Air China is "pressing ahead" with its plan to introduce more widebody aircraft to its fleet and talks are under way with Boeing and Airbus for an order, possibly including A350s and/or B787s (Reuters/Dow Jones/Marketwire, 14-Jul-2010).
Air China in talks with Boeing and Airbus on widebody order
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American Airlines and Norwegian forge new partnerships for global reach: CAPA Americas Summit
American Airlines' recent pursuit of China Southern, and Norwegian’s partnership discussions with Ryanair, reflect the multiple changing dynamics that airlines operating across all business models must face as they maximise network connectivity to remain relevant and competitive. American had to drift outside oneworld to gain an important foothold in China, while Norwegian stresses that traditional airline partnership structures are not viable for its business model.
But despite American’s attention grabbing decision to take a small equity stake in China Southern, the agreement appears to be a one off event. American has no plans to join rival Delta in pursuing stakes in airlines around the world to attain network longevity. American's position is that its current and prospective joint venture agreements provide anchors in the most important global regions.
For Norwegian, a potential tie up with other low cost airlines allows the company to offer network breadth to the pool of passengers it intends to stimulate with new narrowbody service to the US, but without the frills and expense inherent in more complex airline partnerships.
"A truly remarkable lineup of airlines"; over 50 executives at CAPA's Airline Fleet & Finance Summit
CAPA’s Airline Fleet & Finance Summit will be attended by "A truly remarkable lineup of airlines" from all continents of the globe, represented by their senior finance officers.
First time attendees at the event include Air Tahiti, euroAtlantic Airways, Pakistan International Airlines, Saudia, TAAG and start-up flymojo.
They are joined by AirAsia's Group Head of Strategy, the Deputy Chief Executive Officer & Chief Financial Officer of Asia Aviation Capital Limited, the Vice President, Fleet & Corporate Finance of Allegiant, Cebu Pacific's Director, Corporate Finance & Investor Relations, China Eastern's General Manager of CEA International Financial Leasing Corporation Limited, KLM's Director Group Treasury, Malaysia Airlines' Group CEO, Finnair's CFO, IndiGo's Director - Aircraft Acquisition and Financing and many others.
Together with 15 stand-alone presentations from airline CFO/treasury/finance heads outlining their fleet and financing plans + over 50 airline representatives attending the unique CAPA Fleet Marketplace – the CAPA Airline Fleet & Finance Summit (2/3-Mar, Singapore) at Capella Sentosa is not to be missed.