English Text by Helen Massy-Beresford Dec 05, 2019
With hefty fuel bills, overcapacity and macroeconomic uncertainty increasing pressure on the airline industry, it is no surprise carriers worldwide are focusing attention on driving growth in ancillary revenues to boost their coffers.
As the air transport market in the Asia-Pacific region becomes more competitive, yields from ticket revenue have fallen and airlines are increasingly turning to ancillary revenue to supplement operating income.
Mitsubishi Heavy Industries (MHI) Aero Engines has shipped the first Pratt & Whitney PW1200G from the plant that will act as a second assembly line of the engine, which powers the Mitsubishi Aircraft SpaceJet regional airliner.
Boeing is warning that escalating trade tensions between the U.S. and China, its largest single market, may soon threaten prospective aircraft sales, particularly those of the company’s lucrative twinjet 777 and 787 families.