Aus Air Cargo (Australia) has secured a wet lease for a B767-300BDSF (serial number 24146) from affiliate Astral Aviation (Kenya). The first flights operated under this lease agreement commenced on the Hong Kong–Brisbane route, strengthening Aus Air Cargo’s regional capacity.
Dubai Aerospace Enterprise (UAE) has signed a US$300 million three-year unsecured term loan agreement with Bank of China (Dubai) Branch, Bank of China, London Branch, and Bank of China (Hong Kong). The loan proceeds will be allocated for general corporate purposes, providing Dubai Aerospace Enterprise with increased financial flexibility.
Air China and Cathay Pacific have established a New Framework Agreement to expand collaborative transactionsand deepen their strategic relationship. The agreement aims to extend cooperation beyond traditional codeshare and interline partnerships to include a broader scope involving their 30%-controlled corporations and shared ventures.
China Southern Airlines is reportedly planning an initial public offering (IPO) of its cargo subsidiary, China Southern Air Logistics, with the listing expected to take place in Hong Kong. The move is aimed at raising substantial capital to support the division’s growth, amid strong demand in the global air freight sector.
HAECO (Hong Kong) has announced a new maintenance partnership with SF Airlines (China) to conduct C-checkson the carrier’s fleet of Boeing 747 freighters (B747F). The checks will be carried out at HAECO’s state-of-the-art facilities in Hong Kong, further strengthening the MRO provider’s foothold in the cargo maintenance segment.
HAECO (Hong Kong) has successfully completed the first C-check for a Japan Airlines A350 at its state-of-the-art maintenance facility in Xiamen, China. This marks a significant milestone in the collaboration between the two companies and highlights HAECO’s continued expansion of its Airbus A350 heavy maintenance capabilities.
HAECO, the Hong Kong-based global aircraft engineering and maintenance provider, and Satair, a Denmark-headquartered subsidiary of Airbus specializing in aviation aftermarket solutions, have announced the signing of a new strategic supply agreement. This partnership aims to strengthen the long-term component support and material availability for both companies’ global customer bases.
CALC (China Aircraft Leasing Group Holdings Ltd), based in Hong Kong, reported impressive financial results for 2024, demonstrating significant growth with total revenue increasing by 9.2% to US$669.5 million and profit attributable to shareholders rising dramatically by 809% to US$33.1 million.
HK Express (Hong Kong) has announced the resumption of direct flights between Hong Kong and Ishigaki, set to commence on 03 April 2025. This move strengthens regional travel links between Hong Kong and Japan’s Okinawa Prefecture, catering to growing demand for leisure and business travel.
HK Express (Hong Kong) anticipates that ongoing issues with its Pratt & Whitney (P&W)-powered A320neo fleetwill continue to impact operations through 2025. The airline reported that in 2024, an average of 5.6 A320neos were grounded at any given time due to issues with the P&W GTF engines.
