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Air China Seeks Aviation Partner
ChinaDaily.com published a report explaining that China National Aviation Holding Company, which is a parent company of popular Air China is seeking an aviation partnership as opposed to the publically known potential merger with China Easter Airlines. It was reported that minority shareholders voted against Singapore Airlines bids on Tuesday after China National Aviation Holding [...]
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Air China passenger throughput up 4.4% in Oct
Air China<601111><753>, the country’s second largest carrier by fleet size, carried 3.25 million passengers in October, up 4.4% from a year earlier, according to its filing with the Shanghai Stock Exchange. The passenger load factor for October fell 4.9 percentage points from the same period of 2007, to 78.3%, and that for the Jan.-Oct. period was 75.0%, down 3.8% year-on-year. Domestic and regional routes recorded increase in passenger traffic for October, while international rou
Air China launches fleet of Airbus A330s onto its Beijing-Dubai route
BEIJING - Air China recently announced the launch of a fleet of luxurious Airbus A330s onto its Beijing-Dubai route. read more
Air China posts third quarter loss
Air China, one of the largest airlines in the country, has reported an operating loss for the third quarter, attributing the poor performance to weakened demand and higher fuel costs. The 1.94 billion yuan loss for the period of July through September is in sharp contrast with the 2.19 billion yuan gain for the same period last year, the company reported in a statement issued on Tuesday. “The performance was impacted primarily by weakened demand in air travel market and highly volatile oil
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