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  • November 27, 2014
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  1. Air China share sale may raise 8b yuan

    Posted Jun 15th 2006, 12:00am by Charlotte So

    ... Charlotte So Timetable is still pending but high oil prices are likely to lower valuation Air China, the mainland's most profitable airline, may raise eight billion yuan by listing ... was lifted last month, but Air China may have to wait because many companies are also rushing to list their shares. 'We still don't have the timetable since the application is pending ...

  2. Air China tipped to post 53.8pc surge in profit

    Posted Mar 15th 2008, 12:00am by Charlotte So

    ... Charlotte So Air China, the most profitable mainland airline, is expected to post more than a 50 per cent increase in net profit for last year due to better than expected contributions ... since net profit at Cathay Pacific Airways, 17.5 per cent owned by Air China, was 20 per cent above the market consensus. However, not all analysts have raised their forecasts for Air China ...

  3. Air China's 8b yuan float cleared for Shanghai takeoff

    Posted Jul 27th 2006, 12:00am by Staff Reporter

    ... Amy Gu Stage set for bid submissions in second A-share IPO since resumption of listings Air China, the mainland's largest international airline, has received the green light from the securities regulator to raise up to eight billion yuan in an initial public offering on the Shanghai Stock Exchange. Air China will become the second Hong Kong-listed mainland company to sell shares ...

  4. Air China net soars 242.5pc on strong demand, forex gains

    Posted Aug 29th 2007, 12:00am by Charlotte So

    ... Charlotte So Air China, the most profitable carrier on the mainland, posted better than expected results with net profit increasing 242.5 per cent due to robust demand from travellers ... reported net profits of 168 million yuan due to 1.26 billion yuan in exchange gains compared with a 784 million yuan loss during the same period last year. Air China's operating profits ...

  5. Air China aims for 50pc of Beijing market

    Posted Jul 23rd 2007, 12:00am by Charlotte So

    ... Charlotte So Air China hopes to grow its market share in Beijing to 50 per cent from a current 44 per cent after it moves to Beijing Capital International Airport's new third terminal ... and terminal at Beijing's main airport was built primarily for Air China and its code-share partners such as Lufthansa, Dragonair and Cathay Pacific Airways. Planners expect the expansion to boost ...

  6. Air China turns around with Cathay ballast

    Posted May 01st 2007, 12:00am by Charlotte So

    ... Charlotte So Air China, the second-largest airline in the mainland, reported a 403 million yuan net profit in the first quarter compared with a net loss a year ago, thanks to buoyant ... recorded in the same period last year because of its 17.5 per cent stake in Cathay Pacific. Air China gained the Cathay Pacific stake last year by selling its interests in Hong Kong Dragon ...

  7. Cathay, Air China to work closer on passenger flights

    Posted May 04th 2011, 12:00am

    ... Keith Wallis Cathay Pacific Airways is seeking to forge closer links with mainland flag carrier Air China over passenger services after the inaugural service of their cargo joint venture ... Tony Tyler, who quit pending his formal appointment as director general and chief executive of the International Air Transport Association. 'Air China is our strategic partner' ...

  8. Long-haul passenger Air China may want upgrade from economy

    Posted Jun 10th 2006, 12:00am by Staff Reporter

    ... COMFORT WAS ONE of the key issues at yesterday's press conference on Cathay Pacific Airways' co-operation with Air China. The issue isn't the seat pitch in economy class but the level of Air China's ownership in Cathay. Air China, together with its subsidiary China National Aviation Co (CNAC), will hold 17.5 per cent of Cathay after the deal, leaving Britain's ...

  9. Air China shares face slump in Shanghai debut

    Posted Aug 18th 2006, 12:00am by Staff Reporter

    ... Amy Gu Shares of Air China, the mainland's largest international airline, will begin trading today in Shanghai amid expectations that they will drop below their initial public ... US$70 a barrel on the New York Mercantile Exchange. Spending on oil comprised 39 per cent of Air China's cost last year, compared with 33 per cent in 2004, as the average price of its fuel ...

  10. Air China profit increases 11.7pc on strong demand

    Posted Mar 20th 2007, 12:00am by Charlotte So

    ... Charlotte So Air China, the most profitable mainland airline, reported an 11.7 per cent growth in net profit last year, amid buoyant demand. Net profit of the Beijing-based carrier ... for a third of its operating costs, rose 33 per cent to 15.7 billion yuan. Air China, with its extensive international network, suffered the least among mainland carriers from the premium domestic ...




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