Friday, July 11, 2008

BRIEFING - ASIA AVIATION - JULY 10, 2008

Thursday, July 10, 2008; Posted: 07:15 AM
An executive briefing on aviation for July 10, 2008, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
SIEMENS WINS DELHI AIRPORT US$56 MLN BAGGAGE HANDLING CONTRACT
NEW DELHI - The Delhi International Airport Ltd on Thursday said it has awarded a 36 million euros (US$56 million) contract to supply the baggage handling system for the upcoming Terminal 3 at the Capital's airport to Siemens Mobility.
The system will have a throughput of more than 11,300 pieces of baggage per hour. A baggage X-ray system for full inspection will also be integrated, the company said in a statement.
COST CUTTING HELPS MALAYSIA AIRLINES TO STAY AFLOAT: GOVT
KUALA LUMPUR - Malaysia Airlines (MAS) (KLSE:3786) can still afford to operate despite the surging global fuel price as the national carrier had embarked on cost-cutting measures to tide over with rising operational expenses, the Lower House of Parliament was told Thursday.
Deputy Transport Minister Lajim Ukin said MAS had reduced flight frequency to non-profitable sectors such as from Kota Kinabalu to Tawau from six to four flights a day.
CHINA'S AVIATION OIL PROVIDER INCREASES JET FUEL PRICE
BEIJING - China's major jet oil provider, the state-owned China National Aviation Fuel Group Corporation (CNAF), announced on Tuesday that it has raised aviation oil price by 720 yuan (US$103) per tonne retroactive to July 1.
This will bring the domestic aviation kerosene price to more than 7,000 yuan per tonne.
CHINA EASTERN ANNOUNCES BRISK SALES FOR CROSS-STRAIT CHARTERS
TAIPEI - China Eastern Airlines (SSX:600115, SEHK:0670) today announced brisk ticket sales for weekend charter flights across the Taiwan Strait over the next eight weeks.
Currently the airlines operate four round flights across the strait, with two on Friday, one on Sunday and one Monday. A spokesman envisioned more flights in the future as demands grow across the strait.
CHINA AUTO SALES UP 17% IN FIRST HALF YEAR
BEIJING - China saw a slowdown in auto sales growth in the first half of 2008, due largely to increasing gas prices and looming restrictions on vehicle operation for better air quality during the upcoming Beijing Olympics.
China Association of Automobile Manufacturers said on Wednesday that between January and June, the country sold 3.61 million passenger motor vehicles, a growth of 17.07 per cent over the same period a year previous. The growth rate, however, was 5.19 percentage points lower than the 22.26 per cent level recorded in the same period last year.
JAPANESE MINISTER CALLS FOR CAP ON FOREIGN STAKES IN AIRPORTS
TOKYO - Restrictions are needed on foreign ownership of Japan's airports, but should be considered carefully so that overregulation does not hamper investment, Transport Minister Tetsuzo Fuyushiba said Wednesday.
"We cannot neglect the issue," Fuyushiba told reporters at the Japan National Press Club. "Some action needs to be taken."
JAL TO STOP SERVING FUKUSHIMA AIRPORT AS FUEL COSTS SURGE
TOKYO - With fuel prices climbing more than projected, Japan Airlines Corp. (TSE:9205) has decided to terminate service at Fukushima Airport starting Jan. 31 as part of an effort to withdraw from unprofitable routes.
The airline currently flies one daily round trip between Fukushima and Osaka's Kansai International Airport, Osaka's Itami Airport and Okinawa's Naha Airport. In addition to ending these three routes, it plans to close its offices at Fukushima Airport and in the city of Koriyama in Fukushima Prefecture.
SHARES OF INDIA'S SPICEJET SURGE 16% ON DECISION NOT TO QUIT
MUMBAI - Shares of Spicejet Wednesday surged 16 per cent amid reports that the promoters of the private carrier have decided not to exit the airline business for the time being.
Fuelled by the news report, shares of Spicejet rose 15.80 per cent to touch an intra-day high of Rs 34.45. Over 2.07 million shares changed hands on the Bombay Stock Exchange.
INDIAN SC UPHOLDS LAND ACQUISITION FOR CHENNAI AIRPORT EXPANSION
NEW DELHI - The Indian Supreme Court today upheld the Tamil Nadu government's decision to acquire land for the expansion and modernisation of Chennai airport.
A bench headed by Justice R V Raveendran dismissed a petition filed by a developer, Macro Marvel Projects, which alleged that the expansion would lead to displacement of 10,000 families.
CHINA AVIATION OIL TO RAISE JET FUEL OIL PRICE BY US$105 A TON
BEIJING - China Aviation Oil (CAO) has raised jet fuel oil price by 720 yuan (US$105)/ton starting from July.
China's domestic jet fuel oil price is comprised of three parts, namely, the ex-plant price, the price difference between purchase and sale, and the composite purchase cost difference.
THAI AIRASIA COMES TO VIETNAM
HANOI - Budget carrier Thai AirAsia opened its first sales office in HCM City on July 7.
The new office, on De Tham Street in District 1, will supplement the services the airline offers at www.airasia.com.
PACIFIC TOURISM SECTOR SUFFERS FROM HIGH AIRLINE FUEL SURCHARGES
SAIPAN - The tourism-based economy of many Pacific islands, particularly of the Commonwealth of Northern Marianas (CNMI), is suffering from soaring oil prices as Japan-based airlines charge passengers an additional US$150 per person per trip to CNMI destinations on top of the regular airfare, Marianas Variety reports.
Michael D. Merner, managing director of the Tokyo-based Aviareps Marketing Garden, a public relations firm hired by the Marianas Visitors Authority to promote the CNMI in Japan, said the US$150 per passenger fuel surcharge only applies to the CNMI, adding that the farther the destination, the higher the fuel surcharge.
S KOREA'S JEJU AIR TO OPEN OVERSEAS ROUTE FRIDAY
SEOUL - Jeju Air Co., South Korea's biggest budget carrier, said Tuesday it will open its first international route, to Hiroshima, Japan, starting Friday.
Jeju Air will be the country's first budget carrier to offer international flights, the company said in a statement.
CURFEW AT SYDNEY AIRPORT NOT UP FOR NEGOTIATION: AUSTRALIAN GOVT
CANBERRA - The curfew at Sydney airport is not up for negotiation, federal Transport Minister Anthony Albanese says.
Qantas (ASX:QAN) and Singapore Airlines want the curfew to be scrapped to allow overnight flights at the nation's largest airport.
KUWAIT'S AL-AQEELAH TO SET UP AVIATION ACADEMY, ISLAMIC BANK IN MALAYSIA
KUALA LUMPUR - Kuwait's Al-Aqeelah Leasing, Finance and Investment Co plans to establish an aviation academy in Malaysia with an initial investment of US$100 million.
Its chairman/managing director, Hamed M. Khajah, said the company also planned to set up an executive aircraft conversion centre and a maintenance, repair and overhaul facility.
VIETNAM'S DA NANG WELCOMES ASIANA'S MAIDEN FLIGHT FROM SEOUL
HANOI - The first scheduled flight of the South Korean carrier Asiana Airlines (KSE:020560) landed at Da Nang International Airport with 141 Korean tourists from Seoul at 10.40 pm on Saturday.
This is the first of the Korean airlines flights on the Seoul-Da Nang route. In the first stage of Seoul-Da Nang service, Asiana will have bi-weekly A320 aircraft flights on Tuesdays and Saturdays.
AIRLINES IN THAILAND CUT ROUTES, FREQUENCIES
BANGKOK - With jet fuel prices skyrocketing and passenger traffic slowing down, Thailand's four airlines have started reducing routes as well as flight frequencies, including popular long haul flights.
Thai Airways International (THAI), its low cost subsidiary Nok Air, Thai Air Asia and One-Two-Go have cited jet fuel prices of more than US$170 a barrel and strong competition for the move.
INDONESIAN AIRCRAFT PARTS INDUSTRY TO MEET GLOBAL STDS IN 2009
JAKARTA - The Indonesian government hopes that the aircraft component industry in the country, including its design engineering will meet global standards in 2009, an official said.
"We hope so. We have begun certification process by the DOA for PT Dirgantata Indonesia (DI) this year," Director for Certification and Airworthiness of the Ministry of Transportation Yurlis Hasibuan said here on Monday.

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