Malaysian Aviation Commission Handpicks Indonesia’s TransNusa Airlines as One of the Two Foreign Airlines to Operate from its distinguished Subang Airport

PT TransNusa Aviation Mandiri to be the first foreign airline to kickstart jet aircraft operations for the Jakarta-Subang international route from Subang Airport in Malaysia
TransNusa to operate daily scheduled international flight from Jakarta to Subang, starting August 1, 2024
The airline will be utilising its A320 narrow-body airliner for the daily scheduled flight

JAKARTA, July 15, 2024 – (ACN Newswire) – TransNusa made headlines in Indonesia and South East Asia when the airline with just two airbus A320 and one Comac ARJ21-700 introduced its first international route from Jakarta to Kuala Lumpur on April 14, 2023.

14 months later, the airline has been handpicked as one of the two foreign airlines that has received approval to start flights from the Sultan Abdul Aziz Airport, popularly known as Subang Airport in Malaysia.

The Subang Airport is coveted by many foreign airlines due to its proximity to the central business district in Kuala Lumpur mainly due its location. While it takes passengers from Kuala Lumpur and the surrounding central business district areas an average of 30 minutes to access Subang Airport, it takes more than an hour to an hour and a half to access the Kuala Lumpur International Airport (KLIA). As such, passenger generally prefer to travel through Subang Airport rather than KLIA.

Subang Airport, which was officially opened on August 30, 1965, had the longest runway in Southeast Asia at that time. However, the airport operations were moved to the current international airport, the Kuala Lumpur International Airport (KLIA) in 1998.

“The resumption of jet operations at the Subang Airport come 26 years after all narrowbody aircraft operations were moved and for TransNusa to be handpicked to start the Kuala Lumpur – Jakarta route and create history with the Malaysian Aviation team is an honour for us, more so because we are only 20 months old,” Said Datuk Bernard, who is the Group Chief Executive Officer of TransNusa.

“I am also thankful for the opportunity to be the first foreign airline to start scheduled jet aircraft operations for an international route from Subang airport. As off today, we will be the only airline offering scheduled international flights from Terminal 3, Soekarno-Hatta International Airport to Subang Airport,” said Datuk Bernard explained.

At the initial stage, TransNusa will be operating one daily scheduled flight from Terminal 3, Soekarno-Hatta International Airport to Subang Airport. The flight, 8B 699, will depart Jakarta at 04.10pm and arrive at the Subang Airport at 07.00pm while TransNusa flight, 8B 698, will depart Subang Airport at 07.30pm and arrive in Jakarta at 08.30pm. TransNusa will be utilizing its A320 narrow-body airliner, which has 174 seats, to cater for the two-hour scheduled flight, beginning August 1.

“We will be starting sale of tickets from today,” said Datuk Bernard, adding that TransNusa ticket for this route will be priced from IDR 999,000.

On the successful approval of TransNusa’s route permit for the Jakarta-Subang international route, Datuk Bernard said, “TransNusa, known worldwide for its unique business proposition as a Premium Service Carrier, has always operated with passengers’ comfort and safety in mind. As such, this new opportunity is a testament to our commitment towards enhancing services in the aviation industry.”

“As an Indonesian airline that only has been operating for 20 months, we are proud to launch a series of new daily scheduled flight to the Subang Airport,” He added.

On whether there will be any changes to TransNusa’s scheduled flights from Jakarta to Kuala Lumpur International Airport (KLIA), Datuk said that TransNusa would still continue to operate three scheduled daily flights to KLIA and four scheduled flights weekly to Johor Bharu.

TransNusa, which had to close it business operation in September 2020 due to impact of the Covid-19 pandemic on the aviation industry, started operations again after injection of new shareholders and management team in October 2022.

Within 6 months, the airline introduced its first international route between Jakarta and Kuala Lumpur and celebrated its first-year anniversary for this route on April 14, this year.

“When we re-launched TransNusa in October 2022, we started from the bottom again. We had no aircraft or roadmap to follow. Everything was new because the pandemic had broken the aviation business operations boundaries. We re-created and customised our business operations and strategy model of being the first Premium Service Carrier based on the post-pandemic scenario,” Datuk Bernard explained.

“As such, for us, being handpicked by the Malaysian Aviation Commission as the only airline to operate from the Subang Airport to offer daily scheduled flight from Jakarta is another milestone for us,” Datuk Bernard stressed.

After launching its first international route between Jakarta and Kuala Lumpur, TransNusa launched three more new international routes by the end of last year. TransNusa’s aggressive international growth strategy combined with its domestic business operations approach has enabled the airline to be the fastest growing airline in South East Asia.

In 2024, the airline does not only celebrate the first year of its operations in Kuala Lumpur but it will also be celebrating first year of operations in three other international locations that is Johor, Malaysia, Singapore and Guangzhou, China.

Since its re-launch, TransNusa became the first in the world to commission a Comac ARJ21-700. TransNusa became the second airline in Indonesia to launch a Jakarta-Guangzhou route on November 16, last year.

On the domestic front, TransNusa, in keeping with its new player, new rules character, became the first in the world to offer a direct flight between two world legendary destinations, which is Bali and Manado. This domestic route was launched in April, this year.

Media Contact
Trina Thomas Raj
Mobile: +6012 4992672
E-mail: trina@myqaseh.org

About TransNusa

TransNusa Airline, is a Premium Service Carrier. After the take-over, in February 2024, the airline rebranded itself from being a Low-Cost Carrier to a Premium Service Carrier in line with its upgraded aircrafts that offers better comfort as well as based on the flexibility and quality of the services offered. TransNusa, which received its AOC certification on 9th September 2022, launch its first three A320 operations on 6th October, 14th October and 12th December, 2022. The airline, which became the first outside of China to utilise Comac, received its first ARJ21 on 22nd December, 2022. In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline is currently based in Jakarta Soekarno-Hatta International Airport. The airline currently flies to Yogyakarta and Bali. On the international front, TransNusa flies to Singapore, Guangzhou, Kuala Lumpur and Johor. The airline became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model.Passengers can book their flights on the TransNusa website (www.transnusa.co.id), through authorized travel agents in Singapore, Malaysia and Indonesia, or by contacting the airline’s customer service centre at, +62216310888. For the Singaporean market, passengers can contact TransNusa’s General Sales Agent, Chariot Travels Pte Ltd, at +65 86602719 while for the Malaysian market, passengers can contact MKM Ticketing Travel & Tours Sdn Bhd at +60378312581.

The Malaysian Aviation Commission Handpicks TransNusa as One of Two Foreign Airlines to Launch Flights from Subang Airport

PT TransNusa Aviation Mandiri to become the first foreign airline to kickstart jet aircraft services from Subang Airport in Malaysia
TransNusa to operate daily scheduled international flights from Jakarta to Subang, starting August 1, 2024
The airline will utilise its A320 narrow-body airliner for the daily scheduled flight

JAKARTA, July 15, 2024 – (ACN Newswire) – TransNusa made headlines in Indonesia and Southeast Asia when the airline, with just two Airbus A320s and one Comac ARJ21-700, introduced its first international route from Jakarta to Kuala Lumpur on April 14, 2023.

“I am thankful for the opportunity to be the first foreign airline to start scheduled jet aircraft operations for an international route from Subang airport. As of today, we will be the only airline offering scheduled international flights from Terminal 3, Soekarno-Hatta International Airport to Subang Airport,” said Datuk Bernard, who is the Group Chief Executive Officer of TransNusa.

At the initial stage, TransNusa will be operating one daily scheduled flight from Terminal 3, Soekarno-Hatta International Airport to Subang Airport. The flight, 8B 699, will depart Jakarta at 04.10 pm and arrive at the Subang Airport at 07.00 pm while TransNusa flight, 8B 698, will depart Subang Airport at 07.30 pm and arrive in Jakarta at 08.30 pm. TransNusa will be utilizing its A320 narrow-body airliner, which has 174 seats, to cater for the two-hour scheduled flight, beginning August 1.

“We will be starting the sale of tickets from today,” said Datuk Bernard, adding that a TransNusa ticket for this route will be priced from IDR 999,000.

On the successful approval of TransNusa’s route permit, Datuk Bernard said, “TransNusa, known worldwide for its unique business proposition as a Premium Service Carrier, has always operated with passengers’ comfort and safety in mind. As such, this new opportunity is a testament to our commitment towards enhancing services in the aviation industry.”

“As an Indonesian airline that has only been operating for 20 months, we are proud to launch a series of new daily scheduled flights to the Subang Airport and play a part in making history with the Subang Airport team in Malaysia,” He said.

TransNusa, which had to close its business operation in September 2020 due to the impact of the Covid-19 pandemic on the aviation industry, started operations again after the injection of new shareholders and management team in October 2022.

Within 6 months, the airline introduced its first international route between Jakarta and Kuala Lumpur and celebrated its first-year anniversary for this route on April 14, this year.

“When we re-launched TransNusa in October 2022, we started from the bottom again. We had no aircraft or roadmap to follow. Everything was new because the pandemic had broken the boundaries of aviation business operations. We re-created and customised our business operations and strategy model of being the first Premium Service Carrier based on the post-pandemic scenario,” Datuk Bernard explained.

“As such, for us, being handpicked by the Malaysian Aviation Commission as the only airline to operate from the Subang Airport to offer daily scheduled flights from Jakarta is another milestone,” Datuk Bernard stressed.

In 2024, the airline celebrates its first year of operations in Kuala Lumpur and its first year of operations in three other international locations: Johor, Malaysia, Singapore and Guangzhou, China.

Media Contact
Trina Thomas Raj
Mobile: +6012 4992672
E-mail: trina@myqaseh.org

About TransNusa

TransNusa Airline is a Premium Service Carrier. After the take-over, in February 2024, the airline rebranded itself from being a Low-Cost Carrier to a Premium Service Carrier in line with its upgraded aircraft that offers better comfort as well as based on the flexibility and quality of the services offered.

TransNusa, which received its AOC certification on 9th September 2022, launched its first three A320 operations on 6th October, 14th October and 12th December 2022. The airline, which became the first outside of China to utilise Comac, received its first ARJ21 on 22nd December 2022. In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline is currently based in Jakarta Soekarno-Hatta International Airport.

The airline currently flies to Yogyakarta and Bali. On the international front, TransNusa flies to Singapore, Guangzhou, Kuala Lumpur and Johor. The airline became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model.

For the Singaporean market, passengers can contact TransNusa’s General Sales Agent, Chariot Travels Pte Ltd, at +65 86602719. As for the Malaysian market, passengers can contact MKM Ticketing Travel & Tours Sdn Bhd at +60 378312581.

TransNusa’s International Route Growth Strategy a Success

PT TransNusa Aviation Mandiri, which claims to be the fastest growing airline in South East Asia, has achieved its international KPI for passengers
TransNusa marked its first-year anniversary for its first international route Jakarta-Kuala Lumpur on April 14, 2024
TransNusa carries more than 200,000 passengers within 12 months of launching its Jakarta-Kuala Lumpur route

JAKARTA, June 10, 2024 – (ACN Newswire) – TransNusa made headlines when the airline with just two airbus A320 and one Comac ARJ21-700 introduced its first international route from Jakarta to Kuala Lumpur on April 14, 2023.

The airline, which had to close it business operation in September 2020 due to impact of the Covid-19 pandemic on the aviation industry, started operations again after injection of new shareholders and management team in October 2022.

Within 6 months, the airline introduced its first international route between Jakarta and Kuala Lumpur.

TransNusa Group Chief Executive Officer, Datuk Bernard Francis said, “The international growth strategy combined with our domestic business operations’ approach has proven to be successful as we have reached our international Key Performance Indicator (KPI) for passengers in our first year of operations for our Jakarta-Kuala Lumpur route. Our main KPI is based on our On-Time Performance (OTP).

“When we re-launched TransNusa, we started from the bottom again. We had no aircraft or roadmap to follow. Everything was new because the pandemic had broken the aviation business operations boundaries. We re-created and customised our business operations and strategy model based on the post-pandemic scenario,” Datuk Bernard added.

“As such, for us, the success of our first international Jakarta-Kuala Lumpur route is a milestone and brings us great satisfaction. In the past 12 months, we have assisted in providing our services to more than 200,000 passengers and we have also maintained our three times a day frequency. In addition, as per our KPI for passengers, we have also maintained our On-Time Performance (OTP) of 94 percent,” he said, explaining that airline OTP is defined as an aircraft arrival at the gate under 15 minutes of the scheduled arrival time.

On why TransNusa could not achieve a 100 per cent OTP, Datuk Bernard said there were unavoidable circumstances that delayed a number of TransNusa flights.

“Our delays were consequential and unavoidable such as weather patterns and airport disruptions as well as heavy traffic. There were times when our flight was delayed because we could land due to bad weather or heavy traffic,” Datuk Bernard elaborated.

“We understand that OTP is one of the most important factors for passengers in deciding their choice of airline. Respecting passengers time is high on our list of deliverables and to showcase our commitment towards our passengers, we have specific aircrafts dedicated to fly this route.”

Since its re-launch, TransNusa became the first in the world to commission a Comac ARJ21-700 and TransNusa became the second airline in Indonesia to launch a Jakarta-Guangzhou route on November 16, last year.

On the domestic front, TransNusa, in keeping with its new player, new rules character, became the first in the world to offer direct flights between two world legendary destinations, which is Bali and Manado. This domestic route was launched in April, this year.

Media Contact
Trina Thomas Raj
Mobile: +6012 4992672
E-mail: trina@myqaseh.org

About TransNusa

TransNusa, which received its AOC certification on 9th September 2022, launch its first three A320 operations on 6th October, 14th October and 12th December, 2022. The airline, which became the first outside of China to utilise Comac, received its first ARJ21 on 22nd December, 2022. In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline is currently based in Jakarta Soekarno-Hatta International Airport.

On the international front, TransNusa flies to Singapore, Guangzhou, Kuala Lumpur and Johor. The airline became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model.

Passengers can book their flights on the TransNusa website (www.transnusa.co.id), through authorized travel agents in Singapore, Malaysia and Indonesia, or by contacting the airline’s customer service centre at, +62216310888. For the Singaporean market, passengers can contact TransNusa’s General Sales Agent, Chariot Travels Pte Ltd, at +65 86602719 while for the Malaysian market, passengers can contact MKM Ticketing Travel & Tours Sdn Bhd at +60378312581.

TransNusa Launches Five New Direct Domestic Flights

PT TransNusa Aviation Mandiri implements domestic strategy that coincides with Indonesian Government’s push for increase in air connectivity within tourism destinations
TransNusa introduces five new scheduled direct flights to boost connectivity to Manado, Sorong, Ambon, and Timika
TransNusa focuses on high potential tourism destinations to offers domestic and foreign tourists ease in travel to world renown diving destinations Manado and Raja Ampat, Sorong; the Island of Spices, Ambon and the world largest gold mining island, Timika

JAKARTA, Apr 1, 2024 – (ACN Newswire) – TransNusa has taken a bold move in introducing five new domestic routes to boost domestic and foreign tourism spending and travel. Ticket sale for the five routes started last week while flight for the new domestic routes will begin between April 1 and April 19, depending on TransNusa’s scheduled timeline.

The new five routes are renowned Bali to world’s diving paradise Manado; Manado to the home of world’s richest coral reef and rare marine species, Raja Ampat, Sorong; Manado to Indonesia’s Island of Spices, Ambon; Sorong to Ambon and Sorong to Timika, home to the Jaya Wijaya mountain, which is the highest peak in Indonesia.

TransNusa Group Chief Executive Officer, Datuk Bernard Francis said that increasing air connectivity within tourism destinations is part of the Indonesian Government’s Eight Strategic Steps in boosting national tourism performance.

“We would like to play our part in boosting and increasing air connectivity within tourism destinations in the country to assist the Government realise its tourism development plans. Our focus is in increasing direct flight to destinations that has high potential and is world renowned for its unique and stunning landscape and natural offerings,” he said, adding that Indonesia has more than 17,000 islands that boosts it own stunning and vibrant panoramas.

TransNusa, in keeping with its new player, new rules character, has yet again implemented a strategy that allows the airline to become the first in the world to offer a direct flight between two world legendary destinations, Bali and Manado. The TransNusa flight will depart Bali from the Denpasar International Airport at 01.40am and arrive at Sam Ratulangi International Airport, Manado at 04.05am. The return flight will depart Manado at 05.45 and arrive in Bali at 08.25am. The scheduled direct flight will begin on Tuesday, April 2. TransNusa will be flying the round-trip route three times weekly from Bali and Manado on Tuesday, Thursday and Saturday.

TransNusa’s flight from Manado to Sorong will depart Manado from Sam Ratulangi International Airport and arrive at the Domine Eduard Osok Airport, Sorong. TransNusa will fly this round-trip route 11 times weekly. It has daily scheduled direct flight as well as one additional scheduled direct flight on Monday, Wednesday, Friday and Sunday. The daily scheduled direct flight will depart Manado at 09.00am and arrive at Sorong at 11.20am. While the second scheduled direct flight will depart Manado at 16.10pm and arrive at Sorong at 18.20pm while scheduled flight from Sorong to Manado will depart at 11.45am and arrive at 12.10pm. The additional scheduled flight will depart Sorong at 16.00pm and arrive in Manado at 16.20pm. The daily round-trip scheduled direct flights will begin on Friday, April 5 while the additional round-trip direct scheduled flight will begin from Manado on Wednesday, April 17 and from Sorong on Thursday, April 18.

On reasons behind the introduction of the above new route, Datuk Bernard said, “Raja Ampat in Sorong is Indonesia best kept secret. According to the National Geography Channel, Raja Ampat is the epicentre of marine biodiversity in the planet and is the world’s stronghold of healthy coral reefs. As such, it was only natural for TransNusa to introduce a direct flight from Manado to Sorong, in an effort to encourage and increase domestic and foreign tourism within the two destinations.”

BREATHTAKING SCENARIES AT RAJA AMPAT, SORONG

Meanwhile, TransNusa’s flight from Manado to Ambon will depart from Sam Ratulangi International Airport at 12.40pm and arrive at the Pattimura International Airport, Ambon at 14.50pm. The daily scheduled flight will depart Ambon at 15.15pm and arrive at Manado at 15.40pm. TransNusa’s daily scheduled direct flights for this round-trip route will begin on Friday, April 5.

“Ambon, known as the Island of spices, is also gateway to Banda Islands, Seram Island and even the Kei Islands. In addition, Ambon has some of the most pristine beaches and has an incredible natural landscape with sandy beaches and crystal-clear water,” said Datuk Bernard, adding that TransNusa will have daily scheduled flights to Ambon from not on Manado but also Sorong.

TransNusa’s flight from Sorong to Ambon will depart from the Domine Eduard Osok Airport at 09.00am and arrive at the Pattimura International Airport, Ambon at 10.00am. The TransNusa flight will depart Ambon at 10.25am and arrive at Sorong at 11.25am. The daily round-trip flight will begin on Thursday, April 18.

Meanwhile, on the Timika route, Datuk Bernard said, “Timika, where the 7th highest mountain in the world is located, is not only a tourist destination but also home to many who work at the Timika Gold mine. The dual demand for flight to Timika makes it a high potential but underserved market.”

TransNusa’s flight from Sorong to Timika will depart Sorong from Domine Eduard Osok Airport at 12.10pm and arrive at the Mozes Kilangin Internatioal Airport at 13.30pm. The TransNusa flight will depart Timika at 13.55pm and arrive at Sorong at 15.15pm. TransNusa will offer daily scheduled flights for this route starting Thursday, April 18.

Since the injection of new shareholders and management team in 2022, TransNusa has been implementing innovative and creative strategies as well as introducing new routes aggressively. The airline became a Premium Service Carrier and became Indonesia’s second airline to introduce flight to China from Jakarta last year. In the same year, TransNusa launched its maiden international flight to Kuala Lumpur, Malaysia and within the subsequent eight months, it successfully launched three new international routes.

Media Contact
Trina Thomas Raj
Mobile: +6012 4992672
E-mail: trina@myqaseh.org

About TransNusa

CALC Announces 2023 Annual Results

HONG KONG, Mar 19, 2024 – (ACN Newswire) – China Aircraft Leasing Group Holdings Limited (“CALC” or the “Company”, together with its subsidiaries, the “Group”; SEHK stock code: 01848), a full value chain aircraft solutions provider for the global aviation industry, is pleased to announce its annual results for the year ended 31 December 2023 (the “Review Year”).

Results Highlights

— Steady revenue growth For the Review Year, the Group’s total revenue amounted to HK$4,763.7 million, up 14.2% year-on-year. (2022ï¼šHK$4,171.0 million).

— Adj. profit attributable to shareholders surged by four times Profit attributable to shareholders of the Company for the Review Year was HK$28.3million. If exceptional item was excluded, adjusted profit attributable to shareholders(1) of the Company for the Review Year should have reached HK$184.9 million, significantly grew by four times year-on-year.

— The Board has recommended payment of a final dividend of HK$0.15 per ordinary share. Together with the 2023 interim dividend of HK$0.15 per share already paid, total dividend payout for the year 2023 amounted to HK$0.30 (2022: HK$0.30 per share). The Company has resumed its scrip dividend scheme for the final dividend for 2023.

— Enlarged and optimized global presence with excellent rental collection ratio During the Review Year, the Group has extended its footprint to the Central Asian, African and Oceania market. Among all the new deliveries, 13 aircraft were leased to overseas airlines and 8 were leased to Chinese airlines, including cooperation with 6 first-tier airlines in new aircraft leasing for the first time. The Group’s rental collection ratio was 101.4% benefiting from an overall improvement for its customer profile.

— Smooth overseas operation of the Group’s ARJ21 fleet The Indonesian carrier TransNusa (“TransNusa”) as the Group’s associate company completed its debut commercial flight for its first ARJ21, received its second ARJ21 jet and launched multiple popular routes with total passengers carried exceeding 100,000 for the whole year.

— Developing green financing During the Review Year, the Group’s total new financing facilities obtained amounted to HK$24 billion. The Group launched the first sustainability-linked aircraft pre-delivery payment (“PDP”) syndicated loan in the global aircraft leasing industry; issued the first and second trenches of low-carbon transition corporate bonds of RMB1.5 billion and RMB500 million, respectively in 2023.

Business Review

Prudent fleet management, enlarged and optimized global clientele

— During the Review Year, the Group delivered a total of 21 new aircraft to airline customers, with a majority of new-generation fuel-efficient models, including its first two B737 Max aircraft taken from Boeing. The Group also injected one aircraft to its investment vehicle and sold a total of fouraircraft to third party.

— As at 31 December 2023,CALC’s fleet has increased to 192 aircraftï¼Œincluding 165 owned and 27 managed aircraft. By number of aircraft, 90% of the Group’s owned fleet were narrow-body models, a highly liquid asset class.

— During the Review Year, CALC celebrated the 10th anniversary of its cooperation with the long- term strategic partner Airbus. CALC is the 6th largest lessor customer for Airbus in terms of accumulated orders. As at 31 December 2023, the Group had a total of 141 aircraft on backlog, including 113 Airbus A320NEO and 28 COMAC ARJ21.

— During the Review Year, the Group continued to maintain its leading position in the China market. As at 31 December 2023, by number of aircraft, 71.5% of the Group’s owned fleet were leased to Chinese airline customers (including Hong Kong, Macau and Taiwan), most of which were first-tier airlines with strong financial strength.

— During the Review Year, a total of 34 letters of intent for aircraft leasing was signed with overseas airline customers. Among all the new deliveries during the year, 13 were leased to overseas airlines and 8 were leased to Chinese airlines, including cooperation with 6 first-tier airlines in new aircraft leasing for the first time. As at 31 December 2023, CALC’s owned and managed aircraft were on lease to 41 airlines in 20 countries and regions.

Developing green financing and improving international credit ratings

— During the Review Year, the Group obtained new financing facilities in excess of HK$24 billion, including aircraft project loans, PDP financing, working capital facilities, RMB bonds, etc. As at 31 December 2023, the Group had cash and cash equivalents amounting to HK$5,300 million up 49.1% year-on-year.

— During the Review Year, CALC launched the first sustainability-linked aircraft PDP syndicated loan in the global aircraft leasing industry with an initial size of US$350 million. CALC also completed its first and second tranche of low-carbon transition corporate bonds issuance in 2023 with the amount of RMB1.5 billion and RMB500 million, respectively, demonstrating investors’ full recognition of the Group’s operational strength and its commitment to sustainable operations.

— During the Review Year, the Group took the initiative to manage its liabilities by completing the repurchase of the full valid principal for two outstanding USD bonds around US$50 million. In December 2023, the Group also completed the redemption of the principal amount of US$100 million perpetual bonds.

— During the Review Year, Fitch affirmed CALC’s Long-Term Issuer Default Rating at BB+, while Moody’s affirmed the Company’s Corporate Family Rating at Ba1, both with a stable outlook. China Asset Leasing Company Limited as the Group’s wholly-owned subsidiary received an AAA issuer rating from Dagong Global and an upgrade to AAA rating from CCXI, both with a stable outlook.

— The Group has set upgrading its international credit rating as one of its key development targets at this stage. In the future, the Group will continue to actively expand multiple financing channels and increase its unsecured financing, optimizing its debt structure, moving towards to the international investment grade.

Moving towards a sustainable future

— During the Review Year, the Group continued to promote the healthy development of TransNusa, following the completion of the debut flight of its first ARJ21 aircraft in April, the Group has delivered another ARJ21 aircraft to the carrier. With its successful launch of several popular routes to Bali, Yogyakarta, Kuala Lumpur and Johor Bahru of Malaysia during the year, TransNusa has carried more than 100,000 passengers in total in 2023.

— During the Review Year, the Group was awarded the “Sustainability Debt Deal of the Year” by Airline Economics in recognition of the Company’s pioneering ESG practices by issuing the first- ever low-carbon transition bond in China’s aviation market, reflecting the Group’s commitment to move towards a sustainable future through innovative transactions.

Mr. Mike Poon, Executive Director and CEO of CALC said, “Following several positive adjustments in 2023, the global aviation industry is poised to a new round of growth, driven by strong demand rebound and improved airline profitability, along with enormous development opportunities emerged. At the same time, we believe that the USD interest rate has reached its peak, and the rate cut cycle is expected to start in 2024, which shall help reduce market capital costs and speed up the recovery of the aircraft trading market. In the face of such an accommodative market, CALC will continue to seize business opportunities arising from the rapid recovery of global markets and the trend towards greener aviation, while strengthening its capabilities in providing comprehensive fleet upgrade services.

Mr. Conrad Li, Executive Director and Chief Financial Officer of CALC added, “Additionally, the Group will actively explore market interest in aircraft assets while continue to capitalize on a strong trading market and further enhance our credit profile through continuous optimization of our financial structure. For the coming year, we have full confidence to maintain CALC’s long-term sustainable and favorable growth, striving to become an international investment-grade company yet continuing to explore market opportunities for business expansion, creating better value for our shareholders and investors.”

(1) Figures adjusted by excluding exceptional and non-cash item related to impairment on CAG project to better reflect the company’s performance.

About CALC

China Aircraft Leasing Group Holdings Limited (“CALC”) is a one-stop aircraft full value-chain solutions provider for global airlines. The businesses and subsidiaries of the Group are engaging in two main businesses of new aircraft leasing and aircraft aftermarket services. CALC’s scope of business includes conventional businesses such as aircraft operating leasing, purchase and leaseback, and structured financing, as well as value-added services such as fleet planning, fleet upgrade, aircraft disassembling and component sales. CALC is one of the world’s top 10 aircraft lessors in terms of the combined asset value of fleet and order book, according to ICF International.

CALC is listed on the Main Board of the Stock Exchange of Hong Kong Limited (“SEHK”) (Stock code: 01848.HK) as the first aircraft leasing company in Asia in July 2014. CALC is currently a MSCI China Small Cap index.

TransNusa Rebrands as Premium Service Carrier Globally

JAKARTA, Feb 19, 2024 – (ACN Newswire) – TransNusa Airline, a subsidiary of Linkasia Airlines Group and PT Panca Global International Indonesia, has rebranded itself as a Premium Service Carrier globally.

TranNusa was established in 2005 and stopped operation in 2020 due to the global pandemic. TransNusa was then sold and saw the injection of new shareholders and a new management team in 2022. The new shareholders include PT Panca Global International Indonesia (51%) and Sinagpore-based Linkasia Airlines Group Ltd (49%).

The new management team in TransNusa developed a unique business model that allowed the airline to rebrand itself as a Premium Service Carrier.

TransNusa Group Chief Executive Officer, Datuk Bernard Francis, who was instrumental to developing the airline’s customised business plan and growth path, said that TransNusa has become the fastest growing airline in South East Asia due to the business plan that was developed and implemented swiftly post Covid-19.

“Post Covid-19, we initiated an intensive market research. Based on the data obtained, we knew that traveller’s behavioural pattern had changed, specifically due to the pandemic. Our next step was to develop a customised business model for the targeted passengers. We implemented the business model on April 14th, with the launch of our first maiden international flight,” said Datuk Bernard, adding that the airline has flown over 1 million passengers from October 2022 to December 2023.

“We want to offer our domestic and international passengers’ greater comfort and flexibility, hence the decision to rebrand ourselves globally,” Datuk Bernard said, adding that TransNusa is also the fastest growing airline to expand operation to include international routes.”

In April last year, in line with the new business model expansion plan, TransNusa expanded its reach from domestic to international with the launch of its Jakarta – Kuala Lumpur route. Subsequently in the same year, in a short span of eight months, the airline also launched 3 new routes, which were Jakarta-Singapore, Jakarta-Guangzhou and Jakarta-Johor.

The new player with new rules, today announced that it has rebranded itself as a Premium Service Carrier in the domestic as well as international markets.

An aviation industry expert, who specializes in airline turnaround and revenue management, Datuk Bernard, said that TransNusa has increased its flight frequencies to seven times a week to Singapore, Guangzhou, Guangdong, China and Johor Baru, Malaysia.

TransNusa has also increased its flight frequencies to 21 times weekly to Kuala Lumpur, 14 times weekly to Yogyakarta and 35 times weekly to Bali.

“Last year, we expanded our operations to include international routes and even became the second Indonesian airline to fly into China. We also managed to obtain all necessary approvals in a short timeframe from world-class Changi airport, reflecting the strong commitment we have towards safety, security, maintenance and aircraft performance measures,” Datuk Bernard said, adding that TransNusa also became the first airline outside of China to commission and utilise the Comac ARJ21-700.

On the airline’s future expansion, Datuk Bernard said “We have plans to further expand our international routes and we want to assist more passengers travel with ease to their destinations,” adding that he expects TransNusa to experience a significant growth in 2024.

On the domestic front, Datuk Bernard explained that as part of its domestic growth plans, TransNusa intends to establish another domestic hub.

“For the first two quarters, we hope to expand our domestic routes as well as establish another domestic hub,” Datuk Bernard added, explaining that TransNusa will be providing its domestic market with premium services that will set it apart from Low-Cost Carriers.

“Since the take-over, TransNusa has been aggressively implementing plans that sets the airline apart from other Low-Cost Carriers through the comfort and flexibility offered as a Premium Service Carrier,” Datuk Bernard said, stressing that TransNusa’s current services exceeded that of a low-cost airline.

“For our domestic and international flights, we not only provide premium services with competitive ticket prices in comparison to other low-cost airlines, but we have attractive new product bundles called SEAT, SEAT-PLUS and FLEXI-PRO.

“Our passengers will enjoy check-in baggage of between 15kgs to 30 kgs, depending on the product purchased,” Datuk Bernard said, explaining that the baggage offering was over and above the 7kgs limit offered as a passenger’s hand carry.

“For the highest package, FLEXI-PRO, we provide more complete services such as free baggage 30kgs, free to choose seats, free food, and drinks, priority at check-in and boarding, no less interesting is passengers’ ability to be able to change the flight schedule without restrictions and obtain refund when needed.”

TransNusa, which aims to ensure their passengers travel with ease and comfort, has also configured their A320s with a 168-174 seat configuration, which allows for passengers to enjoy 30-31 inches of legroom, comparable to the experience passengers would get in a full-service airline.

“We are committed to providing affordable and competitive ticket prices, while still providing premium services to our customers.” concluded Datuk Bernard.

“We have also ensured that all our flights will be departing and arriving at only major international airports. This allows our passengers to enjoy the world-class services offered at the international terminals,” said Datuk Bernard, elaborating that TransNusa aims to offer their passengers a great experience on and off their flights.

About TransNusa

TransNusa Airline, which became a subsidiary of PT Panca Global International Indonesia (51%) and Linkasia Airlines Group Ltd (49%) in November 2021, is a Premium Service Carrier. After the take-over, in February 2024, the airline rebranded itself from being a Low-Cost Carrier to a Premium Service Carrier in line with its upgraded aircrafts that offers better comfort as well as based on the flexibility and quality of the services offered. TransNusa, which received its AOC certification on 9th September 2022, launch its first three A320 operations on 6th October, 14th October and 12th December, 2022. The airline, which became the first outside of China to utilise Comac, received its first ARJ21 on 22nd December, 2022. In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline is currently based in Jakarta Soekarno-Hatta International Airport. The airline currently flies to Yogyakarta and Bali. On the international front, TransNusa flies to Singapore, Guangzhou, Kuala Lumpur and Johor. The airline became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model. Passengers can book their flights on the TransNusa website ( www.transnusa.co.id ), through authorized travel agents in Singapore, Malaysia and Indonesia, or by contacting the airline’s customer service centre at, +62216310888. For the Singaporean market, passengers can contact TransNusa’s General Sales Agent, Chariot Travels Pte Ltd, at +65 86602719 while for the Malaysian market, passengers can contact MKM Ticketing Travel & Tours Sdn Bhd at +60378312581.

Media Contact
Trina Thomas Raj
Mobile: +6012 4992672
E-mail: trina@myqaseh.org

Jet2.com Partners With IWG, Installing Pre-Select to Support Aircraft Weight and Emissions Reductions

SURREY, BC, Jan 4, 2024 – (ACN Newswire) – International Water-Guard Industries, Inc. (IWG) and Jet2.com have entered into an agreement to install IWG’s patented “Pre-Select” Intelligent Water Quantity System on 52 B737-800 NG aircraft, making Jet2.com the first airline in Europe to use the product.

International Water-Guard Logo

Jet2.com has chosen the IWG Pre-Select system, which enables operators to accurately manage the amount of potable water carried based on data of actual usage from IWG’s proprietary system, providing weight and jet fuel savings. IWG’s Pre-Select is Transport Canada, FAA, and EASA approved, with STCs for Boeing’s 737NG and the MAX -8 and -9 aircraft and installations completed in Canada, Europe, and the Americas.

“The IWG Pre-Select System provides immediate fuel and carbon savings by reducing aircraft weight through effective water management. Through trials with airlines, IWG has compiled a sizeable amount of data supporting the efficiencies gained through Pre-Select, and we are pleased to have Jet2.com become the first airline in Europe to take advantage of our product to help meet their operational goals and reduce emissions from flight,” said Steven Bis, President and CEO of IWG.

“We are thrilled to partner with Jet2.com as our Pre-Select launch customer in Europe. Potable water management provides a tremendous return on investment and supports Jet2’s sustainability strategy. Pre-select reduces aircraft weight as much as 180kg, 400lbs on each flight, providing a reduction in fuel required and carbon emissions. We look forward to further enhancing our systems and working together to support Jet2.com’s specific requirements as well as installations with their additional fleet types,” added Larry Morasch, Director of Sales with International Water-Guard.

Chris Hubbard, Director of Engineering & Maintenance at Jet2.com, said: “Travel and tourism is a force for good and, like all industries, we know how critical it is to reduce our climate impacts. We have already taken a number of tangible actions on our journey to Net Zero, and we are very pleased to be the first European airline to partner with IWG and install the Pre-Select system, which will help us achieve weight reduction benefits to further support that journey.”

About IWG

Based out of British Columbia, Canada, International Water-Guard (IWG) has been helping commercial and business aircraft worldwide to improve the quality of the onboard water system, protecting both passengers and crew from the risk of waterborne illnesses, and providing exceptional components to enhance the capability of OEM installed water systems. IWG is a leading provider of flight-certified potable water treatment units, on-demand water heaters, and innovative weight-reduction water components and systems. As a Transport Canada-approved organization with numerous U.S. and Canadian Supplemental Type Certificates to its credit, IWG has the aviation experience to design, certify, and deliver the finest potable water treatment solutions.

Visit www.water.aero.

About Jet2.com

Jet2.com is the UK’s third largest airline, providing leisure flights from the UK to sun, ski and leisure city destinations across the Mediterranean, Canary Islands and Europe.

Contact Information

Lucrecia Leon
Marketing Manager
lleon@water.aero
604 255 5555

Steven Bis
President and CEO
sbis@water.aero
604 255 5555

David J. Pohl
Director of Strategic Development
dpohl@water.aero
604 255 5555

Larry Morasch
Director of Sales
lmorasch@water.aero
253-988-4682

SOURCE: International Water-Guard

View the original press release on newswire.com.

TransNusa to Introduce Four New International Destinations in 2024

JAKARTA, Dec 20, 2023 – (ACN Newswire) – South East Asia’s first premium service airline, PT TransNusa Aviation Mandiri, is further strengthening its presence in China by increasing the frequency of its scheduled flights in Guangzhou from the current three times weekly to seven times weekly.

LEADING TOWARDS A SUCCESSFUL INTERNATIONAL EXPANSION … TransNusa Group CEO, Datuk Bernard Francis

This announcement comes barely a month after TransNusa made history by becoming Indonesia’s second airline to successfully launch scheduled flights to Guangzhou. TransNusa introduced scheduled flights to Guangzhou on November 16, this year. Scheduled flights depart Terminal 3 Soekarno – Hatta International Airport at 18.10 pm on Monday, Wednesday, and Friday and arrive at 12.10 am at Guangzhou Baiyun International Airport. Flights from Guangzhou depart at 01.25 am on Tuesdays, Thursdays, and Saturdays and arrive in Jakarta at 5.40am.

Today, TransNusa increased the frequency of its scheduled flights for this route from three times weekly to daily flights.

TransNusa has been consistently achieving milestones since the introduction of a new top management led by Datuk Bernard Francis. The airline, which introduced its first international flight on April 14, this year, has launched four new international destinations in a short span of eight months, expanding its wings from South East Asia to the Asia Pacific region.

TransNusa Group Chief Executive Officer, Datuk Bernard Francis attributes the airlines successes and accelerated growth to their customised business model and the vastly experienced management team.

“Due to our diligent team, we have managed to not only increase our scheduled flight frequency to Guangzhou but also introduce two new Chinese dishes in our menu, which are wonton noodles and Yongchow fried rice set meals,” said Datuk Bernard, adding that to enhance passenger comfort, TransNusa also has blankets for sale on their Jakarta – Guangzhou flight.

“For passenger ease, we have established our own customer call center in Canton, in addition to our call center in Jakarta,” Datuk Bernard explained.

On what to expect of the airline in 2024, Datuk Bernard said that the airline is planning to introduce three to four new international destinations.

“Next year, we plan to focus on destinations in the Asia Pacific region as well as further strengthen our presence in the Singaporean and Malaysian markets,” said Datuk Bernard, adding that on the domestic front, TransNusa passengers can look forward to the revival of targeted routes in Nusantara.

For the Jakarta – Guangzhou route, the premium service provider, deployed its Airbus A320, ensuring that its passengers have a comfortable shuttle throughout the 5-hour journey. TransNusa’s A320s have been configured with a 174-seat configuration, which allows passengers to enjoy 30-31 inches of legroom.

“The services we offer for our international flights are above the service level of a low-cost carrier. As such, the flying experience with TransNusa to international destinations will differ from flying with the airline on domestic routes since TransNusa operates as a low-cost airline in the domestic market.” Datuk Bernard concluded.

About TransNusa

Established in 2005, TransNusa started its operation by providing chartered flights. It began its commercial flights in 2011. After ceasing operations due to the Covid-19 pandemic, TransNusa relaunched itself in 2021 as a low-cost airline in its domestic market. In 2023, TransNusa introduced a new business model making it the first Premium Service Airline in the region. The new business model will apply only to its international routes. TransNusa introduced its first international route, Jakarta – Kuala Lumpur, in April this year and its second international route Jakarta-Johor, in September, this year.

The airline is currently based in Jakarta Soekarno-Hatta International Airport. Passengers can book their flights on the TransNusa website, transnusa.co.id, through authorized travel agents in Indonesia, or by contacting the airline’s customer service centre at, +62216310888.

AJ Issenman Joins AELF FlightService as Director of Capital Markets

CHICAGO, IL, Dec 4, 2023 – (ACN Newswire) – AELF announced today that it has welcomed Alexander “AJ” Issenman to the company as Director of Capital Markets. Issenman joins AELF from Seabury Capital, where he served as a Director at Seabury Capital Management focusing on merchant banking and capital markets transactions across the aviation, aerospace and defense sectors within the merchant banking and capital markets group.

“We are grateful to add AJ to our team as we seek to broaden the reach of our leasing business,” said Victoria Ricks, spokesperson for AELF. “AJ’s background and experience make him a great addition to the strategic growth of our portfolio of leased aircraft.”

AELF owns and leases a fleet of A330s which include a mix of high-density seating, dual-class seating, and light cargo configurations. This year the company has begun expanding its investment in 737-800s.

“I’m eager to get into the market with all that AELF has to offer,” said Issenman. “The company’s unique capabilities, creative and nimble approach, offer a lot to airlines and other partners in the industry. I’m excited by all that can be achieved in this new role.”

AELF reports it will seek to put capital resources to work with the acquisition of aircraft subject to lease. “For several years we have focused on acquiring dormant aircraft and sourcing new lessees. With AJ coming aboard, we’re expanding our focus, and leveraging the experience of our team and Board,” Ricks said.

“With significant available capital resources and comfort in acquiring “stub leases” or dormant aircraft, AELF is a perfect partner for fleet phase outs or the sale lease back of a specific aircraft type from an airline’s fleet plan,” Issenman said.

About the AELF Group

Aircraft Engine Lease Finance Inc. (“AELF”), which also conducts business as AELF FlightService, is an experienced leader in commercial aircraft leasing, finance, and air transport solutions for cargo and passengers. AELF is also a shareholder in widebody ACMI operator MalethAero AOC Limited. The group offers a full spectrum of services ranging from long-term operating leases, sale leasebacks and finance sales, as well as short and long-term ACMI contracts. It is unique in its ability to offer wet-to-dry leasing arrangements that enable airlines to test out new routes under Maleth’s operation before embarking on a dry lease with AELF, and unique ACMI partnerships allowing lessors to put their dormant aircraft into revenue service temporarily or long-term, among other custom solutions. Learn more at AELF-FlightService.com. For the latest updates, follow us on LinkedIn, and Instagram.

Contact Information
Helena Padilla Siles
Communications Manager
hpadillasiles@aelf-flightservice.com

MOU Partnership Signed between Organisers of Bali International Airshow and Angkasa Pura I

DENPASAR, Indonesia, Dec 1, 2023 – (ACN Newswire) – A Memorandum of Understanding (MOU) has been signed between Indonesian state-owned enterprise PT Angkasa Pura I I Gusti Ngurah Rai International Airport – Bali and PT Inaro Tujuh Belas for the use of Ngurah Rai International Airport facilities for Bali International Airshow. This MOU and partnership will allow Bali International Airshow organisers, PT Inaro Tujuh Belas, to utilise the hangar and south apron of Ngurah Rai Bali International Airport as the official venue for Bali International Airshow 2024.

Mr. Jodi Mahardi (Deputy of Maritime and Energy Sovereignty Coordination, Coordinating Ministry of Maritime Affairs and Investment of the Republic of Indonesia), Mr. Andy Wismarsyah (President Director of PT Inaro Tujuh Belas), Mr. Handy Heryudhitiawan (General Manager of I Gusti Ngurah Rai International Airport) and I Kadek Mudarta. [L-R]

With the potential and necessity for air transport in Indonesia as an archipelago, Bali International Airshow is expected to utilise this opportunity to continuously grow until the foreseeable future. This will render Bali International Airshow the ability to develop into a must-attend event in the global airshow calendar.

The partnership between both parties was signed off between Mr. Handy Heryudhitiawan, the General Manager of I Gusti Ngurah Rai International Airport and Mr. Andy Wismarsyah, the President Director of PT Inaro Tujuh Belas on 28 November at the General Aviation Terminal (GAT) South Apron of I Gusti Ngurah Rai International Airport. The MOU signing ceremony was witnessed by Mr Jodi Mahardi, the Deputy of Maritime and Energy Sovereignty Coordination, Coordinating Ministry of Maritime Affairs and Investment of the Republic of Indonesia. Also in attendance were Mr Renaud Hamaide (Chairman and CEO of Comexposium), Ms Elaine Chia (CEO Asia Pacific Comexposium), Danny Budiharto (Chairman of Amara Group) and Seno Damono (COO of PT Inaro Tujuh Belas).

“As we edge closer to the 2024 Bali International Airshow to be held in September 2024, this important milestone highlights a big step in the preparations for the event. This MOU also highlights great support for the airshow by various government bodies, including PT Angkasa Pura I,” said Mr. Wismarsyah.

The Bali International Airshow 2024 is a collaborative endeavour involving the whole of Indonesia government, comprised of Indonesian Ministries and government agencies which include the Coordinating Ministry for Maritime and Investment Affairs, the Ministry of Defence, Ministry of Tourism and Creative Economy, Ministry of Transportation, Ministry of State-Owned Enterprise, Indonesian Air Forces, and PT Angkasa Pura I.

“The MOU between PT Angkasa Pura I and PT Inaro Tujuh Belas becomes a momentum to ensure the readiness of the preparations for Bali International Airshow next year. We, as the airport manager, will ensure this event can happen smoothly alongside ongoing flight operations. This will also be a great opportunity to introduce Indonesia at the global stage to participants who will be attending the airshow as delegates and visitors, and we are proud to be a part of it,” added Mr. Heryudhitiawan.

The Bali International Airshow is Southeast Asia’s premier exposition for aerospace, aero technology, and defence, dedicated to propelling Indonesia to the forefront of the regional aerospace industry. This prestigious event will serve as a pivotal platform that unites diverse industry stakeholders to champion innovation in aerospace across Southeast Asia and Indonesia.

Hosted by the Coordinating Ministry for Maritime and Investment Affairs, the Ministry of Defense and the Ministry of Transportation, and supported by the Ministry of Foreign Affairs, the Ministry of Tourism and Creative Economy, the Indonesian Air Forces (TNI AU), PT Angkasa Pura I, AirNav Indonesia and the Ngurah Rai International Airport Authorities, the Bali International Airshow signifies Indonesia’s unwavering commitment to excellence in the aerospace sector.

The event will encompass a total area of 85,000 sqm, consisting of a static aircraft display area covering more than 70,000 sqm and an exhibition hall spanning approximately 14,000 sqm.

The event will also bring together more than 300 participating companies and more than 100 hosted delegations from over 35 countries and regions, and will also have 10 country pavilions on display.

MEDIA CONTACTS:
Jose Raymond
M: +6591478040
E: jose.raymond@swstrategies.org

About Bali International Airshow

The Bali International Airshow 2024 aims to be Southeast Asia’s most eminent international exposition for aerospace, aero technology, and defense. With a dedicated focus on propelling Indonesia to the forefront of the regional aerospace industry, this prestigious event serves as a pivotal platform that unites diverse stakeholders within the industry, championing aerospace innovation in Southeast Asia and Indonesia.

Hosted by The Coordinating Ministry for Maritime and Investment Affairs, the Ministry of Defense and the Ministry of Transportation and supported by the Ministry of Foreign Affairs, Ministry of Tourism and Creative Economy, Indonesian Air Force (TNI AU), and Ngurah Rai International Airport Authorities, the Bali International Airshow 2024 is a collaborative effort that signifies Indonesia’s commitment to excellence in the aerospace sector. The Bali International Airshow 2024 is scheduled to take place from September 18 to 21, 2024. For more information, visit www.BaliAirshow.com