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Shenzhen airport sees jump in passengers, cargo as HK declines

Shenzhen airport sees jump in passengers, cargo as HK declines

Shenzhen Airport reported an increase of 9.2% in passenger traffic in August while Hong Kong airport said it handled 12.4% fewer passengers in the month compared to the same period last year.

09/17/2019|2:10:23 PM|Global Times
American Airlines writes down a quarter of its investment in China Southern

American Airlines writes down a quarter of its investment in China Southern

The $52 million of mark-to-market net unrealized losses would equate to 26% of American Airlines' original $200 million investment in China Southern made two years ago.

09/16/2019|11:56:42 AM|View from the Wing
Ctrip's Trip.com targets growth in Europe with airline partnerships

Ctrip's Trip.com targets growth in Europe with airline partnerships

“When you have direct relationships with airlines there’s a lot more you can do around ancillaries and NDC Iata’s [New Distribution Capability]."

09/14/2019|10:52:48 AM|Travolution
China–UK flight seats increase 27% in summer with huge potential in direct flights

China–UK flight seats increase 27% in summer with huge potential in direct flights

Air China operates most flights and are growing fastest with 43% more flights this summer.

09/12/2019|5:18:25 PM|OAG
Using digital assets diligently for Chinese platforms/ ecosystems

Using digital assets diligently for Chinese platforms/ ecosystems

Foreign airlines are looking at capitalizing on their digital assets and minimizing the integration work when it comes to working with any established or emerging platform/ ecosystem in China. One area of focus has been standardized components for front-end web.

09/12/2019|3:33:25 PM|ChinaTravelNews
Air China director: Cathay Pacific takeover ‘not on the agenda’

Air China director: Cathay Pacific takeover ‘not on the agenda’

Air China owns 29.99% of Cathay Pacific, the maximum a single party can own of a publicly listed company in Hong Kong, while Cathay Pacific owns 18.13% of Air China.

09/09/2019|9:39:31 PM|SCMP
Cathay Pacific chairman resigns weeks after CEO steps down

Cathay Pacific chairman resigns weeks after CEO steps down

The airline’s chief executive officer quit weeks ago, and on Wednesday, chairman John Slosar announced his resignation.

09/05/2019|3:13:57 PM|Bloomberg
Three Major Airlines in China net RMB 6.8 billion with net profit decrease in H1 2019

Three Major Airlines in China net RMB 6.8 billion with net profit decrease in H1 2019

China Southern Airlines, Air China and China Eastern Airlines reported revenue growth and netted 197.036 billion yuan collectively, but net profit attributable to shareholders of listed companies was down, at a total of 6.772 billion yuan.

09/04/2019|6:26:13 PM|ChinaTravelNews
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