TOKYO, Sept 12 - Japan Airlines Corp is seeking a capital injection of about 50 billion yen ($550 million) from Delta Air Lines, as well as several billion yen from Air France-KLM, Japan's national broadcaster...
HONG KONG, Sept 9 - Air cargo throughput via Hong Kong fell 6.2 percent in August, the smallest monthly decline in a year and imported cargo rose for the first time since May 2008, a...
* Air freight upturn in Q2 continuing in Q3, IATA says * But yields and revenues down in first half * Shipments of semi-conductors seen recovering GENEVA, Sept 3 - Air freight, a leading indicator...
Air China Ltd<601111><0753>, the country's flagship airline, and Hong Kong's largest carrier, Cathay Pacific Airways Ltd<0293>, plan to set up a cargo joint venture in Shanghai this year, Air China Chairman Kong Dong said on Thursday.The move, following Air China's decision to buy a further 12.5% stake in the...
* Air industry body sees weak, volatile recovery in traffic * Both freight and passenger travel recover in July GENEVA, Aug 27 - A recovery in air traffic is under way, according to latest data...
HONG KONG, Aug 27 - Air China <0753.HK> said on Thursday it will set up a Shanghai-based cargo joint venture with Cathay Pacific <0267.HK> this year, further cementing ties after a recent strengthening of their...
Air China Ltd<601111><0753>, the largest carrier in the country by market value, realized a net profit of RMB 2.93 billion in the first six months of this year under the Chinese accounting standards, representing an increase of 151% compared with the same period of last year. The carrier attributed the sharp increase...
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...
The Hong Kong Stock Exchange website disclosed Monday that Air China would buy a 12.5 percent stake of Cathay Pacific for HK$6.335 billion. According to the agreement signed by Air China and Citic Pacific, Citic Pacific sold 491,864,724 Cathay Pacific shares to Air China at HK$12.88 per share. T...
*Cathay Pac 12.5 percent stake priced at $808 million *Parent Swire also buys 2 percent of Cathay for HK$1 bln *CITIC Pacific needs cash after 2008 forex losses *Air China seen creating better synergy with...