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25. China to Need Over 7,400 New Aircraft from 2018 to 2037
According to Airbus’ latest China Market Forecast, China will need over 7,400 new passenger aircraft and freighters from 2018 to 2037, with a total market value of US $1,060 billion. That represents more than 19% of the world total demand for over 37,400 new aircraft in the next 20 years.
26. Hotel Conversions Pick Up Pace as Investors Tap into Rental Demand
According to a new report from JLL, investors are acquiring hotels for conversion into apartments to meet a growing demand for residential rental properties in China’s tier 1 cities. In August 2018, China's home prices accelerated at their fastest pace in nearly two years, according to China’s National Bureau of Statistics, and many young professionals are choosing to rent rather t
27. Singapore Airlines Appoints Siva Govindasamy as Vice President Public Affairs
Singapore Airlines has appointed Siva Govindasamy as Vice President Public Affairs. Govindasamy will take over SIA’s corporate communications portfolio from Nicholas Ionides, who has been with the airline for more than 10 years. Ionides is leaving SIA in late October to pursue another career opportunity in Singapore.
28. United Airlines Appoints Steven Restivo as Vice President of Global Corporate Communications
United Airlines has appointed Steven Restivo as Vice President of Global Corporate Communications, effective 3 September 2019. Restivo has more than 20 years of strategic communications expertise from various companies, including Comcast NBCUniversal and Walmart Stores, Inc.
29. Embraer and Mongolian Hunnu Air Sign Pool Program Agreement to Support E190 Fleet
Embraer has signed a long-term Pool Program Agreement with Mongolian Hunnu Air to support a wide range of repairable components for the airline’s recently leased fleet of E190 aircraft. Hunnu Air is the first E190 operator in Mongolia and took delivery of its first E190 this year in May.
30. Marriott Appoints Frank Beck as Cluster MD of Three Properties in Langkawi
Frank Beck has been appointed as Managing Director of The St. Regis Langkawi, The Westin Langkawi Resort and Spa and the Langkawi International Convention Centre (LICC).
31. Marriott Signs First Autograph Collection Hotel in Cambodia
Marriott has expanded its Autograph Collection of Hotels to Cambodia with the signing of The Khom Hotel in Phnom Penh. Scheduled to open in early 2022, The Khom Hotel will offer 130 guest rooms and suites.
32. Aviation: Solid Passenger Demand and Record Load Factor in June 2019
Global passenger traffic results from IATA for June 2019 show that demand (measured in revenue passenger kilometers or RPKs) rose by 5.0% compared to June 2018, up slightly from the 4.7% year-over-year growth recorded in May. June capacity (available seat kilometers or ASKs) increased by 3.3%, and load factor rose 1.4 percentage points to 84.4%, which was a record for the month of

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