Air China Ltd<601111><0753>, the country's second-largest commercial airline, on Tuesday said it estimated that the unaudited first-half profit in 2009 may be up more than 50% year on year, Reuters reported.Air China said in a statement filed with the Hong Kong Stock Exchange that the decrease in...
HONG KONG, July 15 - Two companies controlled by Macau Chief Executive Edmund Ho have sold a combined 1.25 percent stake in financially troubled Air Macau to a unit of China flagship carrier Air China,...
HONG KONG, July 15 - Air China said late on Tuesday it expected to see at least 50 percent year-on-year rise in its profit for the first half of 2009 as fuel costs fell and...
Air China Ltd<601111><0753>, the country's second-largest commercial airline, has applied for the resumption of fuel surcharges on domestic flights in response to high aviation fuel prices, the Shanghai Daily reported. However, which level the fuel surcharges will turn to is still unknown, said Huang Bin,...
BRUSSELS, July 10 - European airlines witnessed another bad month of freight volumes in May with few signs of an upturn, two aviation groups said on Friday. "May was another catastrophic month for air freight,...
GENEVA, July 8 - A new regular air cargo route linking Geneva's Cointrin international airport and China's fast-growing east coast industrial centre of Shenzhen goes into service on Thursday, officials said on Wednesday. An announcement...
VANCOUVER, British Columbia, July 7 - Australia's Qantas Airways Ltd <QAN.AX> has pleaded guilty to participating in a price-fixing conspiracy on air cargo exported on certain routes from Canada between May 2002 and February 2006,...
Air China Ltd<601111><0753>, the country's second-largest commercial airline, on Wednesday said it plans to launch a direct flight linking Beijing and Lhasa starting on July 10, the China Daily reported. Air China said the introduction of the country's first direct flight between the two cities will help boost the...
Shanghai Airlines Co Ltd<600591>, which is in merger talks with China Eastern Airlines Ltd<600115><0670><CEA>, will remain an independent entity and keep its brand after becoming a wholly-owned subsidiary of China Eastern, said Zhou Chi, chairman of Shanghai Air, the Shanghai Daily reported...
* Airbus wraps up air show with 58 orders * Orders down sharply from last year * Industry waiting for upturn in passenger traffic PARIS, June 19 - European planemaker Airbus wrapped up the Paris...