aviation industry

China's aviation traffic is recovering and China Aviation Oil stands to benefit

With airlines cutting the number of flights daily and a growing number of European countries in lock-down, oil markets are heading for an unprecedented glut.

(Feb 21): China plans to take over indebted conglomerate HNA Group and sell off its airline assets, the most dramatic step to date by the state to contain the deepening economic damage from the deadly coronavirus outbreak.

Capacity reductions of 15%, which will be in place until at least the end of May, affect services to China, Hong Kong, Singapore, Japan and Thailand, the Australian airline said in a statement Thursday.

taken away. The show was deserted even before the scheduled 6 pm close, a far cry from previous years when organizers would plead with attendees and reporters to leave.

(Feb 7): Airlines are perpetually on the alert against crashes. That does not mean the coronavirus epidemic will lead to any corporate disasters.

(Nov 4): As the government prepares to choose a strategic investor for loss-making Malaysia Airlines (MAB), pressure is already building to get the choice right and to do it as quickly as possible.

(Nov 2): Singapore Airlines, the first carrier to put a double bed in its cabins, is preparing to take airborne luxury up another notch -- and catch up with a key rival.

SINGAPORE (Oct 30): SATS, the provider of gateway services and food solutions, and AirAsia, the low-cost carrier airline, will be entering into a ground handling partnership to tap the fast-growing Asean air travel market.

INDIA (Jan 13): Indian budget carrier SpiceJet said on Friday it had agreed to buy 100 new MAX 737 aircraft from Boeing, with an option for 50 more, ramping up its fleet as it targets expansion in the world's fastest growing aviation market.