DOCSLIB.ORG

Bamboo Airways Outstripped Other Airlines in Terms of Flight Recovery

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Bamboo Airways Outstripped Other Airlines in Terms of Flight Recovery RESEARCH CENTER MARKET RADAR Wednesday, 12 May 2021 BASIC INDICES (unit: %) Price 1D 1M 3M YTD 1Yr. Market Trends: The spectacular sprint VNINDEX 1,269.09 1.04 3.04 13.8 15.0 VN - Index rocketed today after going sideways in major time VN30 1,380.17 1.54 10.13 22.2 28.9 of the trading session when it was up by 13.05 points or HNXINDEX 282.33 0.92 -3.90 25.5 39.0 +1.04% equivalently and closed at 1269.09. Trading value HNX30 424.75 1.76 -5.24 26.1 31.3 UpCom 81.47 0.49 -1.86 26.1 9.4 stayed at VND 20,924bn with 700 mn shares traded. On the other hand, foreign investors aggressively sold VND 631bn MARKET LIQUIDITY (VNDtn, shares) net. Price 1D 1M 3M YTD 1Yr. Turnover 20,924 0.0 46.3 79.6 801.8 The market sharply bounced back in the afternoon sessions Volume 700 0.0 5.9 46.9 348.6 with the lead of large-cap in the VN30 basket. TCB (+4.79%) was the most valued contributor to VN Index, followed by GVR ㅂ KEY RATES (% p.a, bps) Price 1D 1M 3M YTD 1Yr. (+6.93%) and STB (+6.9%). Whereas, the triple V including VIC 조 O/N 1.039 16.20 81.6 -50.4 95.3 (-0.92%), VCB (-0.62%) and VHM (-0.31%) were the top names VN 10Y 2.388 -1.80 -7.1 7.5 -19.1 pulling market down. CN 10Y 3.134 0.30 -7.4 -10.4 -0.5 IND 10Y 6.411 0.00 -2.6 21.4 55.0 According the recent news from the government, Covid-19 TH 10Y 1.771 0.62 -7.9 27.1 34.6 outbreak original place were likely to be under the control. US T10 1.611 -0.65 -2.9 38.5 76.4 Thus, the concerned of the spread seems blurry. Furthermore, MCSI frontier index just added several tickers of Vietnam CURENCIES & COMMODITIES Price 1D 1M 3M YTD 1Yr. market into its basket. All of these may be the reason for the Dollar Index 90.24 0.11 -2.08 -0.19 0.34 market to have a wonderful session today. USD/VND 23,057 0.03 -0.03 0.27 -0.18 EUR/USD 1.21 -0.12 1.97 0.03 -0.67 USD/JPY 108.74 0.11 -0.85 3.81 5.32 USD/CNY 6.44 0.17 -1.72 -0.28 -1.33 Featuring events/news USD/KRW 1,124.65 0.45 0.33 1.61 3.53 WTI 65.82 0.0 11.0 13.0 35.7 Bamboo Airways outstripped other airlines in terms of flight Coal 98.70 0.0 6.0 12.9 22.6 recovery Gold 1,834.35 -0.2 5.2 0.5 -3.4 Iron ore 215.29 0.0 26.4 34.5 148.3 MWG tries to sell bicycles, and will also sell cars and motorcycles if China HRC 6,555 0.0 17.1 45.0 43.3 the sales are good Corn 767 1.0 32.9 41.8 58.5 BDI 3,254 0.0 56.1 147.8 138.2 Shinhan Securities Vietnam | 1 NEWS & COMMENTS Transportation 1) Bamboo Airways outstripped other airlines in terms of flight recovery Trung Hoang According to the Civil Aviation Administration of Vietnam, in the first 4 months of 2021, [email protected] the whole Vietnamese aviation industry exploited 84,431 flights, up 7.5% over the same period last year. Bamboo Airways was the strongest rebound when the number of flights increased to 58.7% with 15,979 flights. Vietnam Airlines had a 5.9% increase in flight numbers; Vietjet Air, Pacific Airlines, and Vasco all recorded a decrease in the number of flights compared to the same period. The rookie - Vietravel Airlines has just taken off since the beginning of 2021, so there are no data to compare. Retail 2) MWG tries to sell bicycles, and will also sell cars and motorcycles if the sales are good An Nguyen [email protected] The CEO revealed another way to boost growth for this group of stores is to restructure the household goods industry. In particular, not only optimizing the area inside the store, recently the company also takes advantage of its yard area to launch new products. "Bicycles put into business are also in the goal of finding opportunities to help The Gioi Di Dong and Dien May Xanh continue to increase sales", said Mr. Hieu Em. This model takes advantage of the excess area in the front yard to set up space to sell products. PLEASE SEE ANALYST CERTIFICATIONS AND DISCLAIMER AT THE LAST PAGE OF THIS REPORT Shinhan Securities Vietnam | 2 Compliance Notice Analyst Certification: We/I hereby certify the information and material presented in this report are accurate expressions of their views, and that we/I have not received internally or externally wrongful pressure to express such views. All opinions and estimates regarding the company and its securities are accurate representations of the covering analyst's judgments as of this date, and may differ from actual results. This report is intended to provide information to assist investment decisions only and should not be used or considered an offer or the solicitation of an offer to sell or to buy any securities. Stock selection and final investment decisions should be made at the client's own discretion. This report is distributed to our clients only, and any unauthorized use, duplication, or redistribution of this report is strictly prohibited. Distribution United States: This report is distributed in the U.S. by Shinhan Investment America, Inc., a member of FINRA/SIPC, and is only intended for major U.S. institutional investors as defined in Rule 15a-6(a)(2) under the U.S. Securities Exchange Act of 1934. All U.S. persons that receive this document by their acceptance thereof represent and warrant that they are a major U.S. institutional investor and have not received this report under any express or implied understanding that they will direct commission income to Shinhan Investment Corp. or its affiliates. Pursuant to Rule 15a-6(a)(3), any U.S. recipient of this document wishing to effect a transaction in any securities discussed herein should contact and place orders with Shinhan Investment America, Inc., which accepts responsibility for the contents of this report in the U.S. The securities described in this report may not have been registered under the U.S. Securities Act of 1933, as amended, and, in such case, may not be offered or sold in the U.S. or to U.S. person absent registration or an applicable exemption from the registration requirement. All Other Jurisdictions: Customers in all other countries who wish to effect a transaction in any securities referenced in this report should contact Shinhan or its affiliates only if distribution to or use by such customer of this report would not violate applicable laws and regulations and not subject Shinhan and its affiliates to any registration or licensing requirement within such jurisdiction. Shinhan Securities Vietnam | 3 .
Load more

Recommended publications
  • Aviation Report Mar 2020
    AVIATION REPORT MAR 2020 Prepared by Business Centre British Business Group Vietnam December, 2019 BBGV HCMC Office BBGV Hanoi Office 25 Le Duan, Ben Nghe Ward, 4th Flr, Belvedere Building, 28A District 1, Ho Chi Minh City Tran Hung Dao,Hoan Kiem, Hanoi T: +84 28 3829 8430 (Ext. 122) T: +84 24 3633 0244 E: [email protected] E: [email protected] OUR TEAM CUSTOMER RELATIONS ASSISTANT TRADE SERVICES ASSISTANT Nhi Nguyen Tuan Thieu HEAD OF BUSINESS SERVICES An Doan BUSINESS SERVICES MANAGER Truc Doan LEGAL & FINANCE LEAD Minh Pham EXECUTIVE DIRECTOR Peter Rimmer what we do ? The British Business Group Vietnam (BBGV) was officially established in Ho Chi Minh in 1998 with its Ha Noi branch founded in 2007. BBGV aims to support and develop Vietnam-UK business links while raising the profile of Vietnam in the British business community and vice versa. As an accredited British Chamber, BBGV in association with the Department for International Trade (DIT), is committed to promote strong business links between Vietnam and the UK. BUSINESS MATCHING: BUSINESS DEVELOPMENT REPRESENTATIVE: Partner search and one-to-one Provide a professional business meetings with potential clients, development representative to act locally agents/distributors or outsourcing on your behalf, strengthen existing partners engagements with the Vietnam market on a long term basis and develop further business relationships within the market. BUSINESS REGISTRATION: BUSINESS SERVICES EVENTS: Offer step-by-step support to Organise trade missions, product launches setting up
    [Show full text]
  • Báo Cáo Định Giá Lần Đầu
    BÁO CÁO ĐỊNH GIÁ LẦN ĐẦU NGÀNH HÀNG KHÔNG Ngày 16 tháng 07 năm 2021 q CÔNG TY CỔ PHẦN HÀNG KHÔNG VIETJET HSX: VJC Hoàng Thị Tuyến Giá thị trườngBÁO (16 /07CÁO/2021) ĐỊNH115.400 GIÁ KhuyếnLẦN ĐẦUnghị Chuyên viên phân tích Giá mục tiêu 129.500 Email: [email protected] BÁN Chênh lệch +12,2% Tel: 19006446 – Ext: 4304 Người phê duyệt báo cáo THỊ TRƯỜNGBÁO HỒICÁO PHỤC ĐỊNH CHẬM GIÁ VÀ ÁP LẦN LỰC CẠNHĐẦ Nguyễn Thị Kim Chi TRANH CAO, TRIỂN VỌNG KÉM KHẢ QUAN Phó Giám Đốc Phân tích đầu tư Chúng tôi tiến hành định giá lần đầu cổ phiếu VJC bằng phương Biến động giá cổ phiểu VJC và VNINDEX pháp chiết khấu dòng tiền FCFF. Giá mục tiêu của cổ phiếu VJC 60% được xác định là 129.500 VND/cp, +12,2% so với giá đóng cửa 40% ngày 16/07/2021. Chúng tôi đưa ra khuyến nghị BÁN đối với cổ 20% phiếu VJC ở thời điểm hiện tại dựa trên các cơ sở: (Chi tiết tổng 0% hợp định giá) -20% ► Chịu áp lực cạnh tranh mạnh trên thị trường nội địa -40% Áp lực cạnh tranh bắt đầu gia tăng từ năm 2019, khi Bamboo Airways đi vào hoạt động, tập trung phát triển kinh doanh thị trường nội địa. Năm 2019, thị phần nội địa của VJC giảm từ VJC VNINDEX mức 45,6% năm 2018 xuống mức 44,8%. Năm 2020, VJC tiếp Thông tin giao dịch 16/07/2021 tục chịu sự cạnh tranh từ Bamboo Airways và áp lực cạnh tranh Giá hiện tại 115.400 từ Vietnam Airlines cũng gia tăng khi hãng này giảm mạnh giá vé để tăng thị phần nội địa, bù đắp cho thị trường quốc tế tạm Giá cao nhất 52 tuần (VND/cp) 137.700 dừng do dịch Covid-19.
    [Show full text]
  • Bloomberg – FPTS <GO>
    www.fpts.com.vn Bloomberg – FPTS <GO> | 1 TABLE OF CONTENTS VIETNAM’S ECONOMIC OUTLOOK Macroeconomics Outlook Stock Market Outlook INDUSTRIES’ OUTLOOK CONSTRUCTION: Continuing deceleration in 2020 due to stagnant residential market STEEL: Entering the stage of restructure CEMENT: Increasing operational risks CERAMIC TILE: Slow growth in 2020 PLASTIC: Maintaining the growth momentum AVIATION: Becoming less attractive with increasing competition FERTILIZER: Expected favorable weather to improve consumption SUGAR: Hardship after integration AQUACULTURE: Lowering production costs to enhance competitiveness PHARMACEUTICAL: Advantages from legal policies for quality domestic manufacturers TEXTILE: Negative impacts from trade war POWER: Persistent acceleration www.fpts.com.vn Bloomberg – FPTS <GO> | 2 NGUYEN NHAT HOANG VU THI HONG Email: [email protected] Email: [email protected] Tel: (+84) 24 3773 7070 Tel: (+84) 24 3773 7070 Ext: 4306 Ext: 4302 NGUYEN TUAN NGHIA DAO HONG QUAN Email: [email protected] Email: [email protected] Tel: (+84) 24 3773 7070 Tel: (+84) 24 3773 7070 Ext: 4343 Ext: 4308 LE THI THUY DUONG Email: [email protected] Tel: (+84) 24 3773 7070 Ext: 4308 www.fpts.com.vn Bloomberg – FPTS <GO> | 3 I. The GDP growth rate is maintained at a high level, inflation and exchange rate remain stable According to the Asian Development Bank (ADB), although world economic growth is expected to decelerate, Vietnam is still able to maintain a relatively high economic growth rate compared to other countries in the region. In 2019, Vietnam’s GDP increased by 7.02%, which is the 2nd highest figure within the past decade and belongs to the group of the fastest-growing economy globally.
    [Show full text]
  • Vietravel Airlines Takes to the Skies
    Vietravel Airlines takes to the skies SASCO's Keerthi "HappyK" Hapugasdeniya (left) poses for a photo in Vietravel Airlines' cabin with operating team A new Vietnam airline has officially taken to the skies following its launch last month. Vietravel Airlines offers services to Ho Chi Minh City (SGN), Hanoi Airport (HAN), Da Nang (DAD), Hue Phu Bai (HUI), Nha Trang (CXR), and Phu Quoc (PQR). The airline brand is the first to be established since the outbreak of the COVID-19 virus, with approval from Prime Minister Nguyen Xuan Phuc. Vietravel Airlines operates as a member of Vietravel Group, a tour operator in the country that is celebrating 25 years in business. The airline brand identity is closely associated with tourism. So far, the bulk of passengers on its flights are local people, and international routes are scheduled to start by the end of the year. The airline plans charter flights to serve tourists from Vietravel Group. 1 Copyright DutyFree Magazine. All rights reserved. The fleet consists of three A321ceos, with five more aircraft expected by the end of its second year. SASCO General Manager Inflight Services Keerthi "HappyK" Hapugasdeniya (right) poses for a photo with Head Of Inflight Services, Nguyen Ling Phuong (middle), and member of operating team The fleet consists of three A321ceos, with 220 and 212 seats, 18 of each are Premium seats. The airline is planning to have five more aircraft in operation by the end of its second year. The airline is headed up by Chief Executive Officer Vu Duc Bien, who has worked in the airline industry for decades.
    [Show full text]
  • Afc Vietnam Fund Update
    30th September 2019 AFC VIETNAM FUND UPDATE Fund Category Vietnam Public Equities A bank rally fueled by a small interest rate cut led to gains in the indices where Country Focus Vietnam financials are weighted heavily. While the small cap index closed down -2.6% for the Monthly at NAV (five business month, the HCMC Index gained +1.3%, and the Hanoi Index gained +2.7% on the heels Subscriptions days before month end) of the index heavyweight, Asia Commercial Bank, which gained +5.4%. With a limited Monthly at NAV Redemptions number of stocks supporting this advance, combined with profit taking in our gainers 30 days’ notice from last month, our NAV declined -2.0% to USD 1,830, according to internal Benchmark VN Index calculations. Fund Manager Vicente Nguyen How strange the market is behaving at the moment shows the fact that while the Asia Frontier Capital (Vietnam) Investment Manager Limited, Cayman Islands HCMC Index is trying to break out over the 1,000-point barrier, which it has been Asia Frontier Investments fighting for over the last 18 months, the Hanoi Index dipped below 100 during the Investment Advisor Limited, Hong Kong month for the first time since the summer of 2018. It recovered strongly since then, Fund Base Currency USD but is still at levels we saw two years ago! Minimum Investment USD 10,000 Subsequent Investments USD 1,000 Management Fee 1.8% p.a. of NAV 12.5% p.a. of NAV appreciation Performance Fee with high watermark Fund Domicile Cayman Islands Launch Date 23 December 2013 Viet Capital Securities, Ho Chi Custodian Bank Minh City Auditor Ernst & Young, Hong Kong (HNX 2 years; Source: Viet Capital Securities) Trident Fund Services, Hong Administrator Kong Legal Advisor Ogier, Hong Kong Market Developments ISIN KYG0133A1673 Lower rates as a sign of loosening money policy should support the economic growth Contact Information in Vietnam.
    [Show full text]
  • Resources for Flight Departments COVID-19 Outbreak April 10, 2020
    Content Developed by our Partner: Max Security Solutions a world leader in threat intelligence Resources for Flight Departments COVID-19 Outbreak April 10, 2020 Current Situation The death toll from the COVID-19 pandemic that originated in Wuhan, China was reported to be 97,000 as of April 10, while the total number of confirmed cases has reached 1,617,000 worldwide. As of April 10, the first case of COVID-19 was reported in Yemen, while Djibouti reported its first virus-related death. Argentina extended its nationwide quarantine until April 23, while Honduras extended its nationwide curfew until April 19. Panama announced that a full quarantine will be enforced nationwide on April 11-12. In Guatemala, the government ordered all people to wear masks in public starting April 13. In Cambodia, all forms of travel between districts and provinces are restricted until April 16 with limited exceptions. East Timor has closed its borders and banned any entry and exit, regardless of citizenship, to take effect on April 13. Authorities imposed a partial lockdown in Jakarta, Indonesia, with security forces deployed to enforce social distancing. Brussels Airline suspended flights to eight destinations in Europe and North Africa for one year, while Air France-KLM grounded more than 90 percent of flights over the next two months. Denmark authorities issued an advisory to its citizens to avoid traveling outside of the country until May 10. Hungary announced that the national lockdown would be extended indefinitely, and Ireland extended its lockdown by two weeks. The Kurdistan Regional Government extended the curfew in its territory until April 16.
    [Show full text]
  • Airbus A319neo/A320neo/A321neo/A321LR Status: Active Or on Order Sorting: Airline 29.08.2021
    Airbus A319neo/A320neo/A321neo/A321LR Status: Active or on order Sorting: Airline 29.08.2021 Ser.Nr. Type F/F Status Immatr. in service Engines Owner Rem. @airlinefleet.info Acropolis Aviation Country: United Kingdom HQ: Farnborough Group: Alliance: 8403 A.320-251N/CJ 2018 in service G-KELT 03-2020 CFM LEAP-1A Aegean Airlines Country: Greece HQ: Athens Group: Alliance: Star Alliance 9400 A.320-271N 2019 in service SX-NEO 12-2019 PW PW1100G ACG Avia.Cap. 9497 A.320-271N 2020 in service SX-NEA 02-2020 PW PW1100G ACG Avia.Cap. 9514 A.320-271N 2020 in service SX-NEB 02-2020 PW PW1100G ACG Avia.Cap. 9583 A.320-271N 2020 in service SX-NEC 03-2020 PW PW1100G ICBC Leasing 10047 A.320-271N 2020 in service SX-NED 06-2020 PW PW1100G 9553 A.321-271N 2020 in service SX-NAA 10-2020 PW PW1100G 9575 A.321-271N 2020 in service SX-NAB 11-2020 PW PW1100G 10189 A.321-271N 2020 in service SX-NAC 12-2020 PW PW1100G 10305 A.321-271N 2021 in service SX-NAD 08-2021 PW PW1100G Aer Lingus Country: Ireland HQ: Dublin Group: International Airlines Group Alliance: One World 8887 A.321-253LR 2019 in service EI-LRA 07-2019 CFM LEAP-1A Air Lease Co. 8909 A.321-253LR 2019 in service EI-LRB 10-2019 CFM LEAP-1A Air Lease Co. 8965 A.321-253LR 2019 in service EI-LRC 10-2019 CFM LEAP-1A Air Lease Co. 9187 A.321-253LR 2019 in service EI-LRD 03-2020 CFM LEAP-1A Air Lease Co.
    [Show full text]
  • Bản Cáo Bạch Niêm Yết
    BẢN CÁO BẠCH NIÊM YẾT TỔ CHỨC TƯ VẤN CÔNG TY CỔ PHẦN CHỨNG KHOÁN THÀNH PHỐ HỒ CHÍ MINH Trụ sở chính : Lầu 5 & 6, Tòa nhà AB, 76 Lê Lai, Quận 1, Tp. Hồ Chí Minh Điện thoại : (84-28) 3823 3299 Fax: (84-28) 3823 3301 Website : www.hsc.com.vn TỔ CHỨC KIỂM TOÁN CÔNG TY TNHH KPMG VIỆT NAM Trụ sở chính : Tầng 46, Tòa tháp Keangnam, lô E6, Quận Nam Từ Liêm, Hà Nội Điện thoại : (84-24) 3946 1600 Fax: (84-24) 3946 1601) Website : home.kpmg Trang | 2 BẢN CÁO BẠCH NIÊM YẾT MỤC LỤC I. CÁC NHÂN TỐ RỦI RO .................................................................................................... 6 1. Rủi ro kinh tế ......................................................................................................................... 6 2. Rủi ro về luật pháp ................................................................................................................. 9 3. Rủi ro đặc thù ....................................................................................................................... 10 4. Rủi ro khác ........................................................................................................................... 16 II. NHỮNG NGƯỜI CHỊU TRÁCH NHIỆM CHÍNH ĐỐI VỚI NỘI DUNG BẢN CÁO BẠCH .................................................................................................................................. 17 1. Tổ chức niêm yết ................................................................................................................. 17 2. Tổ chức tư vấn ....................................................................................................................
    [Show full text]
  • The Impact of Covid-19 on the Southeast Asian Tourism Industry
    THE IMPACT OF COVID-19 ON THE SOUTHEAST ASIAN TOURISM INDUSTRY THE IMPACT OF COVID-19 ON THE SOUTHEAST ASIAN WEEKLY SUMMARY TOURISM 08 NOV 2020 Hannah Pearson INDUSTRY [email protected] INTRODUCTION As a market highly dependent on both Chinese outbound tourism and the Chinese economy, Southeast Asia is a region which was heavily affected by COVID-19 even in the early months of 2020. With the declaration of a pandemic, as well as the closing of borders and imposition of lockdowns, Southeast Asia’s tourism economy will continue to be impacted for the foreseeable future. View this information online and more on our frequently updated dashboard at: https://www.pearanderson.com/coronavirus/ Sign up to be added to our weekly mailing list, with this report sent out every Sunday: https://insights.pearanderson.com/sea-covid-summary THE IMPACT OF COVID-19 ON THE SOUTHEAST ASIAN TOURISM INDUSTRY IMPACT SUMMARY Week ending Sunday 8th November 2020 INBOUND TRAVEL OUTBOUND TRAVEL COUNTRY LOCKDOWN RESTRICTIONS RESTRICTIONS CASES DEATHS Cambodia None Visa restrictions Discouraged 295 0 Indonesia Partial Visa restrictions Restricted 437,716 14,614 Laos None Visa restrictions Discouraged 24 0 Malaysia Partial Visa restrictions Restricted 40,209 286 Myanmar Partial Visa restrictions Discouraged 60,348 1,396 Philippines Partial Visa restrictions Permitted 396,395 7,539 Singapore Partial Visa restrictions Restricted 58,056 28 Thailand None Visa restrictions Flight restriction 3,837 60 Vietnam None Visa restrictions Restricted 1,213 35 Data accurate as of 20:42 (UTC+8) on 08 Nov 2020 Partial lockdown = closure of schools or some non-essential services (e.g.
    [Show full text]
  • Developing the Aviation As a Gate to Open the World
    International Journal of Recent Engineering Research and Development (IJRERD) ISSN: 2455-8761 www.ijrerd.com || Volume 04 – Issue 07 || July 2019 || PP. 122-127 Developing the aviation as a gate to open the world Cong Tri Tran, Van Quy Nguyen, Thi Minh Hao Dong Ho Chi Minh College of Transport VI, Ho Chi Minh city, Vietnam Abstract: According to the World Bank, Vietnam's aviation industry currently has the highest passenger growth in Southeast Asia. In particular, in the period of 2016-2021, Vietnam's aviation industry grew to double digits, up to 17.4%, nearly 3 times higher than the region's average growth rate. The International Air Transport Association (IATA) said that by the end of 2018, Vietnam is the fifth-fastest growing aviation market in the world, after China, the US, India and Indonesia. According to statistics of the Vietnam Aviation Administration, in 2018, the total aviation market of Vietnam reached 70.2 million passengers, up 12.8% over the same period. The growth rate of total passenger transport in the period of 2013-2018 reached a CAGR of 19%/year and the domestic market reached 18.4%/year. Meanwhile, the international market grew slightly, reaching 19.6%/year. Notably in these statistics is the domestic market share of Vietnamese airlines. According to the Aviation Department, Vietjet Air is leading, with 48.9% market share, quite far from its rival Vietnam Airlines, holding 39%. The statistics also show that since being on the market at the end of 2011, following the direction of cheap price, Vietjet's market share has been growing year by year.
    [Show full text]
  • FAMILY BENEFITS Offspring of Singapore Airlines, LCC Scoot, Is Battling to Match Demand with Supply, Said Its CEO, Lee Lik Hsin
    Vol. 26 No. 8 October 2019 orientaviation.com FAMILY BENEFITS Offspring of Singapore Airlines, LCC Scoot, is battling to match demand with supply, said its CEO, Lee Lik Hsin Asia’s fresh Opportunities beckon for Qatar Airways outbreak of Asian carriers in Central expands China ties start-up fever and Eastern Europe despite losses Lessorsvalue question of new grounding Aircraft leasing: Asia-PacificMAXs after updatelong FLIGHTSAFETY Training Technicians IS HERE FOR Throughout the World YOU Pratt & Whitney Canada Honeywell Aerospace Airframes, Engines & Avionics Learn from industry-leading expert Combine the best classroom and Benefit from specialized instruction for instructors on the full range of P&WC hands-on practical instruction on your specific airframe, engines and engines – including turboprop, turbofan Honeywell’s aircraft engines, avionics, avionics suites developed in collaboration and turboshaft. auxiliary power units and more. with the manufacturers. Highly qualified instructors teach courses at FlightSafety locations around the world or at your facility. flightsafety.com • 800.291.0679 • A Berkshire Hathaway company FLIGHTSAFETY PWC/HONEYWELL MX AD - ORIENT AVIATION - Trim: 202 mm w x 273 mm d Bleed: 212 mm w x 283 mm d Live: 182 mm w x 253 mm d CONTENTS Volume 26, Issue 8 COVER STORY 8 Airbus updates global market demand with Asia 14 leading future growth FAMILY BENEFITS 10 Asia’s fresh outbreak of start-up fever One plus one equals one at LCC 18 Opportunities beckon for Asia’s carriers in Scoot after its successful integration
    [Show full text]
  • Guest Column: Restart on the Rise
    Guest column: Restart on the rise This is a special feature from PAX International's June 2021 Asia-Pacific digital edition. In this guest column, Keerthi “HappyK” Hapugasdeniya, Founder of HappyK Solutions, gives an update on two key airlines in Vietnam, plus a snapshot of the country’s plans to reopen come September. Keerthi “HappyK” Hapugasdeniya, Founder, HappyK Solutions It has been a hectic few months after going through deep COVID restrictions in Vietnam, with the travel and tourism sectors facing many challenges. With predictions of a fourth wave, some cities are locked down with the public encouraged to stay home. This is not good news for domestic travel. I recently spoke to Director of Tourism Mr. Binh Nguyen who says the city of Da Nang is not waiting for international tourists, but rather is changing tourist criteria to welcome local travelers who have do not have the option to travel overseas. He tells me the city has hosted a number of successful activities in the past few months to reconnect locals after a year of silence. The city plans to keep the events going for the rest of the year. If the virus disturbs the plans, the city will respond appropriately to keep people safe. 1 Copyright DutyFree Magazine. All rights reserved. Vietravel plans to equitize subsidiary Vietravel Airlines in its second year to boost its success as the first travel airline in Vietnam Like in many other countries, airlines in Vietnam are re-evaluating business plans to adapt to the unpredictable environment. According to Vietnamplus, Vietravel plans to equitize subsidiary Vietravel Airlines in its second year to boost its success as the first travel airline in Vietnam.
    [Show full text]