Air China Ltd<601111><753> and China Eastern Airlines Ltd<600115><670><CEA> last Friday forecasted fuel hedging losses for this year, sources reported.Air China, the country's flag carrier, said in a statement that if the oil price rises 10%, 20% and 30% as compared to the closing price on Dec. 31, 2008, its fair...
State-owned Aviation Industry Corp of China (AVIC), the country's leading aviation manufacturer, signed a strategic cooperation agreement with Beijing municipal government on Monday, the China Business News reported.Under the terms of the agreement, the two sides will jointly set up an engine company...
BEIJING, March 2 - Air China <601111.SS> <0753.HK> Chairman Kong Dong said on Monday it was uncertain whether the country's flag carrier could turn a profit in 2009 and the time was not right for...
BEIJING, March 2 - Air China <601111.SS> <0753.HK> Chairman Kong Dong said on Monday it was uncertain whether the country's flag carrier could turn a profit in 2009 and the time was not right for...
Mar. 2, 2009 (China Knowledge) - Shanghai Airlines Co Ltd<600591>, the city's second-largest carrier, will raise nearly RMB 1 billion by issuing non-public shares to its third-largest shareholder, Jin Jiang International Holdings Co Ltd, sources reported on Friday.
SHANGHAI, Feb 26 - China Eastern <0670.HK> <600115.SS> has agreed to sell a 35 percent stake in regional carrier Joy Air Co Ltd to Aviation Industry Corp of China (AVIC), China Eastern Chairman Liu Shaoyong...
SHANGHAI, Feb 26 - China Railway Group Ltd <0390.HK><601390.SS>, the country's biggest railway and highway builder, said on Thursday it had won contracts worth 22.62 billion yuan ($3.3 billion). The award is among the biggest...
Feb. 24, 2009 (China Knowledge) - On Saturday China launched the construction of the Chengdu-Lanzhou Railway, which connects Sichuan and Gansu provinces.
Feb. 24, 2009 (China Knowledge) - Yingkou Port Liability Co Ltd<600317> signed a RMB 5 million loan contract with the local branch of Bank of China (BOC)<601988><3988>, the nation's second-largest lender, in a bid to fund its acquisition of the berth assets of Yingkou Port Group Corp, sources reported.
HONG KONG, Feb 25 - Shenzhen Expressway <600548.SS> <0548.HK> said late on Tuesday it planned to issue up to 3 billion yuan ($438.8 million) worth of debentures in the mainland in a bid to replenish...