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Air Chinai

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.

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As governments look to safely resume cross-border journeys there is much talk of vaccine passports, ‘travel bubbles’ and digital certificates when the world needs a single viable mechanism.

  • State-owned Commercial Aircraft Corporation of China plans to expand domestic aviation market by boosting production this year – a move buoyed by the post-Covid recovery in global aviation
  • Comac could claim 3 per cent of the world’s narrowbody-aircraft share from Boeing and Airbus by 2027, according to analysts

Planemaker Comac charges US$108 million for the home-grown C919 narrowbody passenger jet in a deal with Air China, up US$9 million from amount quoted to China Eastern in 2022.

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New cut-price Cathay Pacific Airbus planes, with book cost of HK$36 billion, will be delivered by the end of 2029 and used mostly on mainland China and Asia routes.

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Airlines in China and the US are preparing for an increase in their direct routings, but the likelihood of a rapid return to 2019 levels of service is vanishingly small.

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China’s top three state-owned airlines reported significantly narrower losses for the first half of 2023 as Beijing’s lifting of Covid-19 restrictions late last year unleashed pent-up demand for domestic travel.

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Airlines overwhelmed with applications as a record 11.58 million college graduates are set to enter one of the country’s worst job markets in decades.

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China Tourism Academy expects domestic tourists to take 4.55 billion trips this year, marking a huge increase from the zero-Covid ravaged 2022, but swelling household savings shows they may be more thrifty.

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Indonesia has become the first foreign market to accept delivery of China’s Comac ARJ21, which analysts expect will reach more markets in the future.

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Once confident in Beijing’s efforts to manage the pandemic, Rolls-Royce has seen ‘more interruptions’ in its China operations this year as a result of its zero-Covid policy.

Air China and Rolls-Royce will establish a new maintenance, repair and overhaul facility in Beijing amid growing export restrictions from the United States on advanced technology and curbs on international travel.

Air China plans to raise up to US$2.2 billion through a private stock offering on the Shanghai Stock Exchange to expand its fleet and replenish working capital.

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The choice of Airbus over Boeing tips one of the most lucrative big-ticket deals in global commerce in Europe’s favour, taking it off the table as the US and China remain mired in trade disputes from the Trump era.

As part of a new stimulus package unveiled by China last week, airlines are in line for a range of government support, including loans and subsidies. But analysts say that may not be enough to halt mounting losses.

The Winter Olympics has catapulted dozens of Chinese brands into the limelight, giving them unprecedented airtime to showcase their stuff on the world stage.

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Embattled Chinese conglomerate HNA Group will delay the submission of a proposal for its restructuring, as China’s state-owned carriers have steered clear of bailing out the country’s biggest private-sector carrier, according to sources familiar with the matter.

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The biggest challenges are once again in Asia where. The broadest virus outbreak in China since the pandemic first began has forced officials there to suspend flights and increase testing of airport workers. That’s taken a chunk out of the nation’s massive domestic aviation trade, which has performed the best among the largest pre-pandemic global markets.

The number of air passengers reached 50.32 million in October, 88 per cent of the level a year earlier, as frustrated travellers stuck at home for months during lockdown took to the skies during the ‘golden week’ holiday.

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The resumption in travel underscores how life in China, the first major global economy to emerge from coronavirus lockdowns, is almost back to the pre-outbreak levels.