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57. ALC Signs MOU for 50 Airbus A320neo Family Aircraft
Air Lease Corporation (ALC), the Los Angeles-based aircraft leasing company signed a Memorandum of Understanding at the 49th Le Bourget Airshow for 50 A320neo Family aircraft including 14 options. ALC also announced orders for the acquisition of eleven A330 Family aircraft and one A321.
58. HKIA Reports May 2011 Traffic
Hong Kong International Airport (HKIA)'s passenger throughput and flight movements continued to grow steadily in May 2011, posting respective year-on-year increases of 5.6% and 9.8%, to 4.3 million and 27,845. Cargo volume recorded 330,000 tonnes during the month, representing a decrease of 9.9% from the corresponding period last year.
59. Singapore Changi Airport Reports May 2011 Traffic
Singapore Changi Airport handled 3.77 million passenger movements in May 2011, an 11.3% increase compared to May 2010. Aircraft movements during the month totalled 24,994, a 12.8% increase year-on-year, and an all time monthly record for Changi Airport.
60. New Travel Kits on Cathay Pacific
Cathay Pacific has unveiled its latest range of travel kits for passengers featuring an exclusive design by renowned French fashion brand agnès b. The kits will also contain, for the first time, biodegradable products.
61. Boeing and AVIC to Open Manufacturing Innovation Center in China
Boeing and Aviation Industry Corporation of China (AVIC), one of China's largest state-owned aviation companies, are to open the AVIC- Boeing Manufacturing Innovation Center (MIC) in Xi'an, Shaanxi Province, China. The AVIC-Boeing MIC will enhance Boeing's production system by increasing AVIC's efficiency and capacity to supply high-quality parts for Boeing airplanes.
62. Fairmont Signs Hotel in Taiyuan, China
Fairmont is to open a new hotel in Taiyuan, a historic city in Northern China and the capital of Shanxi Province, in 2014. The hotel will be situated along the Fen River, yet within walking distance of the new Central Business District in Taiyuan. Shanxi Jun Lian Real Estate Development Co., Ltd. (Junlian) is developing the Sumeru project, a mixed-use development featuring luxury r
63. Singapore Airlines Strengthens Ties with Tourism Australia
The importance of strong aviation partnerships in driving Australia’s future tourism growth has been reaffirmed with the signing of a new commercial agreement between Singapore Airlines and Tourism Australia. The three-year agreement, which takes effect from 1 July 2011, will see Singapore Airlines and Tourism Australia jointly fund a range of tourism promotion activities aimed at
64. STR Reports Global Hotel Pipelines
According to the May 2011 STR Global Construction Pipeline Report, the Asia Pacific hotel development pipeline comprises 1,227 hotels totalling 302,858 rooms. Year to date through 30 April 2011, 98 projects opened in the region with 15,007 rooms. There are 324 more projects expected to open in the remainder of 2011 with 73,430 rooms. In 2012, 424 projects are planned to open with 1

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