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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.
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.
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.
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.
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.
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.
Since the start of the pandemic, combined losses at Air China, China Southern and China Eastern have reached US$18.5 billion.
Affected flights are Air China from New York City, and Air China, China Eastern, China Southern and Xiamen Airlines from Los Angeles.
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.
A passenger on Air China flight CA1921 recorded a video of a loose fairing on the left wing and posted it on Weibo.
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.
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.
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.
Hainan Airlines Holding sheds as much as 9.8 per cent in Shanghai, with other HNA Group entities also falling after parent’s bankruptcy restructuring.
Health certificates that use the phrase ‘will be deemed void’ and may result in passengers being refused entry on arrival, flag carrier says.
The future of Boeing’s 737 MAX in China remains unclear, even as the troubled passenger jet is approved to return to the skies in the US and Europe.
The promising outlook for a Covid-19 vaccine has given stock analysts a dose of optimism about beaten-down Chinese airlines and airport operators.
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.
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.
Global airlines have been walloped by the coronavirus pandemic, as governments imposed unprecedented border restrictions and people became more reluctant to travel and passenger traffic is not expected to recover before 2024, the International Air Transport Association said.
Passenger numbers for Air China, China Eastern and China Southern rose about 25 per cent month on month in July as travel within the mainland picked up.
The gradual resumption in air service, even as China and the US are headed in opposite directions in their coronavirus cases, offers the first breather for a global aviation industry poised for a 50 per cent decline in 2020 sales, according to a June forecast by the International Air Travel Association (Iata).
Discount to buy new shares at HK$4.68 narrowed to 18 per cent as Cathay Pacific’s share price continued to slide since the rescue plan was announced in June.
Cathay Pacific may have won the approval for its HK$39 billion rescue plan. As a third wave of Covid-19 cases hits the city, investors only need to look at Singapore Airlines to know that more pain is in store.
Hong Kong's flag carrier stitched together a bailout plan in time to avert a collapse and ensure the city's future as an aviation and financial hub.
Cash-strapped Hong Kong Airlines is asking the city’s government to consider supporting other local carriers after its decision to bail out Cathay Pacific Airways.