All China articles – Page 14
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NewsShanghai AJ Group partners with Juneyao for aviation investment
Investment holding company Shanghai AJ Group is partnering with Juneyao Air to potentially make an investment in an aviation company.
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NewsChina’s ‘Big Three’ see staggering domestic traffic growth in April
China’s three largest carriers — Air China, China Eastern Airlines and China Southern Airlines — continued their impressive domestic traffic growth in April, reporting threefold increases in passenger numbers.
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NewsHoneywell’s $13m penalty shows it’s tricky doing business with China and Pentagon
Honeywell reached a $13 million settlement with the US Department of State over alleged violations of the Arms Export Control Act and the International Traffic in Arms Regulations (better known as ITAR).
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NewsChengdu Aircraft to build UAV industrial park in Sichuan
Avic unit Chengdu Aircraft Industry Group will lead efforts to build an unmanned aerial vehicle industrial park in Sichuan province, with the goal of becoming a “world-class UAV manufacturing” cluster.
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NewsChina’s ‘Big Three’ still in the red, though quarterly losses narrow
China’s three largest airlines warned that they were far from being out of the woods, despite narrowing their losses and a pickup in passenger traffic.
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NewsSteep impairment costs drag troubled Hainan Airlines to record full-year loss
Troubled Hainan Airlines reported a record operating loss for the year ended 31 December, as heavy impairment costs and a steep decline in revenue punished its earnings.
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NewsChina adjusts suspension measures for international flights
The Civil Aviation Administration of China (CAAC) has eased some of its penalties for international flights found to carry passengers testing positive for the coronavirus.
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NewsAirshow China to go ahead in September
The biennial Airshow China event in Zhuhai will go ahead in late September this year, nearly a year after its organisers postponed it indefinitely, citing uncertainty with the global coronavirus situation.
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NewsTopcast, Honeywell ink China 737NG distributor agreement
Aircraft parts distributor Topcast Aviation Supplies has signed a five-year agreement with Honeywell Aerospace for Boeing 737NG parts distribution in Mainland China.
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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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NewsChina’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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Airline BusinessPunishingly 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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NewsChina’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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NewsChina’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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NewsChinese 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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NewsPandemic 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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NewsHainan’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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NewsChinese 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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OpinionSupply 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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NewsBeleaguered 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.