Articles tagged “china eastern”

Delta Air Lines CEO Says China Revenues Are Up Despite Trade Rhetoric

Delta Air Lines CEO Says China Revenues Are Up Despite Trade Rhetoric

Brian Sumers, Skift

Delta Air Lines CEO Ed Bastian is the second U.S. airline CEO in a week to tell Skift the China market is performing fine for passenger demand. Will it last?

6 months ago

Chinese Airlines Hope a Cut in Levies Will Boost Profits

Chinese Airlines Hope a Cut in Levies Will Boost Profits

Dong Lyu, Bloomberg

China’s top three carriers are set for a total savings of $500 million (3.74 billion yuan) after July 1, when the government will slash in half the airlines’ mandatory contributions to a civil aviation investment fund. The country is determined to smooth out a recent downshift in its economic growth.

8 months ago

Is Business Class Heading for an Upgrade?

Is Business Class Heading for an Upgrade?

Brian Sumers, Skift

We know first class is on the way out on routes between the biggest business cities. But do travelers want a better-than-business option at a reasonable price?

11 months ago

Chinese Airlines Show Glimpse of Recovery After Rough 2018

Chinese Airlines Show Glimpse of Recovery After Rough 2018

Bloomberg News

Chinese airlines had a rough 2018 on public markets, but this year is shaping up much better, at least so far. Will the good times last?

11 months ago

Air China’s Ominous Fall

Air China’s Ominous Fall

Jay Shabat, Skift Airline Weekly

Air China is its country’s clear profit champion. But as a new airport soon opens in its home city, its challenges are many.

12 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.

2 years 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.

2 years 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?

2 years 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.

3 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.

3 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.

3 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.

3 years ago