Unlike China's civil aviation transportation market which has significantly slowed down in the wake of global economic crisis, China's aviation MRO market maintains its strong growth momentum in 2009 and will surely continue its rapid ascent. China is emerging as the 'big driver' behind the growth in aircraft maintenance, repair and overhaul (MRO) business globally. By 2010, China's MRO market will represent 5% of the world's total or 1/3 of all Asian MRO activity.

The summit will cover the practical issues include Government Policies and Market Trends, Aviation MRO Cost Control, Aviation Material Management, MRO Manpower Management.

20+ honorable speakers are Engineering Directors from CAAC, AMECO, KLM Royal Dutch Airlines, China Southern Airlines, Delta Air Lines, GAMECO, Southwest Airlines, Chang'an Airlines, Hainan Air, Shandong Air, Malaysia Airlines, Spring Airlines, China Airlines, Turkish Technic, American Airlines, China East Airlines Engineering and Technology Company.

Here is platform for policy shapers, industrial experts, airlines, MRO providers, OEMs, suppliers and other industrial players to have an insight view of MRO opportunity, solve technology problems and grasp the develop trend of MRO market.

More information, please visit http://www.aviationmrochina.com/

CONTACT INFORMATION

• Fanny Wang
  Tel: +8621-51720126
  Email: marketing@jfpsgroup.com.cn
  Online Registration: http://www.aviationmrochina.com/

Commuters welcomed the news. Black Qin, rides the Shanghai metro to get to work, and also to reach other parts of the city to meet friends. "Having a metro map on my phone is really useful especially with the new lines which have opened up in Shanghai. Now I never miss the last train home!"

The British founder of ExploreMetro, University of Cambridge graduate Matt Mayer predicted: "2010 will see both the rapid growth of smartphones such as Apple's iPhone and Google's Android-powered devices, together with the fast expansion of metro networks for the Shanghai World Expo and Guangzhou Asian Games. Our apps, available in Chinese and English, meet this need."

Interactive maps on mobile phones can be automatically updated, unlike paper maps which quickly become out of date. The apps include a route-planner, allowing subway riders to calculate the time and price of a journey, and even work without an internet connection. ExploreMetro's apps are priced at USD0.99, with the Beijing and Guangzhou apps available for free until February 7th at ExploreMetro's website.

About ExploreMetro
Since 2007 ExploreMetro has made interactive maps for metro and subway systems in Chinese cities including Shanghai, Beijing, Guangzhou and Hong Kong, online and for mobile.

Contact

• Name: Matt Mayer
  Email: matt@exploremetro.com
  Tel: +86 13482644407

"We are exceptionally proud to be Europe's most punctual airline, and amongst the top three in the world. This position really underlines our promises to minimize our customer's time related to travel and to maximize their value of the time spent with us. Our staff does a tremendous job to ensure our customers arrive at their destination in time, especially considering the sometime severe weather conditions we are faced with in Scandinavia during the winter months," says Lars Olofsson, General Manager of Scandinavian Airlines China.

A class of its own — SAS Economy Extra: SAS was one of the first to introduce our innovative Economy Extra class to our long-haul flights in 2002. And today our aim of making travel as time efficient and smooth for both the modern business traveler and the leisure passenger wanting that little bit extra remains the same.

Passengers traveling on our Economy Extra class receive a range of Business class benefits, but at a much lower price. Travelers can skip queues by checking in at Business class counters, race through Fast Track security and enjoy priority boarding. They are also allowed greater baggage allowance, including one additional piece of hand luggage to take onboard. Travelers from China can also check-in online or print boarding passes at home or in the office to reduce time spent at the airport. On top of this, all SAS EuroBonus members receive an additional 150% EuroBonus points when traveling in Economy Extra.

The benefits and comforts of Economy Extra class continue onboard with each seat featuring a laptop power outlet so that our business passengers can work while traveling. And for those who want to relax, SAS offers wider (47cm/ 18"), more comfortable seats with almost a metre (38") of legroom, all located in a separate cabin to offer travelers a more spacious and peaceful environment.

During the flight, our crew will serve a cocktail and snack; a three-course dinner and coffee/tea with liqueurs; drinks, fruit and cold snacks between meals; and a light meal prior to landing. All the benefits of Business class, but at a much lower price with Economy Extra so passengers can arrive at their destination in good shape, both mentally and physically.

CONTACT INFORMATION

• For more information please contact:
  Ms. Belinda Yan/SAS Marketing Manager
  Tel:010-8527 6100-4011851
  Mail:yan.jing@sas.dk

  Mr. Bill Zhang/Standards Group, Media Strategist
  Tel:010-8401 2118
  Mail:bill@standards-group.com
  Web:www.flysas.cn
  

This most recent appointment was won over a number of other international and local asset disposal companies and follows a series of other successful tyre manufacturing sales GoIndustry DoveBid recently held for Continental Tires.

The upcoming sales will be held in three stages in May 2009 including two online auctions on
www.Go-Dove.com and a 2-day clearance live auction in Somerton including over 1000 lots of factory equipment.

Major tyre manufacturing equipment, used in the production of Goodyear and Dunlop tyres for passenger vehicles will be auctioned off in the online auction set to close in May 22nd featuring tyre building machines, curing presses, extruders, calenders, mixing lines and much more. The contents for two further sales will consist of factory support equipment and machine tools.

The sales are expected to generate revenues in excess of AUD1million from existing tyre manufacturers in Asia.

GoIndustry DoveBid Goodyear Dunlop Auctions:

Sale 1 Online Auction:
Factory Support Equipment and Machine Tools
Bidding Closing Friday 15th May 2009 at http://www.Go-Dove.com/
http://www.go-dove.com/Auctions/AuctionDetail.asp?auctionID=12915&utm_source=cprn&utm_medium=pr

Sale 2 Online Auction:
Tyre Manufacturing Machinery including Tyre Building Machines, Mixers, Calenders, Extruders and Mills
Bidding Closing Friday 22nd May 2009 at http://www.Go-Dove.com/
http://www.go-dove.com/Auctions/AuctionDetail.asp?auctionID=12914&utm_source=cprn&utm_medium=pr

Sale 3 Live Auction:
2-Day Clearance Live Auction of Over 1000 Lots of Factory Equipment
Thursday, 28th & Friday, 29th May 2009 at Somerton, Victoria, Australia

GoIndustry-DoveBid plc, quoted on the London Stock Exchange's AIM market (GOI), is a global market leader in the provision of asset management, auction and valuation services. The Company delivers innovative solutions that help to value assets accurately, optimize asset utilization and reduce costs. The Company combines its asset, industry and market expertise, with eCommerce technology to service the needs of multi-national manufacturing corporations, financial institutions, insolvency practitioners, used equipment dealers and asset based lenders around the world.

CONTACT INFORMATION

• Greg Ceniti
  Tel: +61 3 9013 9230
  Cell: +61 421 33 22 66
  Fax: +61 3 9013 9231
  Email: greg.ceniti@go-dove.com

To advance your supply chain into a value chain for competitive advantage, Pacific Conferences has organised this 2-day practical workshop on "Strategic Sourcing in Asia", held on 11 – 12 May 2009 in Singapore and 14 – 15 May 2009 in Hong Kong. This workshop acts as a strong, neutral enabler for companies to embrace best practices of category sourcing. The workshop leaders, Charlie and Mark, both seasoned procurement experts, will build the business case for strategic sourcing and show you how to address spend categories and suppliers through proper strategic sourcing processes and methodologies. They will also help to strengthen your organisation's supply market intelligence, category profiling, sourcing approach and supplier portfolio and selection. Illustrated with case examples from the Oil and Gas, Pharmaceutical and Transportation industries, learn how to implement a sustainable sourcing programme throughout your company's spend lifecycle. Attend this leading-edge course to capture and apply the best practices in strategic sourcing!

Title: "Strategic Sourcing in Asia" Workshop
Dates: 11 – 12 May 2009 / 14 – 15 May 2009
Venue: Holiday Inn Atrium, Singapore / The Excelsior, Hong Kong

For more information, please visit http://www.conferences.com.sg/S1335-SCM-45V.pdf or contact Ms Lorraine Tiang at +65 6372 2201 or email lorraine@conferences.com.sg.

About Pacific Conferences

Pacific Conferences specialises in organising business conferences aimed at providing interactive, insightful information and analysis about issues facing businesses in Asia-Pacific. Our conferences are developed through thorough research and a deep understanding of the critical concerns facing industry professionals. They are addressed by experts and leaders who have deep knowledge and practical experiences in their respective areas.

CONTACT INFORMATION

• Valerie Low (Ms)
  Conference Marketing Executive
  Tel: +65 6372 2216
  Email: valerie@conferences.com.sg
  Website: www.conferences.com.sg

The show will host more than 100 world class exhibitors and utilize more than 5,000 square meters of exhibit space, involved companies from all sectors of RFID industry chain, suppliers, distributors and system integrators. The organizer will also invite well-known RFID end users, information service providers, software developers and certificated integrators. Items on display will include RFID chips, RFID tags, RFID peripheral equipment and RFID system integration solutions, GPS, RTLS and wireless sensors. These will not only showcase valuable development results of domestic companies, but also provide buyers from home and abroad a sneak peek of the latest global developments in RFID technology, enable direct and fluent communication between potential end users and vendors. This will encourage the mutual exchange of ideas between those involved in the RFID industry here and overseas.

RFID (Radio Frequency Identification) is an important technology, it is a technology that will revolutionize the way companies around the world do business and is recognized as one of the 10 major technologies of this century. It has huge potential growth in a variety of market. According to several authoritative marketing consulting & researching company, such as IDtechex, China is the biggest RFID market in the world in 2008. In recent years, China has successfully introduced RFID into vertical industries such as transportation, library, manufacturing, consumer goods supply chains, medicine and health services, pharmaceuticals and food security.

Unlike other smartcard shows, "China International RFID Technologies and Applications Show in Logistics, Manufacturing and Anti-counterfeiting" currently is the first show that only focuses on RFID technologies and application. This event is so important that the industry eyes on it, and it also obtain great support from government agents and local RFID alliances, GD-HK RFID Alliance, GS1 Hong Kong and EPCglobal Hong Kong is working with the organizers to expand their size and formats.

Moreover, running RFID show in conjunction with Control & Automation EXPO will heighten the trade profile and media exposure of both events and surely create more business opportunities for the RFID industry.

If you would like to experience the latest technological charms that RFID technology has to offer, this show is definitely an opportunity you cannot afford to miss!

For more information, please visit: www.rfidexpo.com.cn

Beijing, China (January 01, 2009) /ChinaNewswire.com/ — As air transportation industry develops rapidly these days, aircraft maintenance, repair and overhaul (MRO) becomes more crucial to the smooth running and profit earning of airlines. According to the study of TeamSAL, in 2017, the market value of MRO will be over $62 billion all over the world, compared with $41 billion in 2008.

Chinese Airlines and MRO providers have achieved great success in 2008 and will continue exploiting the market all over the world, which needs the support from partners at home and abroad. At the same time, they also face many challenges. Airlines will have an increasing outsourcing in the next five years in both engines maintenance and airframe maintenance. Besides, lots of the aircrafts Chinese airlines bought will expire guarantee period and go into the maintenance market from 2009. How should MRO providers and OEMs improve their business and satisfy the airlines will be a big issue.

China Aviation MRO Summit 2009 is organized by JFPS, and get great support by Association of Asia Pacific Airlines and Chinese Aviation and Space Industry Development Association.

China Aviation MRO Summit 2009 will gather the forefront industrial experts from America, Europe, and Asia including China. More than 30 honorable speakers from local and overseas will come to share their experience and over 200 guests will get networking opportunities through this platform. Moreover, experts from government and associations will be invited to give us the current criteria and standards for MRO industry.

The summit will cover topics from technology, strategy, economy and safety. It will bring you together with the policy shapers, industrial experts, airlines, MRO providers, OEMs, suppliers and other industrial players to discuss the new challenges and opportunities facing the MRO industry.

CONTACT INFORMATION

• Fanny Wang
  Tel: +86 21 5160 8811
  Fax: +86 21 6236 3711
  Email: Marketing@jfpearson.com.cn
  Event Website: www.aviationmrochina.com

This is the first comprehensive summit of its kind in Asia to address the critical issues relating to US Export Controls and regional export control laws. By attending the event, participants will discover tools and techniques to ensure their organization is proactively addressing the changes in export control laws, recent cases and practical issues in developing and maintaining internal compliance programs.

More details can be found on the website at www.ExportControlAsia.com

About Beacon Events
Beacon Events, previously Institute for International Research (IIR) Asia, is an international business services company focused on conferences, exhibitions and management training.

Beacon Events has an expanding portfolio of large-scale events which cope with the challenges arising from different business communities:
Telecommunications
Transport and logistics
Real estate and facilities
Gaming
Mining and energy
Retail
Legal, anti-corruption and ethics

Support from strategic partners – industry associations and leaders, government organizations, media and publications – make our events the not-to-be-missed industry gatherings for intelligence, business development and networking.

Event schedule and details are available at www.BeaconEvents.com.

CONTACT INFORMATION

• Ben Shek, Marketing Manager of Beacon Events
  Email: bshek@BeaconEvents.com.

Singapore (November 19, 2008) /ChinaNewswire.com/ — More than ever, organisations are under strong pressure to shed cost centres through outsourcing to Asia: Current credit crunch, new entrants, the deployment of next generation technologies to deliver even more sophisticated services and price deterioration are just a few reasons for the integration of outsourcing into their business strategies. While IT and Business Process outsourcing have already been widely adopted by market players globally, Knowledge Process Outsourcing, Legal Process Outsourcing and Clinical Research Outsourcing have only recently taken off. The Ahrals Outsourcing Asia Summit 2009 will provide a platform for discussion with experienced pioneers and early adopters.

Before reaping immense operational and financial benefits, professionals involved in the process must master the risks and complexities of outsourcing. Having lost most of its negative connotations, outsourcing to Asia can now be discussed more frankly from different angles and perspectives: the challenges of partnership choice, the perfect outsourcing agreement, HR change management and the resolution of post-contractual conflicts will all be addressed in depth at pre-conference workshop jointly conducted by Peter Brudenall, Partner of Hunton & Williams, London, United Kingdom and Pradeep K. Mukherji, President & Managing Partner, Avasant (formerly Stradling Global Sourcing), India.

In a case study driven and industry specific approach, leading market players and solution providers across Asia will give insight into how outsourcing partnerships can provide sustainable competitive advantages in today's dynamic business environment.

Attend this deeply researched and well convened event to network with your peers and to hear best-practices in KPO, LPO and CRO so you can realize the benefits of outsourcing through streamlining operations, focusing on core competencies and optimizing business functions. 

About Ahrals:
Ahrals – Centre for Business Forums is the pioneer arm of the group's comprehensive source of business research. Ahrals is dedicated to promoting an educated decision by being providers of knowledge on demand.

CONTACT INFORMATION

• Sadah, Sales Manager
  TEL: +65-63912916
  Ahrals – Centre for Business Forums
  http://www.outsourcingasia.com.sg/temp/

Hong Kong (September 18, 2008) /ChinaNewswire.com/ — An Early Bird Discount is available – Book this week!

The event, to be held 2-4 December 2008 at the Langham Place Hotel in Hong Kong, follows on from Ti's successful conference in Amsterdam, The Netherlands in May. As with the previous event, delegates will benefit not only from the high level presentations made by leading Experts in the logistics sector, but uniquely from research and analysis delivered by its own experts.

A host of influential decision makers across a range of sectors are confirmed to make keynote presentations within the knowledge packed programme. The conference has already attracted senior decision makers from a wide range of companies and sectors – go to www.ticonferences.com to see the attendee breakdown.

Among the industry executives confirmed to make keynote presentations at the conference include:

Mark Holloway, VP Customer Service & Logistics Excellence, Unilever who will discuss the challenges of supplying the region's markets whilst delivering world class customer satisfaction.

Poul Hansen, United Nations Conference on Trade and Development (UNCTAD), who will talk about the difficulties of incorporating developing markets into global supply chains and its impact on economic development.

Jürgen Rogner, VP, Deutsche Bahn who will discuss the issues and challenges involved in establishing a rail link between China and Europe: the Eurasian Landbridge.

Joe Gallick, VP, Penske Logistics who will provide an insight into its logistics operations in the automotive sector and the challenges faced in building an Asia Pacific distribution network.

To find out more about sponsorship, exhibition or delegate opportunities please email Sarah Smith at ssmith@transportintelligence.com or visit www.ticonferences.com.

Singapore (September 08, 2008) /ChinaNewswire.com/ — Negotiation is an indispensable tool at the hands of the procurement executive, and is exercised to achieve cost savings, augment supplier performance, enhance quality of procured products and services, and resolve disputes. In today's global economy, bargaining with a few local suppliers and managing business operations with a handshake are things of the past. As each contract is unique, it is extremely crucial for supply management professionals to hone their negotiation skills; securing concessions that are in line with their organisation's business model, and developing proficiencies in constructing win-win agreements for both the buyer and seller.

This 2-day interactive workshop on Advanced Procurement Negotiations is designed for senior-level supply chain professionals who desire to expand their effectiveness and learn new techniques to improve on their Planning, Preparation, and Execution activities related to high-dollar negotiations with suppliers. Consisting of in-depth explorations into supply chain subjects and addressing key supply chain issues inherent in Asia and other areas around the globe, the workshop will empower delegates to leverage on their negotiating competencies to achieve superior results through a combination of innovative instruction, role-playing exercises and "best practice" techniques used by leading organisations.

Mark Trowbridge, Principal of Strategic Procurement Solutions will be leading the 2-day workshop. Mark has worked with past clients such as Apple Computer, Intel Corporation, Adobe Systems, Johnson & Johnson, Colgate-Palmolive, Volvo Trucks, Bristol Myers Squibb, Invensys Controls, LG Electronics, Federal Express & Jones Lang LaSalle.

Endorsed by industry authority in Asia: Procurement and Sourcing Institute of Asia; the event aims to address new techniques to achieve superior results when negotiating with your suppliers.

About Pacific Conferences

Pacific Conferences specialises in organising business conferences aimed at providing interactive, insightful information and analysis about issues facing businesses in Asia-Pacific.

CONTACT INFORMATION

• Ms. Chee Seow Hui
  Pacific Conferences Pte Ltd
  Tel: (65) 6372 2204 Fax: (65) 62271601
  E-mail: seowhui@conferences.com.sg
  Website: http://www.conferences.com.sg

Singapore (August 4, 2008) /ChinaNewswire.com/ — Pacific Conferences is organising a 2-day Advanced Procurement Negotiations Workshop on 20-21 October 2008 and 23-24 October 2008 in Singapore & Hong Kong respectively.

Negotiation is an indispensable tool at the hands of the procurement executive, and is exercised to achieve cost savings, augment supplier performance, enhance quality of procured products and services, and resolve disputes. In today's global economy, bargaining with a few local suppliers and managing business operations with a handshake are things of the past. As each contract is unique, it is extremely crucial for supply management professionals to hone their negotiation skills; securing concessions that are in line with their organisation's business model, and developing proficiencies in constructing win-win agreements for both the buyer and seller.

This 2-day interactive workshop on Advanced Procurement Negotiations is designed for senior-level supply chain professionals who desire to expand their effectiveness and learn new techniques to improve on their Planning, Preparation, and Execution activities related to high-dollar negotiations with suppliers. Consisting of in-depth explorations into supply chain subjects and addressing key supply chain issues inherent in Asia and other areas around the globe, the workshop will empower delegates to leverage on their negotiating competencies to achieve superior results through a combination of innovative instruction, role-playing exercises and "best practice" techniques used by leading organisations.

Mark Trowbridge, Principal of Strategic Procurement Solutions will be leading the 2-day workshop. Mark has worked with past clients such as Apple Computer, Intel Corporation, Adobe Systems, Johnson & Johnson, Colgate-Palmolive, Volvo Trucks, Bristol Myers Squibb, Invensys Controls, LG Electronics, Federal Express & Jones Lang LaSalle.

Endorsed by industry authority in Asia: Procurement and Sourcing Institute of Asia; the event aims to address new techniques to achieve superior results when negotiating with your suppliers.

INTERNET LINKS

http://www.conferences.com.sg

About Pacific Conferences
Pacific Conferences specialises in organising business conferences aimed at providing interactive, insightful information and analysis about issues facing businesses in Asia-Pacific.

CONTACT INFORMATION

• Ms. Chee Seow Hui
  Pacific Conferences Pte Ltd
  Tel: (65) 6372 2204 Fax: (65) 62271601
  E-mail: seowhui@conferences.com.sg

[smpr_tags]Advanced Procurement Negotiations Workshop, Pacific Conferences[/smpr_tags]

Hong Kong, China (July 29, 2008) /ChinaNewswire.com/ — Following our highly successful conference in Europe earlier in the year, Transport Intelligence is pleased to announce our next conference, Global Distribution Strategies 2008 – Asia Pacific. The conference, which is to be held at the Langham Place Hotel, Hong Kong, 2-4 December 2008, will reveal the latest trends and developments occurring in the transport and logistics industry throughout this fast growing region.

Global Distribution Strategies 2008 – Asia Pacific will address all the main issues which shippers and logistics companies face in the region. Combining presentations by exceptional speakers from blue chip companies such as Kerry EAS Logistics, UPS, Penske, Tractus Asia, Capgemini and Crawford with those of Ti's own analysts, the conference will provide delegates with an insight into all the key markets.

According to John Manners-Bell, Ti's CEO, the new conference is a logical progression in its Global Distribution Strategies series of events. "The Asia Pacific region contains a diverse mix of markets, all at different stages of development and facing a range of challenges. This conference will examine all the major issues which manufacturers, retailers and logistics companies need to come to terms with in uncertain economic times. It will showcase world class distribution strategies providing a road map for all parties involved in the industry."

Why Attend Global Distribution Strategies – Asia Pacific:
- Discover innovations and trends in the global logistics industry
- Learn best practice from key industry executives
- Meet the Experts – exclusive access to Ti Senior Analysts at the Global Distribution Strategies Conference – Asia Pacific
- Knowledge-driven programme compiled by experts
- Top level hand picked speakers
- Blue chip manufacturers
- Great networking opportunities

An Early bird discount available to all delegates until 17 September 2008 – please go to http://www.ticonferences.com/gds_asia/register/

For details of sponsorship, exhibition and delegate packages please contact Sarah Smith, ssmith@transportintelligence.com or go to www.TiConferences.com.

[smpr_tags]Global Distribution Strategies 2008 – Asia Pacific, Transport and Logistics Industry[/smpr_tags]

Shanghai, China (March 21, 2008) /ChinaNewswire.com/ — marcus evans Advanced Global Sourcing training will take place on the 7th and 8th July, at Four Points By Sheraton Hotel in Shanghai. This workshop is designed to provide participants with a proven process with which to implement global sourcing initiatives that is based on the practical experience of others involved in international buying.

China has a large, low-cost labor pool, which attracts companies with high-volume, transaction-based business processes. The domestic market has grown into the largest single market for many US and European multinationals in Asia Pacific and has also become a favored global sourcing destination. In addition, numerous large Korean and Japanese companies have aggressively integrated their China operations into their global supply chain. As a world manufacturer, China is playing a more and more important role in global supply chain, not only as the outsourcing destination for the developed countries, but also the outsourcing and insourcing center for most MNCs and big local companies in the nation.

With China's rapid developing, sourcing managers are facing new challenges, especially the continuous increase in cost. Appreciation of Renminbi, implementation of new labor law and jumps in CPI have brought more cost pressure to the companies. Cost advantage in other developing countries, such as India, Philippines, Vietnam and Thailand slowly appears. China is not the only outsourcing destination now, more and more companies in China are willing to start global sourcing to gain more competitiveness in goods or services. Global sourcing is becoming a prevalent strategy for companies in China to gain continuous competitiveness in future.

This workshop is a good opportunity for sourcing managers to discuss their global sourcing challenges and problems, and to improve their performance in international transactions. The course will be conducted in English and facilitated by international expert Mr. Robi Bendorf (Founder and President of Bendorf & Associates), who has 30 years of purchasing and sales experience, involving both domestic and international activities, for a broad range of manufacturing and service businesses.

Participants will gain real insights from the thought trainer who has overcome the obstacles being faced by best of breed organizations around the world. Join marcus evans in July in Shanghai for an extraordinary learning experience that cannot be missed.

This event is supported by media partners: ChinaSourcingNews.com, ChinaNewswire.com and China Knowledge.

INTERNET LINKS

http://www.marcusevans.com

About marcus evans
marcus evans is the world's leading provider and promoter of business summits and congresses, conferences, professional training and business intelligence. The Group's international network of offices provides a one-stop shop for all a company's business intelligence, market analysis, learning and training needs. Our Mission: To provide our clients with the information and insights they need to sustain a valuable competitive advantage.

CONTACT INFORMATION

• Amy Lim
  Marketing Assistant
  marcus evans
  Tel: +603 2723 6763
  Email: lima@marcusevanskl.com

[smpr_tags]marcus evans Advanced Global Sourcing[/smpr_tags]

The HOA identifies several elements, including the financial investment, management participation, commercial partnership and cooperation.

Details of terms identified in the HOA are subject to definitive and legally binding agreements to be discussed between, and entered into by, the parties, and are also subject to approvals by the relevant regulatory authorities and shareholders of CEA.

Strategic Investment and Partnership
Under the HOA, it is proposed that SIA will subscribe for new H-shares of CEA at a subscription price of HK$3.80 per H-share. The last closing price of CEA's H-shares was HK$3.73 per H-share as at 21 May 2007, being the last trading day prior to the suspension of trading CEA shares.

SIA proposes to subscribe for 1,235,005,263 new H-shares for a total consideration of approximately HK$4.7 billion, being an amount which is less than 5% of SIA's market capitalisation on Friday 31 August 2007, which will result in SIA holding a 15.7% stake in a recapitalised CEA following completion of the transaction.  Minority shareholder protection will be established for SIA in respect of certain major corporate actions taken by CEA.

Temasek, through Lentor, proposes to subscribe for 649,426,737 new H-shares for a total consideration of approximately HK$2.5 billion, which will result in Lentor holding a 8.3% stake in a recapitalised CEA following completion of the transaction.

SIA will be granted a right to subscribe for new shares in proportion to its shareholding in the event of a further placement of CEA shares, as well as a future right to increase its stake at a time when foreign ownership restrictions imposed by the Government of the People's Republic of China may be liberalised.  Both SIA and CEA Holding will have a right of first refusal over shares in CEA sold by the other party.

CEA Holding will also subscribe for 1,100,418,000 new H-shares for a total consideration of approximately HK$4.2 billion, which will result in CEA Holding having a 51% stake in a recapitalised CEA following completion of the transaction.

Board and Management Participation
Commensurate with its stake in CEA, SIA will be entitled to nominate two representatives to the Board of Directors of CEA.  A Board Finance Committee will be established, which will include representation from SIA.

CEA will be sending executives to SIA for attachments and training programs.  SIA will also be seconding management executives to key positions in CEA.  These proposed management exchanges will enable both organisations to share proven practices and establish closer co-operation.

Commercial Partnership and Cooperation
SIA and CEA have international route networks that complement each other, with little overlap.  CEA also has a big domestic network in China, with hubs in Shanghai, Wuhan, Kunming and Xian.

Both airlines will pursue opportunities for cooperation such as co-ordination of flight schedules and joint marketing activities.  CEA and SIA will consider jointly any question of CEA joining a global alliance.

In the spirit of this commercial partnership, CEA and CEA Holding will not issue new shares nor sell any existing shares to SIA's competitors, and SIA will not invest in other PRC-based airlines, except for Great Wall Airlines, in which it has an existing interest.

Further Announcement
A further announcement will be made when the parties enter into definitive transaction agreements relating to the proposed partnership.

In the meantime, shareholders or potential shareholders of SIA are asked to note this position, and keep it in mind in respect of any trading of SIA shares prior to any further announcement.

INTERNET LINKS

http://www.singaporeair.com

CONTACT INFORMATION

• For further information, please contact:
  Singapore Airlines Public Affairs
  Tel   : +65 6541 5880 (office hours)
  Tel   : +65 9753 2126 (after office hours) Fax  : +65 6545 6083
  E-mail:  Public_Affairs@singaporeair.com.sg

[smpr_tags]Singapore Airlines, China Eastern Airlines[/smpr_tags]