Feb. 20, 2009 (China Knowledge) - market value, said that it will not increase last year's fuel hedging positions and it will try to cut last year's significant losses, the official China Securities Journal reported, citing the carrier's vice president Fan Cheng as saying.nAccording to the company's earlier statement, Air...
Air China Ltd<601111><753>, the largest carrier in the country by market value, will issue RMB 3 billion medium-term notes on the interbank market on Feb. 26, the Shanghai Securities News reported. The Chinese carrier said in a statement that this batch of notes will be issued at the face value and the coupon...
Feb. 19, 2009 (China Knowledge) - Macau, one of the two special administrative regions (SAR) of China, attracted 4.9 million tourists in 2008, 15.8% more than last year, according to statistics from Macau's Statistics and Census Service (DSEC), sources reported.
Feb. 19, 2009 (China Knowledge) - The Aviation Industry Corp of China (AVIC), the country's leading aviation manufacturer, Wednesday launched an aircraft production company in Xi'an, the capital city of northeast Shaanxi Province, the China Daily reported.
Feb. 19, 2009 (China Knowledge) - China National Tourism Administration (CNTA) says it has chosen 113 additional international travel agencies to operate Taiwan routes, sources reported.
Feb. 18, 2009 (China Knowledge) - The Hong Kong Transport and Housing Bureau (THB) said that four banks have submitted bids for loans for the Hong Kong-Zhuhai-Macau Bridge project and that the bidding is now closed, the National Business Daily reported.
Feb. 18, 2009 (China Knowledge) - Carlson Hotels Worldwide, one of the world's largest hotel companies, signed a management agreement with a local real estate developer, Shenyang New Times Hotels Company, to open a new Radisson Plaza hotel in the CBD area of Shenyang, the capital city of Liaoning Province, sources reported.
Feb. 17, 2009 (China Knowledge) - Shenzhen Airlines, China's fifth largest airline group, posted RMB 26 million in profits last year despite the weak demand amid the global financial crisis, sources reported.
Feb. 17, 2009 (China Knowledge) - State-owned Agriculture Bank of China (ABC) has recently signed a cooperative agreement with China Eastern Airlines<600115><670><CEA>, the nation's third biggest carrier, to grant the air carrier a credit line of RMB 15 billion, sources reported.
Feb. 17, 2009 (China Knowledge) - Rizhao Port Co Ltd<600017> will issue A-shares to institutional investors in a bid to raise up to RMB 1.25 billion in funds, sources reported.