- Airbus Sponsors 2012 Aeromart Summit in Tianjin to Support the Sustainable Development of Chinese Civil Aviation[Jun. 18, 2012]
On June 18th, 2012, the 3rd International Aviation and Aerospace Trade Exhibition and Negotiation Fair (Aeromart) opened officially at Binhai International Convention & Exhibition Centre, which is co-sponsored by Airbus, AVIC, the Tianjin municipal government, China Council for the Promotion of International Trade, and Business Conventions International (BCI) of France.
- IATA Conference Foresees More Large Airlines Collapsing in the Next 12 Months; All Eyes on Qantas[Jun. 18, 2012]
While the yearly gathering last week of the International Air Transport Association (IATA) in Beijing, China drew delegates from different airlines around the world, in the next 12 months attendees in the next summit could be down.
- Jetstar Hong Kong Startup Could Come by Year-End[Jun. 15, 2012]
Jetstar Hong Kong, the budget airline being formed by China Eastern Airlines and Qantas, could be operating before year-end, earlier than previously expected.
- IATA: China Southern Ranked as the World's 3rd Largest Carrier by Fleet Size[Jun. 12, 2012]
International Air Transport Association (IATA) revealed airline rankings of 2011 by passenger throughput on regular flights and fleet size during the 68th IATA Annual General Meeting & World Air Transport Summit in Beijing on June 11, 2012. China Southern Airlines is ranked as the third largest carrier in the world and the first largest in Asia with a fleet of 444 aircraft and passenger traffic of 80.54 million in 2011, according to IATA.
- Air China Issues US$130 Million Bonds to Purchase Boeing 777-300ER Airliners[Jun. 12, 2012]
On Jun 11, Air China Limited posted on the official micro blog that, Air China reissues US$130 million bonds maturing in 2024 with an interest rate of 1.972 percent, in order to raise money for Boeing 777-300ER passenger planes purchasing.
- IATA Reiterates Call for EU Emissions Solution[Jun. 11, 2012]
The trade group representing the world's airlines reiterated its call for a comprehensive global solution on the contribution of aviation emissions to climate change, criticizing the European Union's unilateral move on reducing airlines' pollution emissions as creating discord at a time when the industry is still struggling with a deepening global economic crisis.
- Li Jiaxiang: China Expected to Have over 240 Airports by 2020[Jun. 11, 2012]
Civil Aviation Administration of China (CAAC) chief Li Jiaxiang revealed in Beijing on June 11, 2012 that the number of airports in China is expected to reach more than 240 by the year of 2020, reported by People's Daily Online.
- China Eastern to Lower Debt Ratio to Below 70 Percent by the End of 2015: Chairman[Jun. 12, 2012]
China Eastern Airlines Corporation Limited Chairman Liu Shaoyong revealed during an interview on Jun 11 that, China Eastern is striving to lower its debt ratio to below 70 percent by the end of the "12th Five-Year Plan" period (2011-2015) through a variety of measures including market financing, state-owned capital injection as well as corporate profiting.
- Airlines Cling to Profit Outlook, Wary on Europe[Jun. 11, 2012]
Global airlines maintained their profit forecast for 2012 on Monday but the industry was braced for Europe's debt crisis to worsen and wipe out the benefit of cheaper oil.
- Embraer Debuts Legacy 650, Phenom 300 Returns to CBAA[Jun. 07, 2012]
Embraer's Legacy 650 will make its debut at the Canadian Business Aircraft Association convention on June 13-14, 2012 in Toronto, Canada. At the same time, the Phenom 300 will return to Canada's premier business aviation event, where it debuted in 2011.