Boeing and Minsheng Financial Leasing Announce Commitment for 30 737s

 

LE BOURGET, France, June 16, 2015 /PRNewswire/ — Boeing [NYSE:BA] and Minsheng Financial Leasing (Minsheng) today signed a Memorandum of Understanding (MOU) at the Paris Air Show for the purchase of 30 737 airplanes, a mix of Next-Generation 737 and 737 MAX airplanes.

“Minsheng has enjoyed a successful relationship with Boeing,” said Wang Fuhou, Vice President of Minsheng for Aviation Unit. “Thanks to the continued emergence of low-cost carriers and regional airlines, the single-aisle market is projected to be the fastest growing and most dynamic segment. The Next-Generation 737 of today and the 737 MAX of the future combine market-leading economics, reliability and comfort to meet requirements from airline customers like Ruili Airlines.”

As one of the first five leasing companies approved by China Bank Regulatory Committee, Minsheng was founded in April 2008 by China Minsheng Banking Corp [600016.CH/ 1988.HK], the largest private commercial bank in China.

Minsheng has become a top-tier leasing company in China and has enjoyed the leading position in the business jet market. In 2013, Minsheng entered commercial airplanes, focusing on high-demand aircraft type and the global aviation market.

“We are thrilled with Minsheng’s decision to purchase the 737 family of products,” said Ihssane Mounir, senior vice president of Sales for Northeast Asia, Boeing Commercial Airplanes. “It’s a milestone for Minsheng to become a major player in the leasing industry. This agreement for 737s, which offer market-leading fuel-efficiency and reliability, will allow Minsheng to capture the strong demand in both the domestic and global single-aisle market.”

The Next-Generation 737’s market success has been confirmed by investors who consistently rank it as the most preferred single-aisle airplane due to its wide market base, superior performance efficiency and lowest operating costs in its class. The 737 MAX builds on the strengths of today’s Next-Generation 737 by incorporating the latest-technology to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

Minsheng currently owns more than 30 commercial aircraft which are leased to more than 10 airlines customers across the world.

Contacts:
Sunny Xu  (at PAS)
Boeing China Communications
+86 10 5925 5506
sunny.xu2@boeing.com

Kevin Yoo  (Seattle)
International Communications
Boeing Commercial Airplanes
+1 206-249-6372
kevin.k.yoo@boeing.com

SOURCE :Boeing

Airbus’ widebody Family flies high at the International Paris Air Show

Airbus’ market-leading family of widebody aircraft is flying high at this year’s International Paris Air Show – reaffirming its position as the most modern, comprehensive and streamlined product line seating from 200 to more than 500 passengers.

Comprising the versatile A330, next-generation A350 XWB and double-deck A380, Airbus’ widebody product line offers key solutions to airlines around the world – providing the most efficient way to meet the air transport sector’s growing traffic requirements.

Visitors to the Paris Air Show are seeing this up-close with the major presence of four total A350 XWB and A380 aircraft (two of each) in static and flying displays, as well as key commercial activity so far this week – including a commitment today by EVA Air of Taiwan for four additional A330-300s.

This Memorandum of Understanding brings firm orders and commitments for Airbus’ market-leading widebody line to 35 aircraft during the show.

Airbus is the answer: A complete family to meet all requirements

Together Airbus’ highly-efficient widebody jetliners cover a full range of operational requirements – from regional and low-cost flights to long-haul flights on high-yield routes between the world’s biggest aviation hubs, as well as newer routes linking smaller, distant airports.

Airbus’ distinctive A380 is a leader in comfort and efficiency – and the best solution for capturing growth in the air transport industry with a unique ability to attract passengers, stimulate traffic and maximise revenue on high-value routes to and from congested airports.

The next-generation Airbus A350 XWB is the latest member of its widebody product line – bringing together the very latest in  latest in aerodynamics, design and advanced technologies to provide a 25 percent step change in fuel efficiency and a 25 percent lower seat-mile cost compared to current aluminium competitors.

Completing Airbus’ widebody product line is the versatile A330. As a result of non-stop innovation by the company, the A330 is the most efficient aircraft in its class, comprising five in service variants, as well as two NEO (new engine option) versions that were launched in 2014.

Over 1,500 orders for A330, more than 100 operators

This reputation as an aircraft of choice for a wide range of operations has been firmly endorsed by the market – with ongoing popularity of the A330 product line across the world.

As a truly global success, Airbus has booked more than 1,500 orders for A330 jetliners, with over 100 operators flying these aircraft on a range of missions and today’s aircraft delivering an operational reliability over 99 percent.

Taking it to a new level: the single-aisle A321neo also active at the Paris Air Show

Airbus’ single-aisle product also generated significant headlines on Day 2 of the Paris Air Show. Air Lease Corporation and Air Astana – the Kazakh flag carrier – signed a deal for the lease of seven Airbus A320neo (new engine option) Family aircraft, comprising two A320neo, one A321neo and four A321neo Long Range (LR) jetliners.

With the agreement, Air Astana becomes the first airline in the world to announce that it will operate the A321neo LR, which is designed to offer the longest range of any single-aisle aircraft, capable of serving routes of up to 4,000 nm. Air Astana is expected to welcome the new variant into its fleet starting in 2019.

“In terms of product, in terms of range, in terms of operating cost efficiency, these aircraft are going to take Air Astana to a new level,” said Peter Foster, President and CEO, Air Astana at a press conference with international journalists today at the Paris Air Show. “These aircraft will allow us to operate almost all of our network: domestic, regional and also our long-haul services to Europe and Asia.”

Airbus also announced a major new commitment for the A321neo from Korea Airlines, which signed a Memorandum of Understanding to acquire up to 50 A321neo aircraft, comprising 30 jetliners, plus 20 options.

In addition, Peach Aviation placed a firm order for A320 Family aircraft – covering the purchase of three A320s by this Japanese low-cost carrier.

Serving customers

Other commercial activity included a new support and services agreement with AirAsia, which has become become the launch customer for the latest Airbus “Smarter Fleet” electronic Flight Folder (eFF). This is a comprehensive software application that allows pilots to access their briefing package on-board the aircraft, from home, the hotel room, or the crew briefing room.

“Our relationship with Airbus is ever stronger,” said Tony Fernandes, Group CEO of Air Asia during a briefing at Le Bourget Airport. “Initiatives such as this will help us become an even better airline.”

Rounding out the commercial announcements today, Airbus’ Upgrade Services division and EasyJet reached an agreement for the retrofit of up to 105 of the airline’s A320 cabins

Airbus Website

Kyrgyzstan 1 – 2 Australia #AUS

Bishkek: Australia beat hosts Kyrgyzstan 2-1 in their 2018 FIFA World Cup/2019 AFC Asian Cup joint-qualifying campaign opener at Dolen Omurzakov Stadium on Tuesday.

The AFC Asian Cup 2015 winners opened their account early in the game as skipper Mile Jedinak scored on two minutes.

Substitute Tommy Oar, who came on for Nathan Burns on 56 minutes, doubled the lead on 67 minutes but Azamat Baimatov brought it one down two minutes into second-half stoppage time.

Ange Postecoglou’s Australia side will play their second match against Bangladesh while Kyrgyzstan, who started their campaign with a 3-1 win over Bangladesh five days earlier, take on Jordan on September 3.

The participating teams will compete according to a double round robin format, with the Round 2 qualification matches being held between June 11, 2015 and March 29, 2016.

The group winners and four best runners-up (total 12 teams) will advance to the 2019 AFC Asian Cup finals and the final round of qualifying for the 2018 FIFA World Cup.

The next best 24 teams from the preliminary stage of the joint qualifiers will compete in a separate competition for the remaining slots (12 slots or 11 slots + 1 slot for the host) in the 24-team 2019 Asian Cup.

Photo: AFP

Asian Football Confederation

Turkmenistan 1-1 Iran

Dashoguz: Favourites Iran had to be content with a 1-1 draw with hosts Turkmenistan in their 2018 FIFA World Cup/2019 AFC Asian Cup joint-qualifying opening match at Sport Toplumy Stadium on Tuesday.

Iran got the lead as early as the 4th minute through Sardar Azmoun but Ruslan Mingazov managed to equalise two minutes in the first-half stoppage time to force sharing of spoils.

The game was Turkmenistan’s second after bowing down 1-0 to surprise package Guam thanks to an own goal in their campaign opener five days earlier. The Turkmenistan’s next opponents will be Oman on September 3.

Iran will play Guam in their second match on the same day.

The participating teams will compete according to a double round robin format, with the Round 2 qualification matches being held between June 11, 2015 and March 29, 2016.

The group winners and four best runners-up (total 12 teams) will advance to the 2019 AFC Asian Cup finals and the final round of qualifying for the 2018 FIFA World Cup.

The next best 24 teams from the preliminary stage of the joint qualifiers will compete in a separate competition for the remaining slots (12 slots or 11 slots + 1 slot for the host) in the 24-team 2019 Asian Cup.

Asian Football Confederation

Myanmar 0-2 Korea Republic #KOR

Bangkok: Korea Republic kicked-off their quest to reach the FIFA World Cup for the ninth time in succession began on Tuesday with an assured 2-0 victory over Myanmar as the 2015 AFC Asian Cup runners-up made a winning start to their 2018 FIFA World Cup/2019 AFC Asian Cup joint-qualifying campaign.

Jeonbuk Hyundai Motors midfielder Lee Jae-sung put the Koreans in the driving seat when the 22-year-old struck with ten minutes of the first half remaining with his second senior international goal following the winner in the Taeguk Warriors’ 1-0 friendly defeat of New Zealand back in March.

The Koreans doubled their advantage in the 67th minute with what transpired to be the final goal of the game, which came courtesy of Bayer Leverkusen star Son Heung-min (pictured) as Uli Stielike’s side joined Kuwait and Lebanon, who defeated Laos by an identical score line in Tuesday’s other fixture, at the top of the Group B standings.

The participating teams will compete according to a double round robin format, with the Round 2 qualification matches being held between June 11, 2015 and March 29, 2016.

The group winners and four best runners-up (total 12 teams) will advance to the 2019 AFC Asian Cup finals and the final round of qualifying for the 2018 FIFA World Cup.

The next best 24 teams from the preliminary stage of the joint qualifiers will compete in a separate competition for the remaining slots (12 slots or 11 slots + 1 slot for the host) in the 24-team 2019 Asian Cup.

Photo: AFP

 

Asian Football Confederation

Malaysia 0-6 Palestine

Shah Alam: Palestine scored three goals in either half as they whipped Malaysia 6-0 in their second 2018 FIFA World Cup/2019 AFC Asian Cup joint-qualifying match at Shah Alam Stadium on Tuesday.

Sameh Maraaba (22’, 75’, pictured) and Tamer Seyam (41’, 89’) scored a double apiece with Musab Battat opening the scoring after nine minutes while substitute Khader Abuhammad also got on the score-sheet on 63 minutes.

Palestine have now won one of their two games and sit third in Group A while Malaysia sit bottom of the five-team group.

The participating teams will compete according to a double round robin format, with the Round 2 qualification matches being held between June 11, 2015 and March 29, 2016.

The group winners and four best runners-up (total 12 teams) will advance to the 2019 AFC Asian Cup finals and the final round of qualifying for the 2018 FIFA World Cup.

The next best 24 teams from the preliminary stage of the joint qualifiers will compete in a separate competition for the remaining slots (12 slots or 11 slots + 1 slot for the host) in the 24-team 2019 Asian Cup.

Photo: AFP

Asian Football Confederation

Hong Kong 2-0 Maldives

Hong Kong: Hong Kong won their second 2018 FIFA World Cup/2019 AFC Asian Cup joint-qualifying match with a 2-0 win over the Maldives at Mongkok Stadium on Tuesday.

The first half was barren of goals but the second half proved to be exciting for the hosts as Kim Pang-on’s side scored the two goals within a four-minute spell.

Xu Deshuai opened the scoring on 63 minutes before Lam Ka Wai scored Hong Kong’s second on 67 minutes to place the side on top of Group C where in another game China whipped Bhutan 6-0.

The participating teams will compete according to a double round robin format, with the Round 2 qualification matches being held between June 11, 2015 and March 29, 2016.

The group winners and four best runners-up (total 12 teams) will advance to the 2019 AFC Asian Cup finals and the final round of qualifying for the 2018 FIFA World Cup.

The next best 24 teams from the preliminary stage of the joint qualifiers will compete in a separate competition for the remaining slots (12 slots or 11 slots + 1 slot for the host) in the 24-team 2019 Asian Cup.

Asian Football Confederation

Laos 0-2 Lebanon

Vientiane: Laos were unable to build on their opening draw with regional rivals Myanmar as the South East Asian side crashed to a 2-0 home defeat to Lebanon in their second match in Group G of the 2018 FIFA World Cup/2019 AFC Asian Cup joint-qualifiers on Tuesday.

Lebanon had already tasted defeat at home in the qualifiers and were looking to make up ground after they had lost 1-0 to Kuwait in their opening fixture last week and the Cedars made the perfect start to getting their campaign back on track when Mohamad Ghaddar put the visitors one up with just five minutes at the National Sports Complex Stadium played.

The early goal from Ghaddar, who is no stranger to South East Asian football having had spells in Malaysia with Kelantan and Felda United, was all that separated the two sides up until the 75th minute when Romania-based 22-year-old Fayez Chamsine sealed the win with Lebanon’s second.

Lebanon’s victory created a three-way tie at the top of Group G with the 2000 AFC Asian Cup hosts, Kuwait and Korea Republic all level on three points with the ASEAN duo of Laos and Myanmar, who lost 2-0 to the Koreans in Tuesday’s other Group G fixture, both two points adrift of the leading pack.

The participating teams will compete according to a double round robin format, with the Round 2 qualification matches being held between June 11, 2015 and March 29, 2016.

The group winners and four best runners-up (total 12 teams) will advance to the 2019 AFC Asian Cup finals and the final round of qualifying for the 2018 FIFA World Cup.

The next best 24 teams from the preliminary stage of the joint qualifiers will compete in a separate competition for the remaining slots (12 slots or 11 slots + 1 slot for the host) in the 24-team 2019 Asian Cup.

 

Asian Football Confederation

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Bhutan 0-6 China #CHN

Thimpu: Yang Xu scored a triple as China opened their 2018 FIFA World Cup/2019 AFC Asian Cup joint-qualifying campaign with a 6-0 thrashing of hosts Bhutan at Changlimithang Stadium on Tuesday.

The visiting Asian giants led 1-0 at the break before coming back on fire and adding five to the tally to win all three points from the match.

Yang opened the floodgates of scoring two minutes into first-half stoppage time before adding two more goals under his name on 61 and 76 minutes.

Wu Lei also got on the score-sheet after 55 minutes while substitute Yu Dabao, who came off the bench on 61 minutes, registered a double on 67 and 83 minutes to give a bang to their campaign opener.

The participating teams will compete according to a double round robin format, with the Round 2 qualification matches being held between June 11, 2015 and March 29, 2016.

The group winners and four best runners-up (total 12 teams) will advance to the 2019 AFC Asian Cup finals and the final round of qualifying for the 2018 FIFA World Cup.

The next best 24 teams from the preliminary stage of the joint qualifiers will compete in a separate competition for the remaining slots (12 slots or 11 slots + 1 slot for the host) in the 24-team 2019 Asian Cup.

Photo: AFP

Asian Football Confederation

Cambodia 0-1 Afghanistan

Phnom Penh: Afghanistan picked up their first win of the 2018 FIFA World Cup/2019 AFC Asian Cup joint-qualifiers when Mustafa Zazai struck with four minutes of Tuesday’s Group E encounter with Cambodia remaining.

Both sides had been on the receiving end of a heavy defeat in their respective Preliminary Round 2 openers last week and were keen to get their qualifying campaigns back on track after the Cambodians and the Afghans went down to Singapore (4-0) and Syria (6-0) respectively.

With neither side able to seize the initiative, Tuesday’s meeting at the Olympic Stadium in the Cambodian capital appeared destined for a draw until Zazai, who plays his club football in the German Regionalliga Nord for FC St. Pauli II, sealed all three points for the 2013 SAFF Championship winners.

The win took the Afghans level on points with Syria, who are second in the Group F standings on goal difference. Both Afghanistan and Syria, who were not in action on Tuesday, are just one point behind surprise early leaders Singapore after the Lions held Japan to a goalless draw as the four-time AFC Asian Cup made a low-key start to their quest to qualify for a sixth successive FIFA World Cup.

The participating teams will compete according to a double round robin format, with the Round 2 qualification matches being held between June 11, 2015 and March 29, 2016.

The group winners and four best runners-up (total 12 teams) will advance to the 2019 AFC Asian Cup finals and the final round of qualifying for the 2018 FIFA World Cup.

The next best 24 teams from the preliminary stage of the joint qualifiers will compete in a separate competition for the remaining slots (12 slots or 11 slots + 1 slot for the host) in the 24-team 2019 Asian Cup.

 

Asian Football Confederation