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Airbus, Boeing count on China as Southeast Asia slows down

Singapore/ Bloomberg Asia’s biggest airshow kicks off in Singapore this week amid a rout in the global financial markets. You can’t tell any of that looking at plane orders for Airbus Group SE and Boeing Co. The heydays of multi-billion orders from India and nations in Southeast Asia is giving way to concerns about airlines in the region delaying delivery ...

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Dubai World Central freight traffic rises 7.7 percent in 2015

DUBAI / WAM Air freight traffic at Dubai’s second airport, Dubai World Central (DWC), rose 7.7 percent during 2015, according to the year-end traffic report issued by operator Dubai Airports. Air cargo volumes for the year totalled 888,714 tonnes, up 7.7 percent from 824,933 tonnes recorded during 2014. Year-on-year cargo volumes increased despite a dip in fourth quarter traffic when ...

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Philippine Air dangles possible plane order as market slumps

Manila / Bloomberg Philippine Airlines is considering making an announcement of new plane orders as plane makers Airbus Group SE and Boeing Co. seek to revive sales in a region battling overcapacity. The flag carrier is considering Wednesday for its announcement, President Jaime Bautista said in an interview. Bautista declined to comment on what model the carrier has chosen. The ...

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