Articles tagged “china southern airlines”

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.

7 months ago

China Tells Airlines to Ban Smoking in Cockpits During Flights

China Tells Airlines to Ban Smoking in Cockpits During Flights

Kyunghee Park, Bloomberg

Cigarettes are cheap in China, where the average cost for a pack is $1.50. Shamefully, they're sold by a state-backed monopoly. Widespread smoking is a public health crisis. We salute the ban on flight crews and pilots from smoking in plane cockpits, where the air is confined.

9 months ago

Qatar Airways Buys 5 Percent Stake in China Southern

Qatar Airways Buys 5 Percent Stake in China Southern

Bloomberg

Qatar Airways looks like it will continue with its airline investment strategy over the course of 2019. We should expect similar announcements during the coming months.

10 months ago

China Southern Quits Skyteam Airline Alliance

China Southern Quits Skyteam Airline Alliance

Bloomberg

Are we witnessing the end of airline alliances? Carriers across the world seem to think there are now better ways to co-operate.

11 months ago

Boeing Risks Becoming a Casualty in the U.S.-China Trade War

Boeing Risks Becoming a Casualty in the U.S.-China Trade War

Bloomberg

Boeing has sought to avoid becoming caught in the trade fight between the U.S. and China, but Xiamen Airlines is in early-stage talks with Airbus, sources say. That doesn't bode well for Boeing.

12 months ago

China Southern Explores Joint Venture With British Airways

China Southern Explores Joint Venture With British Airways

Benjamin Katz, Bloomberg

Looks like the Chinese aviation market is still on track to become a dominant global force over the next few years.

1 year 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

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.

2 years ago

Airbus Lands China Southern Deal for up to $6 Billion

Airbus Lands China Southern Deal for up to $6 Billion

Dong Lyu, Bloomberg

China Southern shows an enormous appetite for buying aircraft. It may buy about 300 planes by 2020, bringing its total to 1,000. That's more than American Airlines is expected to own by then.

2 years ago

American Airlines’ Stake in China Southern Airlines Is Now Official

American Airlines’ Stake in China Southern Airlines Is Now Official

Associated Press

Although the stake is minor, it gives American access to a market that many U.S. carriers are vastly behind in penetrating.

3 years ago

Chinese Airlines Still Report Massive Foreign-Exchange Losses

Chinese Airlines Still Report Massive Foreign-Exchange Losses

Benny Kung and Kyoungwha Kim, Bloomberg

Most of China's airlines receive substantial government help, so they can weather any foreign-exchange related losses.

3 years ago

Airbus Gets $2.27 Billion China Southern Airline Plane Order

Airbus Gets $2.27 Billion China Southern Airline Plane Order

Anand Krishnamoorthy, Bloomberg

It appears that Airbus got the short end of the stick as China Southern Airlines said last week that it's buying more than a hundred Boeing 737s in comparison to its order of 10 Airbus A330s. Both companies are battling to win market share in China which is forecast to become the world’s biggest market for air travel and passenger airplanes.

4 years ago