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  • November 29, 2014
  • Last updated: 6:37am
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  1. Business - China Business - AVIATION

    Comac celebrates new plane orders at Zhuhai Air Show

    Posted Nov 11th 2014, 04:29pm by SIJIA JIANG

    ... does not give out catalogue prices for its planes, in 2008 the GECAS order for 25 ARJ21s was valued at five billion yuan. ...

  2. News - China - AVIATION

    Travel warning issued after budget airline delay

    Posted Oct 13th 2014, 05:47am by DON WEINLAND, He Huifeng

    ... Evening News said the delayed flights at the end of September left passengers "eating instant noodles for 40 hours" and that Jet Asia compensated them with 300 yuan (HK$381) per head. ...

  3. Business - Companies - AVIATION

    Cargo revival hinges on US economy, says Cathay

    Posted Sep 15th 2014, 04:40am by SIJIA JIANG

    ... business, has made hefty investments in freight. In June, it said it would inject 980 million yuan (HK$1.2 billion) into Air China Cargo, its 49 per cent owned joint venture with Air China, which ...

  4. Business - Companies - AVIATION

    Air China blames yuan depreciation for 55.42pc fall in first-half profit

    Posted Aug 27th 2014, 11:17am by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com Air China reported a 55.42 per cent fall in first-half earning to 510 million yuan (HK$642.5 million) as mainland airlines suffer from the depreciating yuan. Turnover rose by 8.5 per cent to 49.9 billion yuan while profit attributable to shareholders dropped from 1.145 billion yuan in the same period last year, the company said ...

  5. Business - Companies - AVIATION

    Hainan Airlines profit down 25.35pc

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

    ... Sijia Jiang sijia.jiang@scmp.com Hainan Air earnings dive on yuan fall Hainan Airlines, the mainland's largest privately held carrier, posted a 25.35 per cent drop in first-half net profit to 482.8 million yuan (HK$608.9 million) as an unprecedented depreciation of the yuan eroded earnings. Core revenue grew 2.92 per cent to 15.47 billion yuan as it carried 16.92 million ...

  6. News - China Insider - AVIATION

    Chinese airline 'failed to stop smoking on flight'; passengers threaten to sue

    Posted Sep 02nd 2014, 04:10pm by Chris Luo

    ... individual matches. Smoking on a plane is normally subject to a fine up to 200 yuan, but could also result in up to 10 days in detention under serious circumstances, according to Chinese public ... to fly from Nanyuan Airport, a military air base in southern Beijing. The airline owns a fleet of more than 20 planes and has total assets of about 1.4 billion yuan.   ...

  7. Business - China Business - AVIATION

    Hong Kong drives China airports

    Posted Sep 02nd 2014, 09:25am by SIJIA JIANG

    ... Shanghai International Airport Company, the operator of the Pudong Airport, posted a net profit of one billion yuan, up 15.17 per cent. Beijing Capital Airport, however, remains the nation's single largest airport with total revenue of 3.7 billion yuan in the first half, compared to Shanghai Pudong's 2.75 billion yuan. Barclays said in a report that the capital's airport ...

  8. Business - Companies - AVIATION

    Revenue boost for two mainland aviation firms on helicopter sales

    Posted Aug 26th 2014, 02:57pm by SIJIA JIANG

    ... aviation in the mainland. Revenue at Hong Kong-listed AviChina Industry and Technology rose 11.75 per cent to 10.4 billion yuan (HK$13 billion), which the firm attributed to growth in the helicopter and avionics business. Net profit grew only 0.54 per cent to 373 million yuan, missing market expectations. Shanghai-listed Hafei Aviation Industry reported revenue of 5.44 billion yuan ...

  9. 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' revenues, Lau said. Mainland airlines have been hit hard by the biggest fall in the yuan for a six-month period since the peg to the US dollar was broken in 2005. The Big Three state-owned ... to shrink by as much as 65 per cent from last year's 1.1 billion yuan (HK$1.37 million), while China Southern is expecting a net loss of 900 million to 1.1 billion yuan for the same period. ...

  10. News - China Insider - AVIATION

    Air China faces heat for allegedly sneaking Red Cross official past closed boarding gate

    Posted Apr 10th 2014, 05:39pm by Amy Li

    ... the charity stirred controversy when it redirected some 80 million yuan (HK$100 million) donated by Chinese artists to other projects without the donors’ permission. The money was meant for an art ...




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