All China articles – Page 19
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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 ...
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NewsChina Eastern launches new carrier with C919s and ARJ21s
China Eastern Airlines has unveiled its new subsidiary, OTT Airlines, which will mainly operate Chinese-made aircraft, including Comac’s ARJ21 regional jet, and the C919 narrowbody. OTT, which is wholly-owned by China Eastern, will be based at Shanghai Hongqiao Airport, and will primarily serve the Yangtze River Delta region and other ...
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NewsCoronavirus means air travel demand could fall for first time since 2009: IATA
The coronavirus could cause demand for air travel to fall for the first time since the global financial crisis, with operators in Asia-Pacific hardest hit, according to an initial impact assessment from IATA. Based on a scenario where the coronavirus has a “V-shaped impact” similar to that seen during the ...
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NewsCoronavirus outbreak dents Chinese majors’ January traffic
China’s three largest airlines began the year with falling traffic, amid the growing spread of the novel coronavirus outbreak in the country and around the world. In traffic figures released for January, Air China, China Eastern Airlines and China Southern Airlines all carried fewer passengers, and recorded drops in passenger ...
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NewsUS mulls halting Leap engine sales to C919 programme: reports
The United States is reportedly considering blocking the sale of engines for Comac’s C919 narrowbody programme. Citing unnamed sources close to the matter, Reuters and the Wall Street Journal reported over the weekend that potential restrictions covering CFM International Leap-1C engines for the programme might be accompanied by limits on ...
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Airline BusinessCoronavirus tests fundamental weaknesses in Asia-Pacific airline market
As the coronavirus continues to affect airlines’ networks and demand for passenger travel and freight services, the spotlight is falling on Asia-Pacific’s airlines and their ability to weather the storm.
