Air China Ltd<601111><0753>, the flagship carrier of the country, plans to buy a 12.5% stake in Hong Kong's largest carrier, Cathay Pacific Airways Ltd<0293> for HK$6.3 billion from CITIC Pacific Ltd<0267>, the carrier said yesterday in a statement filed with the Shanghai Stock Exchange.After transaction, Air...
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...
Air China Ltd<601111><0753>, the nation's flagship carrier, will launch regularly scheduled flights across the Taiwan Strait from Aug. 31, said company president Cai Jianjiang, the official Xinhua News Agency reported earlier today.Cai said that the Beijing-based carrier last Thursday obtained a business licenses...
HONG KONG, Aug 17 - Trading in shares of CITIC Pacific Ltd. <0267.HK>, Cathay Pacific Airways Ltd. <0293.HK> and Air China Ltd. <0753.HK> were suspended on Monday pending an annoucement containing price-sensitive information, the Hon...
SEOUL, Aug 14 - South Korea's top airline Korean Air Co <003490.KS> reported on Friday that it swung to a net profit in the second quarter after six consecutive quarters of losses, helped by lower...
SEOUL, Aug 14 - South Korea's top airline Korean Air Co <003490.KS> reported on Friday it swung to a net profit in the second quarter after six consecutive quarters of losses, helped by lower fuel...
Air China Ltd<601111><0753>, the largest carrier in the country by market value, will see around 6.21 billion A shares held by China National Aviation Holding Co and China National Aviation Corp (Group) Ltd become tradable on Aug. 18, 2009, the company said in a statement filed with the Hong Kong Stock...
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...
Gulf Air, Bahrain's national carrier, has achieved record-breaking first week sales of tickets with its five times weekly service to Baghdad, which starts on September 1.
* To push ahead with Shanghai Air merger in H2 * Returns to the black in H1 on fuel-hedging gains * Warns about uncertainties, including H1N1 flu SHANGHAI, Aug 10 - China Eastern Airlines said...