All China articles – Page 16
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NewsChina’s ‘Big Three’ see decline in June domestic traffic again
China’s three largest carriers saw their domestic passenger traffic in June shrink for third time on a month-on-month basis, despite reporting decent gains compared to a year ago.
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NewsChina’s aviation fixed asset investments rise, as domestic recovery continues
The Chinese aviation industry saw fixed asset investments for the half year rise, as the country’s domestic air travel sector continue to recover.
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NewsChina warms to lifting 737 Max grounding: Report
China is reportedly a step closer to returning the Boeing 737 Max to service, after grounding the type for more than two years following two fatal crashes.
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NewsChina’s ‘Big Three’ see slower domestic traffic growth in May
China’s three largest airlines once again saw a significant surge in domestic passenger traffic in May, compared to a year ago — though traffic shrank slightly on a month-on-month basis.
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NewsAir China names new president and executive director
Air China has promoted its vice-president Ma Chongxian to the position of president, effective 31 May.
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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.