HNA to launch new airline in Ningbo

MARK ELLIOTT | April 4, 2016

article image
China’s HNA Group, which operates multiple aviation businesses including Hainan Airlines, is planning to set up a new carrier in Ningbo.

Spotlight

Avation PLC (AVAP:LSE)

Avation is a Singapore based Group that specialises in aircraft leasing, airline consumables & components procurement & leasing, aerospace equipment procurement & leasing procurement, sales and leasing of specialized industrial equipment.

OTHER ARTICLES

What 2019 Taught Us About the U.S. Airline Industry

Article | February 18, 2020

For U.S. airlines, the fourth earnings season is now complete. And as is customary these days, all players produced solid profits. Collectively, Delta, American, United, Southwest, Alaska, JetBlue, Hawaiian, Spirit, and Allegiant reached a double-digit operating margin, topping 10 percent on nearly $46 billion in revenues. For all of 2019, they earned 11 percent on $184 billion. The year before: 10 percent on $175 billion. No other country has an airline industry so stable and profitable. What were the highlights of the final quarter of the final year of the decade? Here’s a review:

Read More

Why Has Airbus Built The A321XLR?

Article | February 21, 2020

Why did Airbus build the A321XLR? Why did they look at the market and decide that it needed an aircraft that could fly 4,700 nautical miles non-stop with passengers in a single-aisle? And why have airlines fallen in love with the aircraft? Let’s discuss why Airbus saw a need for this aircraft, and how airlines have reacted.

Read More

Can Viva Aerobus Extend Its Good Fortune Into 2020?

Article | February 25, 2020

Viva Aerobus had a great 2019. It had record numbers in almost every financial and operative indicator. The biggest them of all was an increase of 27.8% in its annual earnings, posting a total of $675 million USD. During 2019, Viva Aerobus also posted earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) of $203 million USD. It meant an increase of 23.1% in comparison to 2018.

Read More

An uncertain future for cruise and aviation

Article | April 9, 2020

As we begin to hit what would be the peak season toward the middle of spring and start of summer, instead of reading stories of holiday go-ers preparing for their next big escape, we’re instead reading stories of two huge industries that may suffer huge losses following the coronavirus pandemic. As it currently stands, all major cruise lines have had major disruptions to their services as they’re forced to lay off thousands of workers indefinitely whilst ports to many countries remain closed for the foreseeable future - the first big disruption to the industry since 9/11. And whilst the extended period of time in which services aren’t running for, the issues that the cruise liners may suffer from most could be a damaged reputation following the spread of infections amongst a number of ships. With many different people from many different countries all coming together in one confined space, it allowed the virus to spread very quickly in some instances, such as the Diamond Princess, reporting over 700 confirmed cases .

Read More

Spotlight

Avation PLC (AVAP:LSE)

Avation is a Singapore based Group that specialises in aircraft leasing, airline consumables & components procurement & leasing, aerospace equipment procurement & leasing procurement, sales and leasing of specialized industrial equipment.

Events