Air China is the flag carrier and one of the major airlines of the People's Republic of China. Based in Beijing it is one of the world’s largest airlines in terms of fleet size but ranks behind its main competitors, China Southern Airlines and China Eastern Airlines, in terms of passenger traffic.
Mainland China carriers may be feeling the impact of the recent oil price plunge in a more painful way compared with their peers, as domestic oil prices did not match the fall seen in the international market and is a lot less given how much the centrally-set fuel surcharTuesday, 13 January, 2015, 11:47am
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.27 Aug 2014 - 1:27pm
Beijing-based Air China said net profit sank 32 per cent last year to 3.26 billion yuan (HK$4.07 billion) as revenue per passenger slid and air cargo operations bled from soft demand and overcapacity in the industry.26 Mar 2014 - 5:55am
Weak passenger yields last year could weigh on earnings at the mainland's Big Three airlines, with China Southern Airlines and Air China expected to report a drop in net profit despite benefiting from lower prices of jet fuel.
Together with China Eastern Airlines, they are scheduled to report their final results next week.22 Mar 2014 - 12:35am
Yuan appreciation helped shore up earnings at Air China and China Eastern Airlines in the first nine months of the year, with analysts predicting that fourth-quarter business could benefit from a recovery in business travel.30 Oct 2013 - 3:31am
As drivers, it's something we've all done. You're about to set off when you suddenly notice a nasty, large smudge on your windscreen - so you lean out of your window and wipe it off with your handkerchief. The manoeuvre is a somewhat more complicated and eye-catching, however, when your vehicle is an Airbus A321 and you're about to set off on a flight from Hong Kong to Beijing with 180 passengers on board.13 Oct 2013 - 5:29am 5 comments
Air China, a leading carrier in the mainland, has denied accusations that it fed passengers on a domestic flight out-of-date beef pancakes, making at least a dozen sick.8 Oct 2013 - 2:51pm 1 comment
The drop in air fares on the mainland will narrow in the second half of the year as demand on domestic routes shows signs of a rebound, Air China said.30 Aug 2013 - 3:40am
Yuan appreciation has continued to help mainland carriers stay afloat, with Air China yesterday reporting a 9.7 per cent increase in first-half net profit to 1.14 billion yuan (HK$1.43 billion).28 Aug 2013 - 4:54am
Talks between two state-owned carriers, Air China and China Southern Airlines, over operating Airbus A380s from Beijing seem to have reached a deadlock.28 Mar 2013 - 6:31am
Mainland airlines, which used to pay 40 per cent less in airport charges than foreign carriers, are facing increased fees for international and regional routes.6 Feb 2013 - 4:43am
VistaJet, the European-based business jet charter company, is strengthening its operations in Asia on the back of the region's growing economic and trade links with the developing world, especially between mainland China and Africa, according to senior executives.4 Dec 2012 - 3:10am
Air travel demand has started to recover on routes between China and Japan after previously being hammered because of the territorial dispute between the two countries.30 Nov 2012 - 2:53am
Beijing to investigate alleged dumping by EU
The Ministry of Commerce said it will investigate whether the European Union is improperly subsidising its producers of solar-grade polysilicon or dumping their products in foreign markets. AP
Bad debt on the rise at banks, survey finds2 Nov 2012 - 5:30am
Air China, the mainland's flagship carrier, said net profit in the third quarter dropped 16.5 per cent to 3.17 billion yuan (HK$3.93 billion) as revenue rose to 28.7 billion yuan from 28.1 billion yuan a year ago.
Net profit for the first nine months of this year nearly halved to 4.24 billion yuan from 7.86 billion yuan.
Revenue rose 4 per cent to 76.3 billion yuan.31 Oct 2012 - 4:13am