Search results for “aviation”
HNA Group generates RMB 13.7 billion from New Third Board listings
02/03/2016|11:37:59 AM|
HNA Group made it to Fortune Magazine’s Top 500 list for the first time in 2015, ranking 464th with total revenue of USD 25.6 billion in the previous year. The company announced on January 28 that its total revenue in 2015 was RMB 188.1 billion (about USD 28.59 billion) in 2015.
China’s airports jockey for position in busiest airport ranking
01/18/2016|4:26:35 PM|
The ranking of China’s busiest airports has seen major reshuffle in 2015 following fierce competition closely as regional economic growth and transformation picks up.
Baiyun Airport debuts domestic flight slot auction
01/04/2016|11:00:45 PM|
Baiyun Airport held the first-ever auction for its domestic flight slots with nine scheduled slots sold in four hours at Guangdong Materials Group Corp headquarters.
Juneyao Air to raise US$540 million in private offering for fleet and online platform expansion
01/15/2016|4:30:11 PM|
Juneyao Air will make a private offering to raise RMB3.565 billion and use RMB2.7 billion to purchase four Airbus A320 and RMB165 million forTaotrip platform.
China Southern’s 2015 net income exceeds RMB 3.7 billion
01/28/2016|11:16:34 AM|
China Southern Airlines finished the year of 2015 with flying colors, reporting net income estimated to exceed RMB 3.7 billion, the preliminary estimate of net income attributable to shareholders in 2015 shows y-o-y increase of between 110%-130%.
Chinese carriers performed well in 2014
12/26/2014|3:08:07 PM|
China’s airline industry has collectively made RMB29.94 billion in profit by November exceeding the total annual profit of 2013.
China Southern and Hainan Airlines cut ties with Qunar as parting gift for 2015
01/06/2016|4:37:15 PM|
China’s tourism industry has been struck by the shocking announcements that China Southern Airlines and Hainan Airlines are terminating their partnerships with Qunar.
China’s small and medium airports operating at 80% loss
12/03/2015|6:02:11 PM|
CAAC distributed a total of RMB1.211 billion in subsidies to 146 airports. In 2014, 135 small and medium airports received a total of RMB1.079 billion in handouts.
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