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...The bloc faced threats of retaliatory measures from countries including China and the US when it proposed including long-haul flights departing from Europe in the emissions trading scheme when it was first...
...Since the C919’s inaugural commercial flight in May last year, only five aircraft have come into service domestically, all of them delivered to majority state-owned China Eastern Airlines....
...Last week, Air China forecast a net loss of up to Rmb1.3bn for 2023, while China Southern Airlines said it expected to lose as much as Rmb4.7bn in the same period....
...Air China forecast a net loss between Rmb900mn and Rmb1.3bn for last year, while China Southern Airlines said it expected a Rmb3.5bn to Rmb4.7bn loss....
...created by electric vertical take-off and landing, or eVTOL, aircraft is forecast to be worth $1.5tn a year by 2040 in a base-case assessment by Morgan Stanley analysts, with potential customers across airlines...
...Given three of the largest carriers, Air China, China Southern Airlines and China Eastern Airlines, are also state-owned, the savings could end up being much bigger....
...The airline posted net profit of HK$9.8bn (US$1.3bn) for the year on Wednesday, breaking a three-year streak of losses including a HK$6.6bn loss in 2022....
...“Look at the investment China is making, and in Japan with really fast trains,” he says....
...equipment provider led losses on the region-wide Stoxx 600 index, dropping 15 per cent in early trading after the company reported disappointing first-quarter sales and weak demand in China....
...Antony Blinken: The US secretary of state will arrive in China for a three-day visit....
...Gary Chan, a local pro-Beijing lawmaker, was among those who saw his flight to mainland China cut this week. It would be “difficult not to foster distrust towards” the airline, he lamented....
...China Southern Airlines also logged losses....
...Still, airlines are not the sector to set hearts beating. Funds raised were piddly even without being compared with Arm’s near $5bn....
...Until then, China will remain a large market for both Airbus and Boeing....
...his staff in China “go to airlines and try to negotiate rates”....
...“This event is unlikely to help Boeing’s case in China, where the government has yet to approve the delivery of more new Max aircraft for Chinese airlines,” noted Rob Stallard of Vertical Research Partners...
...US regulators will investigate a new mishap involving a Boeing aircraft after a piece of engine housing fell off a Southwest Airlines plane....
...Several airline carriers, including American Airlines and Southwest Airlines also report, as do Comcast, Northrop Grumman and Intel....
...US regulators will investigate a new mishap involving a Boeing aircraft after a piece of engine housing fell off a Southwest Airlines plane yesterday....
...China is the world’s single largest market for airline lessors, according to aviation consultancy Cirium, with almost 20 per cent of their global portfolio leased to operators within the country, and it...
...US Treasury secretary Janet Yellen is set to meet China’s vice-premier He Lifeng in San Francisco this week ahead of a summit between the countries’ leaders at the Asia-Pacific Economic Cooperation forum...
...Then there is China, a large buyer of 737 Max aircraft....
...Economic indicators: The People’s Bank of China announces its loan prime rate and South Korea releases consumer confidence data for February....
...Global demand for products from these platforms is causing capacity shortages at airlines and freight forwarders, and raising airfreight costs....
...Cathay Pacific recorded its highest annual profit since 2010 as the Hong Kong airline enjoyed a surge in demand following the end of pandemic restrictions....
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