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alberttky

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About alberttky

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  1. Vietnam Airlines' pilots are leaving because Vietjet pays way better. But the aircraft choice is correct.
  2. Bombardier just need to set up a training centre with sims in the Asia Pacific region and the airlines here will buy.
  3. KCH just lack attractions that can attract visitors by the masses. Those clowns in charge of the tourism ministry continue to apply the formula: "Have flights = Tourist will come".
  4. Read more at http://www.channelnewsasia.com/news/business/honolulu-harbin-among-5-new-destinations How long is Kuantan and Kuching gonna last?
  5. Interesting to see they go that route. When MH takes delivery of the 738 they went via Hawaii and Guam.
  6. SINGAPORE - Budget travellers in Singapore can look forward to an "aloha" getaway with plans by Scoot to fly to Honolulu, famed for its Waikiki beach among other attractions. The service, with a stop in Osaka, Japan, is pending approval from the authorities in the United States, The Straits Times understands. If all goes well, the new flight operated by the Singapore Airlines (SIA) subsidiary could be launched by the end of the year. The seventh Singapore-US link will be a boon to Changi Airport which is out to establish itself as the preferred airport and hub for both full-service and budget travellers. As part of plans to strengthen the SIA group amid intense competition especially in the premium sector, the airline has been expanding its budget operations through subsidiaries Scoot which operates medium- and long-haul flights, and Tigerair which operates shorter flights within the region. Both are in the midst of an integration and by the end of July, are expected to operate under a single brand. Scoot which currently flies within the Asia-Pacific, Australia and India, will launch its maiden route to Europe in June, with flights to Athens. Its planned Singapore-Honolulu link will come hot on the heels of a Kuala Lumpur-Osaka-Honolulu service that Malaysian rival AirAsia X intends to launch at the end of June. The Straits Times has reached out to Scoot for comments. http://www.straitstimes.com/singapore/budget-carrier-scoot-aims-to-fly-to-honolulu-hawaii-by-year-end?utm_campaign=Echobox&utm_medium=Social&utm_source=Facebook&xtor=CS1-10#link_time=1494472190
  7. KUALA LUMPUR: AirAsia Bhd is expanding its operations in Southeast Asia, with the proposed low-cost carrier (LCC) joint venture with Gumin Company Ltd and Hai Au Aviation Joint Stock Company. AirAsia said on Friday its unit AirAsia Investment Ltd (AAIL) had signed a shareholders agreement and a share subscription agreement with Gumin, Tran Trong Kien and Hai Au Aviation to establish a LCC in Vietnam. HAA, which is operating a general aviation business in Vietnam, will form the vehicle for the JV. Currently, HAA has a paid-up charter capital of one billion Vietnam dong (RM19.4mil) and undertakes to increase its charter capital to one trillion dong (RM194mil) for the JV. It said AAIL will hold a 30% stake or 30 million shares; Gumin 69.9% (69.99 million shares) and Tran one share. AAIL and the JV company also signed a new shareholder loan agreement. Under the deal, AAIL will provide a loan of US$2mil (RM8.84mil). Separately, Gumin will provide a US$4mil to the JV Co. “The rationale for the JV is to be an airline in Vietnam which offers an affordable but high-quality airline service to Vietnamese and foreign tourists by leveraging the best-in-class LCC business model which is expected to give the Vietnamese population a greater choice as well as spur overall economic growth. “Improving connectivity in Vietnam would further support an uptick in GDP, providing a boost in multiple industries namely tourism, export related industries, logistics, airport retailers and airline support industries. “An increase in connectivity will also stimulate demand for air travel amongst the population, opening doors to studies abroad, work related travel and sprouting of new small and medium industries,” it said. AirAsia said the JV will require a capitalisation of one trillion dong of which, AirAsia will contribute 30% (300bil dong/RM58.2mil) of the aforesaid capital, with further support provided, at the discretion of the Board of AirAsia by loans, advances or other securities it sees fit. “This commitment further cements AirAsia’s belief that this is a key strategic Joint Venture in the region. AirAsia will raise internal funding for its portion of the equity,” it said. Read more at http://www.thestar.com.my/business/business-news/2017/03/31/airasia-sets-up-low-cost-carrier-jv-in-vietnam/#cWbYg8OGQ71wYRSs.99
  8. GIC Pte, Singapore’s sovereign wealth fund, has emerged as the largest shareholder of Vietnam’s sole private carrier VietJet Aviation Joint Stock Co, after its billionaire founder. GIC owns 16.44mn shares or 5.48% of the budget airline, according to VietJet’s filings ahead of its listing. Nguyen Thi Phuong Thao, who started the airline and remains its chief executive officer, owns more than 60% directly and through holding companies and other entities, the filings showed. The carrier, known for its bikini-clad flight attendants, will hold its share trading debut on February 28, when it will list 300mn shares on the Ho Chi Minh City Stock Exchange at 90,000 dong a share. That will give it a valuation of about $1.2bn, making it a bigger airline than Asiana Airlines Inc and Finnair Oyj by market capitalisation. The emergence of low-cost operators is making air travel more affordable in Asia and has fuelled growth in passenger traffic in countries such as China and Vietnam. Airlines in Asia will fly more than 16,000 planes within 20 years, almost tripling the current number, according to estimates by Boeing Co. VietJet is the only publicly disclosed stake GIC owns in an airline, based on filings compiled by Bloomberg. Jennifer Lewis, a spokeswoman for GIC, declined to comment on the investment. VietJet forecasts 2017 profit to rise 30% from 2.3tn dong ($101.6mn) in 2016, Thao said last month. The airline forecasts 30% growth in passengers in 2017 after serving about 15mn travellers last year. http://www.gulf-times.com/story/532537
  9. Don't you just love the media??? BURSTS INTO FLAMES!!! Pffffff..... https://www.thesun.co.uk/news/2831214/plane-bursts-into-flames-at-jfk-airport-as-it-prepares-for-take-off/
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