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  • August 29, 2014
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  1. News - China - AVIATION

    Ticket to the market: State-run China Eastern Airlines launches new budget carrier

    Posted Jul 02nd 2014, 05:31pm by Reuters

    ... Reuters in Beijing Subsidiary China United converted into low-cost carrier with 80 Boeing airplanes China Eastern Airlines today launched its budget airline, becoming the first state-run carrier to tap the low-cost travel segment long dominated by privately run Spring Airlines. China Eastern said it would use the 80 Boeing 737 planes it had ordered from Boeing last month ...

  2. News - China - AVIATION

    China Eastern airplane skids off runway in second mishap in two days

    Posted Jun 19th 2014, 09:27pm by STEPHEN CHEN

    ... Angela Meng angela.meng@scmp.com and Stephen Chen binglin.chen@scmp.com Previous flight landed on the taxiway instead of runway, prompting safety concerns A China Eastern Airlines plane ... At 9.53am yesterday, China Eastern Airlines flight MU2487 veered off course for some 300 metres, according to eyewitnesses. It was flying in from the Wuhan Tianhe International Airport to Shanxi’s ...

  3. Business - China Business - AVIATION

    China United Airlines converted into budget carrier

    Posted Jul 03rd 2014, 02:08am by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com Parent China Eastern says move is intended to create mainland's biggest low-cost airline China United converted into budget carrier China Eastern ... "China Eastern is the first of the 'Big Three' to announce an LCC subsidiary, although China Southern is studying converting Chongqing Airlines while Air China has been doing its own ...

  4. Business - Companies - AVIATION

    Hainan Airlines profit down 25.35pc

    Posted Aug 28th 2014, 11:03am by SIJIA JIANG

    ... Air China, China Southern Airlines and China Eastern Airlines. "The results are much better compared with Air China," said Li Xiaolu, a Shanghai-based analyst with Capital Securities. Air China reported on Tuesday net profit fell 55.42 per cent to 510 million yuan even though revenue rose to 49.9 billion yuan. Li said Hainan Airlines had been more profitable than ...

  5. Business - China Business - EARNINGS

    Profits at Air China and China Eastern Airlines fall

    Posted Oct 31st 2012, 12:00am by Sophie Yu

    ... cent to close at HK$5.51 yesterday ahead of the profit announcement, outpacing the performance of the benchmark Hang Seng Index, which dropped 0.4 per cent. Separately, China Eastern Airlines ... two leading mainland carriers - Air China and China Southern Airlines - and set the company's share price target at HK$3. Shares of China Eastern climbed 1.14 per cent to close at HK$2.66 ...

  6. Business - China Business - AVIATION

    Flight curbs in China could hurt airlines, drive airfares up, analysts say

    Posted Jul 23rd 2014, 01:48pm by SIJIA JIANG

    ... airlines- Air China, China Southern Airlines and China Eastern Airlines- have all issued profit warnings before their interim results due next month. Air China is expecting first-half profit ... and industrial research at Daiwa Securities, told the South China Morning Post. A reduction of 25 per cent in flights to eastern China for three weeks in the busy summer holiday season would erode ...

  7. News - China

    CNN producer at centre of Weibo scuffle over China Eastern Airlines mystery VIP smoker

    Posted Dec 13th 2012, 11:27am by Amy Li

    ... smoker on a China Eastern Airlines flight from Shanghai to Beijing. The hunt started almost immediately after a CNN producer in Beijing, Steven Jiang, posted the following on his micro-blogging page  on Tuesday: “Would China Eastern Airlines tell me, who was the man allowed to break airline safety laws so blatantly? On the evening of December 2, after the MU5127 flight took off, ...

  8. Business - China Business - EARNINGS

    China's airlines hit hard by weaker yuan

    Posted Jul 17th 2014, 01:22am by SIJIA JIANG

    ... this year is hitting Chinese airlines with large dollar-based debt hard, with most of the debt attributed to aircraft purchases and leases. Analysts are expecting China Eastern Airlines Corp to join the other two major state airlines, Air China and China Southern Airlines, in issuing a profit warning for its interim results. Air China, the country's flag carrier, said on Monday it expected ...

  9. Business - China Business

    China Eastern Airlines shares suspended ahead of capital injection

    Posted Sep 07th 2012, 12:00am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Trading in shares of debt-laden mainland carrier suspended ahead of fund injection China Eastern waits for cash boost China Eastern Airlines shares were ... Southern Airlines and Air China. The third round of capital injection for China Eastern comes after bailouts for China Southern in June and Air China in April. China Southern received 2 billion ...

  10. Business - China Business - EARNINGS

    Weaker demand and competition hit China Eastern

    Posted Mar 28th 2014, 01:40am by Keira Lu Huang

    ... Following the sluggish performance of Air China, the country's second-largest carrier by passenger numbers- China Eastern Airlines- also reported weaker profit last year. The Shanghai-based ... cabins, China Eastern is eyeing the low-cost flight business. With its subsidiary China United Airlines moving into the second airport in Beijing, the company is considering the potential ...




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