Posts tagged ‘Airbus A320 family’

09/09/2016

Indian Domestic Flights Are the Cheapest in the World – India Real Time – WSJ

Air fares in India are the lowest in the world, according to a global transportation study, underscoring the intense competition between carriers in the South Asian country.

In India, it costs an average of just $2.27 to fly 100 kilometers (62 miles) on domestic routes on a budget airline and $2.67 on a full-service carrier, according to a survey conducted by Kiwi.com, a Czech Republic-based online travel agency.

The most expensive place to fly domestically is the United Arab Emirates where flights are 80 times costlier than India. It costs $181.38 for 100 kilometers on a budget airline in the UAE and $220.36 on a full-service airline, according to website’s 2016 Aviation Price Index, which analyzed more than one million flights worldwide.

Domestic budget airline fares in India are similar to those in Malaysia—the second least expensive country–which cost $2.32 per 100 kilometers. Fares on full-service carriers in the Southeast Asian nation are however more expensive, at $5.81 for a similar distance.

Indian fares are cheaper thanks to strong competition and comparatively lower jet fuel prices. The country also has a number of budget airlines, including InterGlobe Aviation Ltd.’s IndiGo and SpiceJet Ltd.

A Boeing Co. 737 aircraft operated by SpiceJet Ltd. approaches to land at Chhatrapati Shivaji International Airport in Mumbai, India, Oct. 26, 2015. Spicejet is among a number of budget carriers in India.

Prices in India have fallen as competition increased with the arrival of new carriers. Malaysia’s AirAsia Bhd. started a budget airline venture with India’s Tata Sons Ltd. while Singapore Airlines Ltd. began a full-service carrier with Tata Sons.

Russia is ranked third least expensive for domestic air travel, with prices at $7.02 for budget airlines and $6.32 for full-service, the survey showed.

On the steep side, Finland — where it costs $39.61 and $130.80 to fly 100 kilometers on a low-cost and a full-service airline respectively — is the second most expensive. Qatar is the third-most expensive costing $64.36 for a budget airline ticket and $85.31 for a full-service airline ticket for the same distance.

The website said China offered the least expensive international flights on both budget and full-service airlines, at $1.22 and $2.84 respectively for 100 kilometers of travel. International flights from Canada are the most expensive at $43.70 and $94.66 on low-cost and full-service airlines respectively.

Source: Indian Domestic Flights Are the Cheapest in the World – India Real Time – WSJ

15/08/2015

China Eastern to buy 15 Airbus jets for $3.6 billion | Reuters

China Eastern (600115.SS)(0670.HK), the country’s No.2 airline by market value, plans to acquire 15 Airbus (AIR.PA) jets for about $3.6 billion to meet booming demand for air travel.

The logo of Airbus Group, Europe's largest aerospace group, is pictured in front of the company headquarters building in Ottobrunn, near Munich February 26, 2014. REUTERS/Michaela Rehle

Airbus is scheduled to deliver seven A330s in 2017 and a further eight in 2018, China Eastern Airlines Corp (CEA.N) said in a statement to the Shanghai stock exchange.

“The company is purchasing 15 Airbus A330 planes to help to replace older planes that will retire over the next few years. It will also help to meet rising passenger demand for mid and long routes,” China Eastern said.

China will be the world’s largest air passenger market by 2034, according to the International Air Transport Association, attracting interest from foreign airlines.

Delta Air Lines Inc (DAL.N) is poised to become the first U.S. carrier to own part of a Chinese peer, announcing plans last month to buy a 3.55 percent stake in China Eastern for $450 million and gaining an “observer” seat on its board.

In a separate statement on Friday, China Eastern reported first-half net profit up sharply to 3.56 billion yuan ($557 million) from only 15 million yuan a year earlier, citing lower fuel prices and strong travel demand.

via China Eastern to buy 15 Airbus jets for $3.6 billion | Reuters.

11/11/2014

Airbus aims to double China component sourcing value to $1 billion by 2020 | Reuters

European jet maker Airbus Group NV (AIR.PA) aims to double the annual value of aircraft components it sources from China to $1 billion by 2020, the firm’s China Chief Operating Officer, Rafael Gonzalez-Ripoll-Garzon, said on Tuesday.

A flight test engineer holds an Airbus Group flag after the first flight of the Airbus A320neo (New Engine Option) in Colomiers near Toulouse, southwestern France, September 25, 2014.  REUTERS/Regis Duvignau

The Airbus executive’s comment, made on the sidelines of China’s premier airshow in Zhuhai, came as the European firm’s chief rival Boeing (BA.N) said it’s also seeking to ramp up China component sourcing.

Kent Fisher, Boeing Commercial Airplane’s vice-president and general manager of supplier management, said that over the next few years his company is looking to double the $2 billion worth of aircraft parts it has sourced from China in total over the last 30 years. Fisher was speaking at a separate press briefing at the air show and didn’t provide further details.

Boeing also said it had signed a deal with Aviation Industry Corporation of China to produce composite tail parts for the Boeing 777 program, beginning in 2017.

Airbus and Boeing have been competing fiercely in China, which will need over 6,020 new planes worth $870 million the next 20 years, according to Boeing’s latest forecast.

Both have been increasing their sourcing in China, using locally made composite materials and parts like emergency doors in aircraft like the Airbus A330 and Boeing B787 jets.

via Airbus aims to double China component sourcing value to $1 billion by 2020 | Reuters.

27/05/2013

* Gutter oil to be used as auto fuel

China Daily: “Authorities aim to keep waste from returning to the kitchen

Gutter oil to be used as auto fuel

Processed gutter oil is expected to be used as bus fuel within two years in Shanghai, as part of efforts to advance a circular economy and prevent recycled cooking oil from returning to the kitchen.

A China Eastern Airlines ground crew fills an airliner with biofuel made from gutter oil and palm oil at Shanghai Hongqiao International Airport on April 14. The Airbus A320 succesfully made a one-and-a-half hour test flight with the fuel. CHEN FEI / XINHUA

The Shanghai Municipal Food Safety Committee will cooperate with Tongji University and six businesses that process used cooking oil into biodiesel that can power vehicles, said Yan Zuqiang, the committee’s director, in an interview with a local news portal on Saturday.

Owing to the comparatively high cost of transforming recycled cooking oil to vehicle diesel, those who use the oil will receive subsidies, he said.

Lou Diming, a professor at Tongji’s School of Automotive Studies who has led the study for the past three years, said after many experiments it is now the right time to turn the application of recycled cooking oil for vehicles into a reality.

His team has experimented with using mixed diesel fuel on more than 300 taxis, buses and lorries.

A regulation regarding the proper disposal of waste oil, including a clarification of the qualifications of oil collectors, came into effect in Shanghai in March.

The municipality leads the country in supervising the collection of waste oil, and at least 90 percent of its oil has been recycled appropriately, according to Yan.”

via Gutter oil to be used as auto fuel |Society |chinadaily.com.cn.

See also: https://chindia-alert.org/economic-factors/greening-of-china/

27/04/2013

* China agrees $8bn Airbus plane deal

BBC: “China has agreed to buy 60 planes from European firm Airbus, in a deal worth $8bn (£5.2bn) at list prices.

French President Francois Hollande and Chinese President Xi Jinping shake hands

It is the first such deal since the European Union suspended the inclusion of foreign airlines in its controversial Emissions Trading Scheme.

China had voiced its opposition to the scheme, which charges airlines for the carbon they emit.

Last year, Airbus had alleged that China blocked firms from purchasing its planes amid the row over the scheme.

The deal was signed as part of a series of agreements during French President Francois Hollande’s two-day visit to China.

It includes an order for 42 Airbus A320 aircraft and 18 A330 planes.”

via BBC News – China agrees $8bn Airbus plane deal.

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