BGN Entrepreneur

Hong Kong Airlines (TCA) has placed an order for 10 Airbus A380 aircraft worth about $ 3.8 billion (€ 2.5 billion) at list prices. The contract will be a relief for the European plane maker, because the order risked his derailed by a dispute between the European Union and China.

Beijing rejects an EU plan to tackle the international airlines comply with a system for carbon dioxide emissions. But Kenneth Thong, HKA corporate governance head, said a television interview, the order would go ahead. The carrier, which has ambitious expansion plans, is likely to have a great discount on the purchase order for the super-jumbo aircraft.

Mr. Thong said the planes were needed to help boost the airline’s growth, particularly in the development of business-class services with Europe. PCA before Airbus A330, which are used for services between Hong Kong and several European cities ordered.

Mr. Thong Bloomberg TV in Hong Kong said: “We think the relationship between Asia and Europe will be very exciting for the next couple of years after the current (economic) crisis is over we are planning for the aftermath .. It was expected that PCA would be a tall order for the A380, known in the past year. But the Financial Times reports that this has to be connected to China’s opposition to the EU carbon emissions trading system, the airlines pay the additional costs instead.

The U.S. has raised concerns about the scheme. The contract is to take the Airbus order book to 188th According to Airbus refused before an official announcement of the contract on 17 January position to take.

Related posts:

1. Qantas in Hong Kong Budget Airline Deal
   Qantas of Australia and China Eastern Airlines are going...
2. Prada Earns $2.1bn in Hong Kong Share Sale
   Fashion brand–Prada has raised $2.1bn via an initial public offering...
3. Causeway Bay in Hong Kong Become Retail Rents King
   According to the result of a new study, it was...
4. Airbus Plans to Open Factory in US
   In a move that would dramatically ramp up the...
5. Budget Airlines
   Generally, a low-cost carrier or low-cost airline is an airline...