SOURCE >> Aviation

AirAsia banks on Chinese demand for Southeast Asian

Malaysian budget airline group AirAsia is ramping up efforts to expand flights between Chinese mainland cities and Southeast Asian destinations, banking on the booming demand of Southeast Asian travel destinations for Chinese tourists.
Source: Global Times | 2019/1/23 22:26:49

Delta Air Lines displaying confidence in China market amid pullbacks by other carriers

Delta Air Lines, an Atlanta-based US carrier still shows their confidence in the Chinese market and wants to increase the routes into China amid the background of several carriers suspending their flights between China and the US in recent months.
Source: Global Times | 2019/1/23 22:24:08

Xinjiang's Horgos sees rising foreign trade in 2018

Import and export cargo at the Horgos Port in Northwest China's Xinjiang Uyghur Autonomous Region, a city that borders Kazakhstan, jumped 23.2 percent year-on-year to 35.74 million tons in 2018 boosted by the Belt and Road initiative (BRI), figures from the Horgos customs showed on Sunday.
Source: Global Times | 2019/1/13 19:23:45

Reshaping aviation market in the capital's crowded skies

China's aviation regulator has released plans for airlines relocation to Beijing's shining new mega-airport which is set to open later this year.
Source: Global Times | 2019/1/10 17:40:12

Boeing delivers record 806 aircraft in 2018

Boeing Co delivered a record 806 aircraft in 2018 as it overcame supplier woes, retaining the title of the world's biggest planemaker for the seventh straight year.
Source: Reuters-Global Times | 2019/1/10 17:33:41

New services, deals

China Southern Airlines said on Wednesday that the state-owned Gulf carrier Qatar Airways has acquired a 5 percent stake in it, making Qatar Airways the second foreign carrier holding an equity stake in the airline, after American Airlines. Qatar Airways also owns a 20 percent stake in British Airways' parent International Airlines Group, 10 percent of South America's LATAM Airlines Group SA, 49 percent of Italy's Meridiana and a 9.99 percent stake in Hong Kong's Cathay Pacific, according to Reuters.
Source: Global Times | 2019/1/3 17:33:40

What to expect in China's aviation industry in 2019

The aviation industry is a relatively sensitive industry as fuel costs, weather and other external factors could affect the passenger demand. However, in the past few years, the global economy has grown steadily, as the oil prices and interest rates have held at relatively low levels, and the passenger flow, load factor and profit are strong for the global airlines industry.
Source: Global Times | 2019/1/3 17:28:40

Boeing says Indian airfares unsustainably low

Airfares in the fast-growing Indian market are 10 to 15 percent lower than break-even levels for airlines, a Boeing executive said, as the planemaker raised its long-term jet order forecast for the nation to a record despite market challenges.
Source: Reuters-Global Times | 2018/12/20 17:48:40

New services, deals

Hainan Airlines is expected to open a route between Haikou in South China's Hainan Province and Melbourne on Sunday. It will be the second direct route from the province to Australia since a route opened between Haikou and Sydney in January this year. The route will use an A330 aircraft.
Source: Global Times | 2018/12/13 18:13:41

China's civil aviation industry aims high

By 2050, the industry will be further improved to satisfy the needs of Chinese people and to become a world leader in global competitiveness, innovation, management and sustainable development, and fully participate in international civil aviation management.
Source: Xinhua-Global Times | 2018/12/13 17:53:40

216 new airports by 2035

China aims to add 216 new airports by 2035 and develop some regional transport hubs, the China Daily quoted the Civil Aviation Administration of China (CAAC) as saying on Tuesday.
Source: Xinhua | 2018/12/11 19:53:39

Etihad discusses rescue deal for India's Jet Airways

Abu Dhabi-based Etihad Airways, the second-largest shareholder of Jet Airways Ltd, is holding talks with the debt-laden Indian carrier and its bankers on a rescue plan, two sources aware of the matter told Reuters.
Source: Reuters | 2018/12/6 18:44:35

New services, deals

Boeing on November 30 delivered its 2,000th airplane to a Chinese operator, a 737 MAX for Xiamen Airlines.
Source: Global Times | 2018/12/6 18:44:35

Boeing cancels airlines call on 737 MAX after Indonesia crash: sources

Boeing Co has canceled a conference call it had scheduled for Tuesday morning with airlines to discuss systems on the 737 MAX model that crashed in Indonesia last month, two sources familiar with the matter said.
Source: Reuters | 2018/11/22 18:43:40

easyJet ready for Brexit as summer bookings rise

Uncertainty about Brexit negotiations are not hurting sales at easyJet, CEO Johan Lundgren said on Tuesday, adding the British budget airline is well-prepared should the UK leave the European Union without a deal next March.
Source: Reuters | 2018/11/22 18:38:40

New services, deals

Shanghai-listed carrier China Eastern Airlines Corp said on Monday that it plans to invest up to 3.2 billion yuan ($459 million) in a smaller airline, Juneyao Air, through a share-purchase program.
Source: Global Times | 2018/11/15 19:16:11

Airbus to unjam commercial 'challenges' with some HNA, Emirates deliveries

Airbus faces new headaches delivering A330s to airlines tied to China's cash-strapped HNA Group and is in separate talks with Emirates over the timing of undelivered A380 superjumbos.
Source: Reuters-Global Times | 2018/11/1 17:23:42

Three Chinese airlines see declined profits

As Air China released its third quarter fiscal report of 2018 on Tuesday, three State-owned airlines all turned in their quarterly performance.
Source: Global Times - Reuters | 2018/11/1 17:23:41