INCHEON, South Korea, Nov 5 - Heads of members of a major airline alliance including Korean Air and Delta Airlines expressed some optimism about the industry's recovery but noted uncertainties from the H1N1 flu virus...
U.S.-based financial holding company JPMorgan Chase & Co has again assigned a rating of "buy' for H shares of Air China Ltd<601111><0752>, the nation's flagship carrier, sources reported. JPMorgan said in a statement that Air China has achieved a better-than-expected performance for the third quarter of this...
SHANGHAI/HONG KONG, Nov 2 - Air China will hold 51 percent of a cargo venture with Cathay Pacific which it hopes to finanlise in the first half of next year, a Chinese airline executive said...
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 flagship carrier, Tuesday said the company has returned to profit in the third quarter of this year, thanks to fuel-hedging gains and a warming-up of the domestic air travel market since the beginning of this year.The Beijing-based carrier's net profit in the third quarter...
China South Air announced Oct. 27 that its January-to-September net profit soared 134.22 percent to 322 million yuan compared with the same period a year ago. "The company's return to profitability is mainly due to reviving the domestic airline industry, increasing business revenue as well as dec...
SYDNEY, Oct 28 - Australia's competition regulator has started court action against Thai Airways International <THAI.BK> as part of an ongoing investigation into alleged price fixing in the air cargo industry. The Australian Competition and...
HONG KONG, Oct 28 - Shares of Air China <0753.HK>, China's flag carrier, rose 3 percent on Wednesday after the company's earnings returned to the black in the third quarter. Air China's <601111.SS> Hong Kong-listed...
LG Electronics, a leading innovator of air conditioners, has launched a new range of air purifiers that combine effectiveness, convenience, portability and quiet operation.
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...