All China articles – Page 18
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NewsIATA pushes airline recovery to 2024 amid ‘surprisingly weak’ restart
Demand for air travel is unlikely to reach 2019 levels until 2024, according to revised figures from IATA, which cites “unexpectedly weak” traffic during the current restart of services.
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OpinionWhy Comac is playing long game with ARJ21
Measuring the success of China’s first domestically developed regional jet is not as easy as it seems.
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Airline BusinessAir freight market goes into overdrive
While passenger airlines have heavily reduced their services over recent weeks, the air cargo market has gone into overdrive as a result of the coronavirus pandemic.
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NewsCAAC warns that air traffic return will be slow
While some capacity has been restored for Mainland China flights, it is likely to remain low for the foreseeable future. In its monthly update, the Civil Aviation Administration of China (CAAC) states that “the volume of flights…may continue to to operate at low levels in the future”, as the ...
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NewsChina Southern beefs up Beijing Daxing capacity
China Southern Airlines aims to move its entire Beijing operations to the capital city’s new Daxing International airport by March 2021. In an update, China Southern states that from 12 April to 2 May, it will move an additional 50% of its flights from Beijing Capital to Beijing Daxing. ...
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NewsWuhan airport reopens after months-long lockdown
Wuhan’s airport has reopened for operations, ending more than two months’ of inactivity due to the coronavirus outbreak. On 8 April , the Wuhan Tianhe International Airport reopened to a reduced schedule of domestic flights, as Chinese carriers gradually resumed flying to the epicentre of the outbreak. It ...
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NewsAir China warns of 'short term' loss from outbreak
Air China has joined a growing list of airlines in warning of an operating loss “in the short term”, as the coronavirus outbreak continues to wreak havoc. Discussing the outlook for 2020 in its full-year results, the Air China group noted the impact that the outbreak — which originated ...
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NewsAir China 2019 profit inches up 2.1%
Lower expenses, coupled with more passengers carried, helped push Air China’s 2019 operating profit slightly higher. It posted a full-year profit of CNY14.6 billion ($2.06 billion) for 2019, an increase of 2.1% compared to the previous year. Group revenue for the year fell marginally — at about 0.4% ...
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NewsChina Eastern sees ‘significant uncertainty’ in 2020
China Eastern Airlines enjoyed a boost in operating and net profit last year while strengthening its cash position, but the coronavirus pandemic is creating “significant uncertainty” in 2020. The Shanghai-based carrier’s operating profit gained 8.3% to CNY10 billion ($1.4 billion) for the year ended 31 December 2019. Net profit increased ...
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NewsChina Southern’s full-year profit up 23%
China Southern Airlines saw growth in its revenues and operating profit last year, although its net profit declined and its cash position took a substantial hit. The Guangzhou-based carrier’s operating profit for the year ended on 31 December 2019 grew 22.9% to CNY10.8 billion ($1.5 billion). Revenue was up 7.4% ...
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PodcastAirline Business podcast: Latest IATA impact assessment plus Asia-Pacific focus
Graham and Lewis talk through the latest figures and thoughts from IATA as airlines across the world ground their fleets in response to the coronavirus outbreak.
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NewsChinese carriers’ February traffic collapse amid pandemic hit
February was a difficult month for China’s three largest carriers as the country battled the coronavirus outbreak and was the subject of travel restrictions globally. In traffic results released on 18 March, each carrier saw capacity and load factors collapse, both domestically and internationally. As with January’s traffic results, ...
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NewsEHang partners with Seville to launch urban air mobility initiative
Chinese electric vertical take-off and landing (eVTOL) aircraft developer EHang has joined forces with the Spanish city of Seville to develop and launch the country’s first urban air mobility (UAM) service.
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NewsGAMECO clinches FAA approval for Daxing line maintenance
Chinese MRO GAMECO has received approval from the US Federal Aviation Administration (FAA) to provide line maintenance at Beijing Daxing airport. The company received FAA’s approval of operations specifications D107 on 3 March, it states. It comes after it passed the FAA’s series of audits in January. “This approval will ...
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NewsHainan signs avionics MRO contract with Aviage Systems
Aviage Systems has inked a three-year contract to provide Hainan Airlines avionics MRO services for its fleet of Boeing 787s. The contract, a first between both parties, covers the inspection, repair and overhaul service of the 787’s integrated modular avionics components. It comes as Aviage Systems received certification from the ...
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NewsChina aviation sector takes CNY24.6 billion coronavirus hit
The Chinese civil aviation sector lost about CNY24.6 billion ($3.52 billion) in February because of the coronavirus outbreak. Chinese carriers took the lion’s share of the losses. making up about CNY 21 billion, according to a China Daily report, citing data from the Civil Aviation Administration of China (CAAC) ...
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NewsComac opens second ARJ21 production line
Comac has ramped up production of its ARJ21 regional jet after opening a second production line at Shanghai’s Pudong International airport. The new production line is located at the Comac final assembly centre in Pudong, the same facility where C919 is assembled. Plans for the second production line ...
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NewsChina announces measures to give aviation industry fillip
China has rolled out a raft of measures – from financial support to infrastructure investments – for the country’s aviation industry, which has been hit by the coronavirus outbreak. In total, the Civil Aviation Administration of China (CAAC) announced 16 measures, all of which are aimed at “promoting the stable ...
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NewsEASA certifies CALC MRO arm for narrowbody line maintenance
China Aircraft Leasing (CALC)’s MRO unit has been certified by European Union Aviation Safety Agency (EASA) to provide line maintenance services for the Airbus A320 family as well as the Boeing 737NG. FL ARI’s EASA Part 145 certification comes about half a year after it received certification from Chinese aviation ...
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NewsHNA Group appeals for government help amid heightened liquidity risk
Hainan Airlines’ parent company, the HNA Group, has requested the Hainan provincial government to set up a working group to look into its risk management efforts. HNA states that it has faced increased liquidity risk of late, in light of the coronavirus outbreak, and was unable to manage the risks ...