All China articles – Page 10
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NewsJuneyao latest Chinese carrier to suffer losses in 2020
Chinese carrier Juneyao Air was loss-making in 2020, much like its larger, state-owned compatriots, which have also saw their profitability punished by the impact of the coronavirus outbreak.
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News
China’s airlines expected to narrow first-quarter losses amid traffic surge
The Chinese airline industry is forecast to be about CNY30 billion ($4.6 billion) in the red for the quarter ended 31 March, narrowing its losses year on year amid an improvement in “recovery momentum”.
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Analysis
Punishingly low traffic figures reflect long wait ahead for Asia-Pacific airlines
The latest round of passenger traffic figures exposes the stark difference in fortunes being experienced by carriers in the Asia-Pacific region that rely on international traffic versus those that can fall back on large domestic markets.
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News
China’s ‘Big Three’ March domestic traffic leaps past 2019 levels
After a tepid start to the year, China’s three largest carriers made significant gains in domestic traffic, surpassing even pre-pandemic levels in some instances.
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News
China’s ‘Big Three’ forecast to be loss-making in 2021: HSBC report
A HSBC Global Research report has forecast China’s three largest carriers to continue their loss-making streak this year, although it was likely they would narrow their losses on the back of higher domestic traffic.
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News
Chinese majors give indication on future of 737 Max orders
China Eastern Airlines expects Boeing 737 Max deliveries to resume from 2023 — even while it works with the airframer to return the aircraft to service.
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News
Pandemic pushes China’s ‘Big Three’ into big full-year losses
China’s three largest carriers swung deeply into the red in 2020, despite a domestic air travel recovery, as the “unprecedented impact” of the coronavirus outbreak punished their profitability.
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News
Hainan’s creditors seek to claw back more CNY200 billion
More than 1,500 creditors are hoping to claim more than CNY201 billion ($36 billion) from Hainan Airlines, the embattled flagship airline unit of China’s HNA Group, as a creditors’ meeting draws nearer.
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News
Chinese airlines up domestic capacity from March-October
Chinese carriers will increase their domestic capacity for the summer and autumn schedules, by mounting extra flights and unveiling new domestic routes.
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Opinion
Supply chain competition to heat up as China develops domestic aerospace industry
China is undergoing an aerospace evolution, developing a homegrown industry anchored by Commercial Aircraft Corporation of China (Comac) and supported by a strengthening domestic supply chain.
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News
Beleaguered HNA Group seeks investors for aviation assets
China’s HNA Group wants strategic investors for its airline and airport units, days after receiving court approval to merge 321 related companies into a single entity for restructuring purposes.
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News
Court allows merger of 321 HNA Group-linked firms as part of restructuring efforts
A court in China has given the green light for the merger of 321 companies linked to troubled HNA Group, including its aviation assets, to speed up restructuring efforts.
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In depth
A year on, China traffic paints mixed picture of recovery
Chinese carriers saw their domestic passenger traffic in February nearly double year on year, although this was just half of traffic figures reported in 2019, before the coronavirus pandemic hit.
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News
China shifts spotlight on domestic aerospace industry
China will double down on support for its domestic commercial aerospace industry in its development plans for the next five years, as part of efforts to wean off reliance on Western technology.
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News
AVIC AG600 commences aerial firefighting capability testing
China’s Avic has begun test flights involving its in-development AG600 amphibian aircraft for firefighting capabilities, following its first successful flight over sea last year.
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News
China Eastern firms orders for five C919s, eyes service launch
China Eastern Airlines has firmed up orders for five Comac C919s, with the first example reported to arrive within the year and start operating major domestic trunk routes.
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News
EHang completes autonomous trial flights in Beijing
Chinese urban air mobility start-up EHang has completed cold-weather test flights of its two-seater EH216 autonomous aerial vehicle over Beijing, as it embarks on a production capacity expansion.
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News
Domestic travel curbs punish China’s ‘Big Three’ traffic recovery
China’s three largest carriers started the year with domestic traffic continuing to decline, amid travel restrictions imposed to curb a resurgence in local coronavirus cases.
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News
Weak China Lunar New Year traffic offers little festive cheer
Chinese airlines carried just 3.57 million passengers across the seven-day Lunar New Year public holiday period, in what the country’s civil aviation regulators have called a “sharp drop” in passenger traffic amid a resurgence in the coronavirus.
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News
GAMECO to open up third 737-800 freighter conversion line
Chinese MRO provider GAMECO is ramping up its Boeing 737-800 passenger-to-freighter conversion capabilities, as it announces the launch of a third conversion line at its Guangzhou facility.
