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Airline Finance News - Asia / Pacific.

New York (AirGuideBusiness - Airline Finance News Asia / Pacific) Apr 10, 2011

Air Pacific, Boeing Fiji's Air Pacific appears to be the carrier behind the cancellation of eight Boeing 787s disclosed in Boeing's order books last month. The airline had ordered five 787-9s in April 2006 and taken purchase rights on another three. These aircraft were originally intended for delivery this year. Air Pacific subsequently firmed the purchase rights in December 2007, taking its overall total to eight 787-9s. The airline also selected General Electric GEnx engines for the twinjets. Apr 7, 2011

Airbus, Cathay Pacific Airbus said Cathay Pacific Airways' order last month for 15 additional A330-300s pushed total orders for the type past 500. "In the past three years alone, the A330 has attracted 27 new operators," it noted. The type has more than 90 total operators. CX is the largest A330 customer with 46 in service. Apr 7, 2011

Avolon, CFM International, Airbus Avalon Airways, formerly Discovery Air, announced it has selected the CFM56-5B engine to power its eight Airbus A320 aircraft announced in December 2010. The A320s are expected to deliver from 2014. Apr 5, 2011

GECAS, Boeing, Xiamen Airlines GECAS delivered two new Boeing 737-800 (-86N) aircraft to Xiamen Airlines, part of an existing order book with Boeing. Apr 5, 2011

Hainan Airlines, Aviareps Hainan Airlines selected Aviareps to serve as its GSA in Switzerland. Apr 6, 2011

IndiGo Hong Kong Aviation Capital Closes Sale on New Airbus A320. IndiGo Airlines and Hong Kong Aviation Capital (HKAC) have successfully closed the sale and lease back of a new Airbus A320 delivered on 30 March at the Airbus facility in Toulouse. HKAC closed the delivery of the new aircraft with financing from China Development Bank. HKAC now has a total of eight (8) A320s on lease to IndiGo. "We are extremely pleased to have completed this transaction for IndiGo Airlines and are looking forward to further enhancing our relationship with the addition of another two aircraft later this year " said Donal Boylan, HKAC's Chief Executive Officer. "We are delighted to have completed a further financing with China Development Bank, and look forward to working closely with CDB as our business grows". Apr 5, 2011

Japan Airlines Responding to the resulting decline in travel demand and to accommodate the operation of extra flights, JAL announced earlier, a temporary reduction in capacity on international and domestic routes. To improve productivity during this period, JAL will offer a limited number of administrative and maintenance staff, cabin attendants and flight crew special unpaid leave during the months of May and June 2011 for a minimum of one calendar month or a maximum of two. JAL endeavours to continue rendering support to recovery works and to maintain a sound business operation. Apr 6, 2011

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Publication:AirGuide Business
Date:Apr 11, 2011
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