Search results for “aviation”
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%.
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.
China will invest US$77.9 billion to build 58 airports
11/26/2015|12:38:20 AM|
A total of 178 new airports are under construction in the Asia Pacific region as of June 2015 and China accounts for a third of those projects.
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.
Construction boom continues despite operating losses for 70% of China’s airports
10/29/2015|10:25:04 PM|
Zhejiang province has committed a total of RMB8 billion for airport development 11 cities in the province before 2020.
Nanshan Group acquires the Pullman Sydney Airport Hotel for AUD$84 million
12/15/2015|11:16:31 PM|
Chinese conglomerate Nanshan Group has acquired the Pullman Sydney Airport Hotel for approximately AUD$84 million.
Shenzhen Airport gets US$1.76 billion for expansion in bid to become international hub
11/04/2015|2:18:04 PM|
Shenzhen Airport plans to double international routes and expects its passenger throughput on international and regional routes to exceed 5.5 million trips by 2020.
Flight punctuality of China’s airports and carriers improve in October
11/24/2015|3:34:21 PM|
China’s domestic carriers achieved an average on-time flight rate of 81.94% in October, 11.04 percentage points higher than the same time last year.
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