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NEWS







                                            JETSTAR gOES TO Hk

                                            China Eastern Airlines and Qantas (which
                                            owns Jetstar) have inked a deal to set up
                                            Jetstar Hong Kong. Subject to regulatory
                                            approval  Jetstar  Hong  Kong  will  launch
                                            a  three  Airbus  A320  fleet  in  2013.  “We
                                            believe  there  are  huge  opportunities  for
                                            the  Jetstar  low  fares  model  throughout
                                            Asia,  including  Greater  China,  and  are
                                            excited  to  be  the  first  major  Chinese
        EyES ALOfT                          carrier  to  bring  this  travel  option  to  the   China  Eastern  as  equal  partners.  Alan
                                            region,” said Mr Liu Shaoyong, Chairman
                                                                                 Joyce,  Qantas  CEO,  said  the  deal  would
        ORBIS  International,  a  non-profit,   of China Eastern Airlines.       build  a  strong  base  for  accessing  the
        humanitarian  organisation  dedicated   Jetstar says it will leverage its low cost   world’s  largest,  fastest  growing  and
        to  saving  eyesight  operates  a  flying   carrier model and networks together with   most  profitable  aviation  market.  “We
        hospital  to  developing  areas  across   China Eastern’s local knowledge to be the   see  tremendous  potential  for  the  Qantas
        the  world.  ORBIS  Partner,  Lufthansa   first low fares airline based in Hong Kong. It   Group in Asia and we’re looking forward to
        Technik  Philippines  (LTP),  has  been   plans to service short haul routes to China,   working more closely with China Eastern
        helping   ORBIS   by   offering   non-  Japan, South Korea and South East Asia.   Airlines to deliver on it,” he added. Jetstar
        destructive  testing  (NDT)  services  for   With market cap of up to US$198million,   says its fares will be 50% less than existing
        the Flying Eye Hospital, a DC-10 kitted   the  new  carrier  will  see  QANTAS  and   full service carriers.
        out to function as a travelling ophthalmic
        hospital and teaching facility. Dedicated
        to combating preventable and treatable                                  growth according to a report published by
        blindness,  the  organisation  works                                    Embraer. India has 55 of the 332 billionaires
        across the world enabling experts and                                   in  Asia-Pacific  and  the  second-largest
        trainers  to  get  to  areas  that  would                               business  jet  fleet  of  154  in  the  Asia-
        otherwise  see  hundreds  of  thousands                                 Pacific  region,  after  China’s  215.  “The  US
        going untreated.                                                        GDP  in  2011  was  US$15  trillion.  Within
          It  is  literally  a  hospital  with  wings                           the  space  of  a  single  generation,  India’s
        -  one  that  brings  together  dedicated                               economy could grow to be as large as the
        eye  care  professionals  and  aviators                                 US  economy  is  today,”  said  Kapil  Kaul,
        to  deliver  training  to  local  eye  care                             CEO  India  and  Middle  East  of  the  Centre
        providers and treatment to underserved                                  for Asia Pacific Aviation (CAPA), a Sydney-
        patients.  Locally,  it  landed  at  Subic,                             based aviation think tank. The report says
        Angeles  City,  Cebu,  Davao,  and  more.   INdIA : gROWTH              Indian corporations that run domestic and
        During stints in Dubai and Indonesia, LTP   IN SIgHT                    global  operations  are  looking  at  medium-
        sent  two  NDT  experts  from  its  Engine                              and long-range aircraft for senior executive
        &  Component  Overhaul  department  to   India  may  be  suffering  from  limited   transport. This could drive up to 50 aircraft
        perform a critical inspection to enable   infrastructure,  regulatory  hurdles  and   transactions  during  the  next  three  to  four
        the hospital to keep flying.        high  taxation.  But  potential  remains  for   years, CAPA estimates.



                              SAID WHAT?!

                              “This is us, we screwed that up. We will fix it as quickly as

                              possible and whatever it costs, that is something too early
                              to say at this point.”

                              Tom Enders, Airbus CEO explaining to an astonished audience at the Singapore Airshow that the cracks in brackets
                              inside the A380 wing were being attended to. We could hear the PR groans from the other side of the room.
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