Articles tagged “china eastern”

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.

11 months ago

Chinese Airlines Are Shifting Focus to Domestic Routes to Follow Passenger Demand

Chinese Airlines Are Shifting Focus to Domestic Routes to Follow Passenger Demand

Dong Lyu, Bloomberg

China's state airlines were eager to flex their muscles overseas during the past few years but perhaps those route expansions were too aggressive or premature as most travel in China is still domestic.

1 year ago

Richard Branson Sold Virgin Atlantic as Competitors Like Norwegian Usurped Its Role

Richard Branson Sold Virgin Atlantic as Competitors Like Norwegian Usurped Its Role

Chris Bryant, Bloomberg

Virgin Atlantic may have taken a step back as transatlantic competitors surged but the airline has one asset that everyone wants: those slots at Heathrow. Meanwhile, what does it say about Delta's joint venture with Virgin Atlantic if the latter still finds itself in such a weak position?

1 year ago

Qantas Benefits From Competitive Chinese Airfares

Qantas Benefits From Competitive Chinese Airfares

Angus Whitley and Matthew Winkler , Bloomberg

As low-cost carriers consider growth, especially in the Asia-Pacific region, more established airlines like Qantas are placing more attention on their domestic routes instead.

2 years 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.

2 years 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

China’s Rapid Airline Growth Is Causing Record Airport Delays

China’s Rapid Airline Growth Is Causing Record Airport Delays

Kyunghee Park, Bloomberg

China's flight delays are likely the result of growing pains as major Chinese carriers expand their fleets, new airports open and existing airports expand. In many cases, these delay times aren't as long as those for U.S. carriers, for example.

3 years ago

Ctrip to Take Stake in China Eastern Airlines for $463 Million

Ctrip to Take Stake in China Eastern Airlines for $463 Million

Bloomberg

It looks like Ctrip will forge a very preferential relationship with China Eastern now that the online travel agency is investing in the airline so it can finance aircraft purchases. This could also go a long way in straightening out Ctrip-controlled Qunar's frayed relationship with the airline.

3 years ago

Delta’s Partnership via Equity Strategy Takes an $81 Million Hit in Brazil

Delta’s Partnership via Equity Strategy Takes an $81 Million Hit in Brazil

Dennis Schaal, Skift

When airlines such as Delta and Etihad opt to make investments in partner airlines around the globe instead of making acquisitions, which can trigger regulatory hassles, the investor carriers are going to be subject to economic turmoil in partners' domestic markets. That just goes with the territory.

3 years ago

China Eastern Becomes Third Major Airline to Pull Its Flights From Qunar

China Eastern Becomes Third Major Airline to Pull Its Flights From Qunar

Dennis Schaal, Skift

Ctrip didn't realize the extent of the problem it would inherit with its acquisition of Qunar given the latter's disputes with China's largest airlines. The direct-booking wars are acute in China, where the government has called on the airlines to sell half of their tickets on their own websites by 2018.

3 years ago

China’s Big Three Airlines Weighed Down By $2.5 Billion Currency Hit

China’s Big Three Airlines Weighed Down By $2.5 Billion Currency Hit

Clement Tan, Bloomberg

China's devaluation of the yuan meant that the Big Three state-owned airlines couldn't take full advantage of falling fuel prices.

3 years ago