Word: pinkham
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...Actress Dorothy Provine as Pinky Pinkham in the TV series The Roaring...
...country's fourth largest airline by revenue. But by freezing out Singapore Airlines, CAAC officials signaled that they have decided to close ranks around their domestic carriers - potentially shutting off the fast-growing China market to foreign carriers eager to expand their connections to the mainland. Says Richard Pinkham, an analyst at the Centre for Asia Pacific Aviation, a Singapore-based consultancy: "The regulators had clearly decided to go a different direction than the one the [Singapore] deal offered...
...airline regulator. Li has been a vocal opponent of allowing foreign carriers greater access to China's skies and has encouraged domestic airlines to raise their overseas market share by opening more long-haul routes. His appointment "set the stage for more consolidation and probably less foreign investment," Pinkham says. In early January, Li announced that the CAAC will not consider applications for new airlines before 2010. China's existing 22 carriers are also banned from importing new aircraft and from opening new routes if they have blemishes on their safety record...
...through mergers of domestic carriers such as Air China and China Eastern. Air China has little expertise to lend its potential new partner when compared with Singapore Airlines, which is known for top-flight service. "Bring in Singapore, and you can be confident service levels will go up," says Pinkham, the Centre for Asia Pacific Aviation analyst. "With Air China, the improvement is a lot less certain...
...that it will block the creation of any new Chinese airlines until 2010 - unless the new carrier flies the ARJ21. All of the 71 ARJ21s sold thus far have been to Chinese carriers serving the fast-growing mainland travel market. "The government still controls fleet purchases," says Richard Pinkham, an industry analyst at the Centre for Asia-Pacific Aviation, a Singapore-based consultancy. "That will provide a big boost to marketing efforts...