Aviation Industry Update: Qantas, Thai Airways, and Malaysian Airlines Set for Growth

Strategic Insights -

As 2010 comes to a close, key players in the aviation industry are showcasing promising developments. Qantas Airways Ltd, the Australian carrier, is poised to have five Airbus A380s in the air by Christmas, while Thai Airways prepares to launch direct flights to Guwahati, India, to enhance accessibility for Thai businessmen and promote tourism. Meanwhile, Malaysia Airlines (MAS) plans to scale up operations to achieve 30 to 40 percent passenger growth in the Indian sector next year.

Key Takeaways:

  • Qantas Airways Ltd will have five Airbus A380s in the air by Christmas, marking a significant expansion of the airline's fleet.
  • Thai Airways will start direct flights to Guwahati, India, by next year to promote tourism and enhance accessibility for Thai businessmen in India's Northeastern region.
  • Malaysia Airlines (MAS) plans to revamp its fleet and scale up operations to achieve 30 to 40 percent passenger growth in the Indian sector next year.
  • China's civil aviation industry reaped profits of 1.55 billion yuan (US$233 million) in November, up 4.8 percent year on year, according to the Civil Aviation Administration of China (CAAC).
  • Qantas Airways Ltd's monthly traffic report was released on December 22, 2010, announcing the addition of five Airbus A380s to their fleet.

Statistics:

  • China's civil aviation industry profits increased by 4.8 percent year on year in November 2010, reaching 1.55 billion yuan (US$233 million).
  • Malaysia Airlines (MAS) plans to achieve 30 to 40 percent passenger growth in the Indian sector next year.
  • Qantas Airways Ltd will operate five Airbus A380s by Christmas 2010.
  • Thai Airways will start direct flights to Guwahati, India, by next year.

Sources:

  • Asian Pulse (http://www.asiapulse.com)
  • Qantas Airways Ltd (ASX:QAN)
  • Thai Airways
  • Civil Aviation Administration of China (CAAC)
  • Malaysia Airlines (MAS)