Air China Ltd<601111><0753>, the country's flagship airline, and Hong Kong's largest carrier, Cathay Pacific Airways Ltd<0293>, plan to jointly set up what will be the country's biggest cargo joint venture in Shanghai, the Shanghai Daily reported on Wednesday.Air China will take a 51% stake in the JV, while the...
Air China Ltd<601111><0752>, the country's flag carrier, will increase flight frequencies from Beijing on four domestic routes from Monday to boost its competitiveness in East and South China, the Shanghai Daily reported.Under the plan, Air China will have 24 daily flights each to Shanghai and Hangzhou, the...
U.S.-based financial holding company JPMorgan Chase & Co recently reduced its shareholding in Air China Ltd<601111><0753> to 4.92% from the previous 5.26%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. Information from HKEx showed that JPMorgan on Oct. 15 sold...
Air China Ltd<601111><0753>, the country's flagship carrier, has no plans to further raise its shareholding in Hong Kong's largest carrier, Cathay Pacific Airways Ltd<0293>, a company executive said on Tuesday, sources reported.Rao Xinyu, the director of Air China's investor relations department, said that the...
HONG KONG, Aug 17 - Shares of Cathay Pacific were suspended on Monday, amid talk that one of its major shareholders, Citic Pacific, might sell its stake to another shareholder, Air China. Shares in Air...
Brazil's TAM SA, the country's flagship carrier, announced on Tuesday that it has signed a codeshare agreement with Air China Ltd<601111><0753>, the official Xinhua News Agency reported.Under the agreement, TAM and Air China this month will launch codeshare flights connecting Sao Paulo and Beijing...
Air China Ltd<601111><0753>, the country's second-largest commercial airline, expects to turn a profit in 2009 as the government鈥檚 stimulus package is likely to boost the domestic aviation market, said Kong Dong, chairman of the airline, the Standard Finance reported.Kong said at an aviation conference held in...
Air China Ltd<601111><753>, the country's second-largest commercial airline, plans to invest a total of RMB 30 billion in capital spending in the three years to 2011 as it has no fundraising pressure, Reuters reported.China National Aviation Corp (CNAC), which owns a majority stake in Air China, last year...
HONG KONG, April 22 - Chinese flag carrier Air China sees no fundraising pressure and will spend a total of 30 billion yuan ($4.39 billion) in capital investment in the three years to 2011. China...
Air China Ltd<601111><753>, the country's second-largest commercial airline, said on Tuesday it will continue to lift capacity in 2009 on signs of improvement in its passenger and cargo volumes, Reuters reported.The carrier said it would take delivery of 27 aircraft this year and return eight to 10 leasing aircraft...