Articles tagged “air china”

Chinese Airlines Hit With Rising Costs Due to U.S. Trade Quarrel

Chinese Airlines Hit With Rising Costs Due to U.S. Trade Quarrel

Kyunghee Park and Dong Lyu, Bloomberg

The Chinese yuan has depreciated 5 percent against the U.S. dollar, making airline purchases of aircraft and payments of debts and leases costlier. Don't expect bold moves from them until the prospect of a trade war fades.

2 months ago

Airlines Fear Tariffs Will Stoke a U.S.-China Trade War

Airlines Fear Tariffs Will Stoke a U.S.-China Trade War

Brian Sumers, Skift

President Trump probably didn't consult many airline executives before announcing his China tariff plan. Airlines could be losers if this spurs a trade war.

5 months ago

China’s Three Largest Airlines Will Benefit From a New Ability to Raise Fares

China’s Three Largest Airlines Will Benefit From a New Ability to Raise Fares

Dong Lyu, Bloomberg

Eased regulation on the ability of Chinese airlines to raise fares is injecting some new confidence into their trajectories. Some key routes are likely to get much more profitable.

7 months ago

China Pays Airlines Billions of Dollars to Fly Tourists Around the World

China Pays Airlines Billions of Dollars to Fly Tourists Around the World

Bloomberg News, Bloomberg

Chinese carriers aren't the first to receive government subsidies and they certainly won't be the last, but that doesn't mean the tactic represents a credible long-term plan.

8 months ago

Qatar Air Spends $662 Million on Stake in Cathay Pacific

Qatar Air Spends $662 Million on Stake in Cathay Pacific

Kyunghee Park, Bloomberg

Given Cathay Pacific's recent struggles, airline investors had been pushing for a merger with rival (and shareholder) Air China. Qatar Airways' surprise investment means Cathay's independence will likely be preserved, at least in the short term.

9 months ago

Air China Says More Chinese Travelers Are Being Denied U.S. Visas

Air China Says More Chinese Travelers Are Being Denied U.S. Visas

Brian Sumers, Skift

There's no public data here, so it's hard to know how much of an issue this is. But generally, inbound tourism to the United States is important, so if fewer visas are being granted, it's probably not good for American businesses.

12 months ago

Cathay Pacific Needs to Do Something Drastic to Win Back Customers

Cathay Pacific Needs to Do Something Drastic to Win Back Customers

Bloomberg

Competition from mainland China means that Cathay Pacific's Hong Kong location is no longer a major asset. If its fortunes continue to decline it will surely emerge as a takeover target for shareholder Air China.

1 year ago

China’s Big Three Airlines Set to Report Biggest Combined Profit Since 2010

China’s Big Three Airlines Set to Report Biggest Combined Profit Since 2010

Bloomberg News

It's hard to believe, considering Chinese airlines transported nearly half a billion customers last year. But the nation's big three airlines still have plenty of room to grow.

1 year ago

North Korean Airline Begins New Service to China

North Korean Airline Begins New Service to China

Associated Press

Given the current geopolitical climate, we wonder how in demand this route will be.

1 year ago

Column: Boeing Likely Can Withstand a U.S.-China Trade War

Column: Boeing Likely Can Withstand a U.S.-China Trade War

David Fickling, Bloomberg

Yes, it's true that Boeing will probably be OK no matter what the Trump Administration does. But the company would probably much prefer that U.S. and China maintain friendlier relations.

2 years ago

Chinese Airlines’ Low Fares Dealing Blow to Legacy Carriers on Long-Haul Flights

Chinese Airlines’ Low Fares Dealing Blow to Legacy Carriers on Long-Haul Flights

Angus Whitley and Kyunghee Park , Bloomberg

China's biggest carriers have opened scores of long-haul routes in recent years and have improved business class. The only thing holding them back could be an expected jump in fuel prices. Between Chinese airlines' inroads and looming transatlantic moves by Norwegian, with an assist by Ryanair, U.S. legacy carriers could face significant challenges.

2 years ago

New Agreement More Than Doubles Number of Allowed Flights Between UK and China

New Agreement More Than Doubles Number of Allowed Flights Between UK and China

Brian Sumers, Skift

China is a long way from being an open market, but for carriers in China and the UK, this is welcome news. And since it means more flights, and more competition, it could lead to sightly lower fares.

2 years ago