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  • November 26, 2014
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  1. Exchange gains boost Air China income 93pc

    Posted Oct 31st 2007, 12:00am by Charlotte So

    ... Air China, the most profitable mainland carrier, reported a 93 per cent increase in net income to 2.18 billion yuan for the third quarter, after excluding the one-off gain from selling its entire stake in Hog Kong Dragon Airlines last year. If the excepti ...

  2. Airlines get increased access to China

    Posted Jul 04th 2006, 12:00am by Charlotte So, Russell Barling

    ... would not only strengthen the aviation links between Hong Kong and the mainland, it will also enhance the competitiveness of Hong Kong International Airport and strengthen Hong Kong's ... respectively. However, carriers will no longer be restricted in the type of aircraft they use, substantially expanding their seating capacity. From the end of next year, three airlines from each ...

  3. Hopes run high for HK airline route talks

    Posted Mar 31st 2006, 12:00am by Charlotte So, Russell Barling

    ... Hong Kong and China are to meet next month to work out a deal that may secure the city's status as a world aviation centre. Three-day talks are scheduled from April 10 and, from Cathay Pacific Airways' perspective, success will be largely measured by how much more access is granted to the lucrative Shanghai market. Expectations for this round of talks peaked ...

  4. Dragonair counts on China for 10pc gains

    Posted Mar 08th 2006, 12:00am by Charlotte So

    ... in anticipation of stronger demand, and plans to boost its North American all-cargo service from three flights a week to New York to daily services by 2008. Dragonair's freighter fleet ... arrives in 2008. The expansion will allow Hong Kong's No2 airline to launch a cargo service to Los Angeles. Dragonair is awaiting delivery this year of three Airbus 330 aircraft to take ...

  5. New route to Shanghai seen easing flight delays

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

    ... hour, up from the existing 54 if further improvements can be made, including harmonising air traffic control systems among the three locations and upgrading technical systems in Hong Kong. CAD ...

  6. Two more airlines get nod to fly to Taipei

    Posted Jul 09th 2009, 12:00am by Charlotte So

    ... Charlotte So Air China and China Southern Airlines have received approval to ply the lucrative Shanghai-Taipei route, raising the competitive stakes in the direct-links market. China ... and the mainland will rise to 270 a week from 108, owing to the huge demand for cross-strait air services. The number of mainland cities served by direct links will rise to 27. Mainland carriers ...

  7. Industry braced for stable fall in freight rates

    Posted Nov 02nd 2005, 12:00am by Charlotte So, Russell Barling

    ... will reduce nominal supply growth by three percentage points because of China's influence on global trade flows. The proportion of the world's container trade linked to the mainland ...

  8. Cosco seeking partner for port stake

    Posted Jul 28th 2008, 12:00am by Charlotte So

    ... businesses. Its operating base, Fuzhou Port, has been designated by the Ministry of Communications for a trial run of direct transport links between the mainland and Taiwan. The partners are betting ... are expected to lift bans on direct sea-borne trade that have been in place for more than 50 years, following a similar liberalisation of air traffic links on July 4. Once this happens, shipping lines ...

  9. Air Macau left with few routes to reinvent itself

    Posted Jul 21st 2008, 12:00am by Charlotte So

    ... providing a cross-strait transit link when direct connections were outlawed. The 51 per cent-owned subsidiary of the mainland's flag carrier, Air China, now faces the prospect of sharply lower ... cent of these transiting passengers once the direct links operate at full strength. It is expected that the frequency of direct flight will increase to 144 per week from each side in September ...

  10. Hedge fund buys into Xiamen Port

    Posted Dec 23rd 2005, 12:00am by Charlotte So

    ... holds 17.95 per cent of Link Reit and 4.44 per cent of property developer New World Development- has invested in an infrastructure company in Hong Kong. TCI's aggressive accumulation of Link Reit shares pushed their price to a high of $13.65, a gain of nearly 41 per cent on the discount price of $9.785 per share. New World Development, however, fell as much as 6.51 per cent ...




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