Bradley Perrett covered China, Japan, South Korea and Australia. He is a Mandarin-speaking Australian.
Before joining Aviation Week in 2006 he was a macroeconomics, politics and aerospace journalist with Reuters. Perrett holds a bachelor’s degree in law from Macquarie University, Sydney. He left Aviation Week in 2020.
Singapore Airlines is disposing of its ground service company, Singapore Air Terminal Services. But the airline is not selling the business, in contrast to carriers elsewhere that have scrambled to raise cash through asset sales. Comfortable with its cash position, Singapore Airlines is instead handing its stake in Singapore Air Terminal Services to its shareholders, allotting stock in proportion to their stakes in the airline.
The Royal Australian Navy is likely to move this year to replace its combat helicopter force, and must decide whether it wants commonality with the Australian Army or the U.S. Navy.
BOC Aviation, having swooped into the sale-and-leaseback market in December, has readied more than $1 billion in capital from its Chinese parent to buy additional aircraft from airlines late this year. Good market timing as well as the backing of the Bank of China has given the lessor a rare ability to execute such deals amid the financial crisis, expanding its business as others struggle.
