The company added a new A321 airbus to its fleet on Tuesday, as another step in its fleet expansion and renewal. Zheng Yan chairman of Air Macau’s board of directors said the Air Macau fleet will expand from the current 15 aircrafts to 17 within this year, and to 24 by 2018, with each plane costing over USD50 million. “Now basically every year we replace one or two old aircrafts; the replacement plan will be completed in 2020,” he added.
Flights to Osaka, Tokyo, Seoul and Bangkok will be increased in frequency within the year. Other destinations in Southeast Asia – such as Vietnam – will be added to its airline network, with the frequency of flights depending on the market demand.
Air Macau’s profits plummeted by 74.4 percent in the first half of 2014.
According to Zheng, this was due to intense competition among five major airports in the Pearl River Delta region.
“Before we were basically expanding on the routes to the mainland. Since this year, because the economy is in an adjustment period not only in the mainland but also in Macau, our airline network is also adjusting,” explained Zheng on the sidelines of a new aircraft inauguration ceremony. (macaunews/macaudailytimes)