China’s Avic Aircraft is establishing another airline to operate its own products. A subsidiary, Xi’an Aircraft International, has agreed with Anhui provincial government companies and Okay Airways to create Anhui Airlines, which within 10 years will operate 50 MA60s and MA600s, Chinese updates of the Antonov An-24. The Avic aircraft-making conglomerate already partly owns Joy Air, another MA60 operator. Airframer Comac has invested in Chengdu Airlines, which in turn has ordered ARJ21 aircraft from Comac.

Low-cost carrier Tiger Airways has promised Singapore Changi Airport that it will grow its Singaporean fleet from 10 to 12 aircraft by March 2011 to support expanding operations. The airline, which carried 4.9 million passengers in the 12 months to March 31, up 54% from the previous year, has also made a commitment to further increase its traveler numbers and add new routes and flights out of Singapore.

SIA Engineering Co. has posted a 12.8% increase in profits to S$73.9 million ($53.5 million) for the fourth quarter to March 31, reversing three quarters of falling earnings. Revenue for January to March grew 10.9% to S$272.6 million, primarily thanks to the company's fleet management program and airframe and component overhaul work, while expenditure was 5.6% higher at S$231.4 million. For the full year, the Singapore Airlines subsidiary reported a profit of S$236.1 million, 9.4% lower from a year earlier.