Transportation Industry

Aircraft Finance & Leasing News - Asia / Pacific

AirGuide Business, July 21, 2008

7/21/2008

Air China, Boeing

Air China said Wednesday it plans to buy 45 Boeing aircraft in one of China's biggest airliner purchases. The order will include 15 Boeing 777 and 30 Boeing 737 aircraft, Beijing-based Air China said on its Web site. It said the list price for the aircraft is $6.3-billion but the final price paid would be lower than that. Air China said the purchase would increase its fleet capacity by about 35 per cent and help to reinforce Beijing's status as a transportation hub. A Boeing spokeswoman in Beijing, Dai Ni, said she could not confirm that Air China and Boeing had agreed to a sale. 7/16/2008

CAAC

CAAC reported that Chinese carriers transported 14.2 million passengers in June, down 3.8% from the year-ago month, while cargo traffic declined 0.8% to 321,000 tonnes. 7/15/2008

Cathay Pacific Airways, Dragonair

Cathay Pacific Airways and Dragonair flew 7.76 billion RPKs in June, up 16.4% year-over-year, against a 16% increase in capacity to 9.54 billion ASKs. Load factor rose 0.3 point to 81.3%. 7/18/2008

Kunpeng Airlines, Embraer

Kunpeng Airlines, the Xi'an-based JV between Shenzhen Airlines and Mesa Air Group, signed a contract for five Embraer E-190s worth $187.5 million at list prices, the manufacturer announced. Aircraft will seat 98 passengers in two classes. 7/14/2008

Malaysia Airlines Boeing

Malaysia Airlines said it is ordering 35 Next-Generation 737-800s from Boeing, an order valued at more than $2.6 billion at list prices. In the deal announced at the Farnborough Airshow on Wednesday, Malaysia is also acquiring purchase rights for an 20 more of the aircraft. In the deal announced at the Farnborough Airshow on Wednesday, Malaysia is also acquiring purchase rights for an 20 more of the aircraft. The order from Malaysia Airlines takes the total number of Boeing 737s ordered past 8,000. Leasing company Aviation Capital Group also said it has ordered 15 Next-Generation Boeing 737-700s. The order, worth about $934 million at list prices, bring Aviation Capital's total order book for the plane to 91. 7/16/2008

Thai Airways, Airbus

Thai Airways board approved the acquisition of 20 Airbus A321-200s and said it has made "progress" in negotiations with Airbus. The purchase now requires government approval. The 179-seat aircraft are expected to be delivered in 2012-17. 7/16/2008

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