Search results for “aviation capacity”
Spring Airlines posts 28.42% slump in 2016 net profit
04/05/2017|9:53:57 AM|
China’s biggest low-cost carrier reported a 28.42% fall in net profit for 2016. The airline also announced that its chairman Mr. Zhenghua Wang has stepped down and been replaced by his son and former president of the company, Mr. Yu Wang.
132 international air routes launched in China in Q2, 60% in lower tier cities
07/15/2016|11:10:33 AM|
CAAC approved 132 new international routes operated by local and international carriers, and around 60% of the routes connect with lower tier cities in the country.
China’s carriers report buoyant Q1 results
05/04/2016|9:17:21 PM|
Major Chinese carriers posted decent gains in first quarter of the year due to ongoing low crude prices and increasing domestic demand
China Eastern adds 49 jets for international flights this year
03/08/2016|6:29:22 AM|
In coordination with the Belt and Road Initiative, China Eastern will enhance its international flight operation by adding 49 more planes, said Xulun Ma, general manager of the Shanghai-based carrier.
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.
New Beijing airport tenders awarded and set for 2019 completion
02/24/2016|8:29:46 AM|
Construction of the Beijing new airport is set to begin soon and is expected to be completed by July 2019. The airport’s core structure consists of five above-ground levels and two underground levels and it will only take 8 minutes at most to walk to the farthest boarding gate.
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%.
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.
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