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Cathay and Qatar sign expanded codeshare agreement

Cathay and Qatar sign expanded codeshare agreement

Cathay Pacific and Qatar Airways claim that their new codeshare initiative offers passengers “greater flexibility and a wider choice” of flights. 
South African low-cost carrier gets operating licence

South African low-cost carrier gets operating licence

South Africa’s FlySafair has received its domestic scheduled licence, which its rivals attempted to block last October.
Loganair introduces Saab 2000s on Shetland service

Loganair introduces Saab 2000s on Shetland service

Loganair is to boost traffic with the introduction of three capacity-enhancing Saab 2000s, the first of which was introduced on its Aberdeen-Sumburgh route this week.
Etihad and Fiji Airways cosy up with interline deal

Etihad and Fiji Airways cosy up with interline deal

Etihad has inked a “far-reaching” interline agreement with South Pacific carrier Fiji Airways, described as the “starting point of further negotiations between the two airlines”.
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Boeing finalises its biggest order with troubled Lion Air

News Tuesday, 14 February 2012 10:51 Written by  Oliver Clark

 

Privately-owned Indonesian carrier Lion Air has finalised a record order for 230 aircraft from Boeing, including 201 B737 MAXs and 29 Next-Generation B737-900ERs, as it seeks to expand within the Asia-Pacific.

 

The carrier, which already operates to 36 destinations mainly within the Indonesia archipelago, also placed an option for 150 more aircraft as part of the biggest single aircraft deal in Boeing’s history and which was signed in the presence of US President Obama.

 

The manufacturer claims the 737 MAX will 10-12% more fuel efficient than current single aisle aircraft.

 

Lion Air currently operates international services to Vietnam, Kuala Lumpur and Singapore and has made its determination to expand its route network clear. It states on its website that “Soon, you’ll be able to fly extensively throughout the Asia Pacific region with Lion Air”.


Speaking to Reuters on the eve of the Singapore Airshow, CEO Rusdi Kirana told Reuters the with the completion of the aircraft deal, a delayed bid public flotation of the company was now likely to take place within the next two years.

 

The airline has been embroiled in scandal after two pilots were arrested on drug charges. It also remains on the EU’s list of airlines banned from operating in European airspace.

 

Kirana said Lion Air currently held a 51% share of the domestic market and aimed to go public when this reached 60%, something he estimated would happen "in the next two years"

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