic: 3.3 million, +9.6% year-on-year;
    • International: 743,495, +5.3%;
  • Passenger load factor:
    • Domestic: 65.7%
    • International: 72.4%;
      • North America: 75.3%;
      • Europe: 80.3%;
      • Asia: 67.4%;
  • Cargo:

India's Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved (28-Jun-2017) the fourth tranche recommendations of NITI Aayog on strategic disinvestment of CPSE (strategic disinvestment of Air India and five of its subsidiaries) based on the recommendations of Core Group of Secretaries on Disinvestment (CGD). Approval details are as follows:

  • 'In principle' approval for considering strategic disinvestment of Air India and five subsidiaries;
  • Constitution of an Air India specific Alternative Mechanism headed by the Minister of Finance and including the Minister for Civil Aviation and such other Minister(s) to guide the process on strategic disinvestment from time to time and to decide the following:
    • Treatment of "unsustainable debt" of Air India;
    • Divestment of certain assets to a shell company;
    • Demerger and strategic disinvestment of three profit making subsidiaries;
    • The quantum of disinvestment;
    • The "universe of bidders".

Air India has five subsidiaries: Air India Engineering Services, Air India Transport Services, Air India Charters, Hotel Corporation of India and Air India SATS (along with Singapore Airport Terminal Services). [more - original PR]

VietJet Air reported (28-Jun-2017) 1.5 million passengers in May-2017 with a passenger load factor of more than 88%. Revenue at the end of May-2017 stood at VND8352 billion (USD368 million), an increase of 44% year-on-year. [more - original PR]

Chicago O'Hare International Airport passenger numbers up 1% - traffic highlights for May-2017:

  • Passengers: 6.9 million, +1.2% year-on-year;
    • Domestic: 5.8 million, +0.2%;
    • International: 1.1 million, +6.3%;
  • Cargo: 159,908 tonnes, +15.0%;
  • Aircraft movements: 73,928, -1.6%;

US White House Office of the Press Secretary confirmed (26-Jun-2017) the US has begun accepting applications from India for the US Customs and Border Protection's (CBP) Global Entry Trusted Traveller Programme. In 2016, Indian visitors in the US spent nearly USD13 billion, making India the sixth largest market for US travel and tourism exports. [more - original PR]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More

Airline Models Evolving

Issue 40
  • Changing Business Models: The challenge of responding to travel trends
  • Alliances and Beyond: Global alliances in transition
  • Airports of the Future: The evolution of the airport
Download Now!

Global fleet and financing review 2017

Issue 39
  • Global Fleet Outlook: deliveries peak as orders decline
  • Global Aircraft Leasing: global aircraft leasing continues its international shift from west to east
  • CAPA Financial Outlook: margins to stay above past cyclical peaks
Download Now!