Singapore Airshow 2012
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While booming air travel in Asia has led to a rush of new aircraft orders, there is also a growing concern that financing this expansion may be difficult, especially for over-leveraged airlines given a global funding squeeze.
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The Singapore airshow is held every two years and is Asia's largest aerospace and defense event. Check out some highlights from the show.
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While Airbus and Boeing fight it out for a bigger share of the large passenger jet market in Asia, another battle is heating up among manufacturers of smaller, regional jets that carry between 60 and 120 passengers.
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Budget carriers in Asia, which have seen surging growth over the last decade, are now looking to tap the long-haul market.
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Over the last decade, domestic air traffic in India has grown from 13 million people annually to an estimated 52 million in 2011, making it the fastest-growing passenger market among major economies. Yet India’s airline industry is losing money and in deep debt, with few solutions in sight.
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Airbus CEO Tom Enders said the company will fix problems in the wings of the A380 superjumbo, after cracks were detected last month, and said he hoped the issue won't hurt sales of the aircraft in its target markets of Asia and the Middle East.
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Business is booming for Indonesia’s luxury jet charter firm Enggang Air Services and the company’s CEO Donnie Armand tells CNBC he is planning to expand his fleet size by 50 percent this year — a reflection of the country’s surging demand for private jet travel.
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When you think of aircraft, you usually imagine passenger planes, private jets or military aircraft. But what about planes that don't just carry passengers?Here are some uncommon aircraft with important functions.
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While Europe's debt crisis and global economic uncertainty are threatening airline profitability in the West, in Asia airlines are experiencing relatively strong growth. But rising capacity and cut-throat competition are threatening to derail that.
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The Singapore airshow is taking place as Boeing and Airbus both deal with embarrassing glitches to their showcase aircraft, and as growth in the airline industry is under threat. Here's what to expect.
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Despite speculation that Chinese aerospace manufacturer COMAC could one day rival heavyweights Airbus and Boeing, the firm says its focus stays on the domestic market.
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The European Union’s Emissions Trading Scheme (ETS) aimed at reducing the carbon footprint of airlines, if successfully implemented, could erode more than 30 percent from the struggling industry’s profits, Tony Tyler, CEO of The International Air Transport Association (IATA), said.
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.160x105.jpg?v=1299652158 "China to Drive Long-Term Cargo Growth: Cathay CEO")
Despite seeing its annual cargo throughput fall by more than 8.5 percent in 2011, the CEO of the world's largest air cargo carrier, Cathay Pacific Airways, tells CNBC he still sees long-term growth in the cargo business with China leading the charge.
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Boeing says the latest glitch in the Dreamliner won't slow production and the company is still on track to boost output from the current two or three per month to 10 by the end of next year.
About the Show
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The event is the largest aerospace and defense airshow in Asia, bringing together heads of the international aviation community.
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Slideshows
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The Singapore airshow is held every two years and is Asia's largest aerospace and defense event. Check out some highlights from the show.
-
When you think of aircraft, you usually imagine passenger planes, private jets or military aircraft. But what about planes that don't just carry passengers?Here are some uncommon aircraft with important functions.
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Don't expect cramped seats or endless delays on these flights. These airlines were ranked as the world's best.
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Everyone has experienced it, and no one enjoys it: the airport delay. But there are some airports where you might decide that a longer-than-expected layover is not such a bad thing.
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To mark the 2011 Dubai Air Show, we've picked 12 aircraft whose design and construction make them key players in almost a century of innovation.
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Save those travel miles and check out which airline lounges offer special perks — including one lounge that’s (egads!) open to the public and affordable!
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Here, we take a look at the evolution of air travel: the good, the bad and the inbetween — they're all "firsts" that changed the industry.
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