Katie Cantle

China Eastern to sell 5% stake of Joy Air
China Eastern Airlines has decided to sell its 5% stake in Xi’an-based regional carrier Joy Air for CNY35 million ($5.5 million), due to Joy Air’s consecutive operating losses.
China’s Yuantong Express launches cargo carrier
Yuantong Express formally launched a cargo carrier, Yuantong Airlines, on Sept. 26 with an inaugural Hangzhou-Chengdu flight.
Okay Airways 737-900ER
Okay Airways to launch United Star International Express Airlines
Tianjin-based Okay Airways plans to launch United Star International Express Airlines with ATSG West Limited and three other Chinese partners.
Chinese President Xi Jinping in Seattle.
Major Boeing aircraft order by China, deal on China 737 plant expected
Chinese companies are expected to order 300 Boeing aircraft, and Boeing is poised to announce a 737 manufacturing facility in China.
Shandong Airlines to sell 20% stake in Qingdao Airlines
Air China’s subsidiary Shandong Airlines will sell its 20% stake in Qingdao Airlines for CNY200.8 million (32.8 million).
COMAC wins orders for 10 C919s, 10 ARJ21-700s
The Commercial Aircraft Corp. of China (COMAC) has won orders for 10 150-seat C919s and 10 ARJ21 regional aircraft from Thailand’s City Airways and Industrial and Commercial Bank of China Financial Leasing Co. (ICBC).
Air China A330
Air China to boost direct sales to 50% in 2017
Air China aims to boost direct sales of tickets from 27% to 50% in 2017 as a part of its strategic initiatives to improve its e-commerce platform.
Fourth runway to open in 2018 at Beijing Capital Airport
Beijing Capital International Airport (PEK) plans to open a fourth runway in 2018, according to GM Shi Boli.
China approves HNA subsidiary Guilin Airlines
The Civil Aviation Administration of China (CAAC) has approved HNA Group’s subsidiary Guilin Airlines, which is expected to formally launch by January 2016.
Air New Zealand 787-9
New Zealand approves Air China-Air New Zealand alliance
The New Zealand government has cleared a new alliance between Air China and Air New Zealand.
Juneyao Airlines A320
Juneyao Airlines nearly triples net profit in 1H 
Juneyao Airlines reported a 2015 first-half net profit of CNY517.7 million ($84.5 million, nearly tripled from a net income of CNY195.3 million in the year-ago period.
China Eastern 777-300ER
China Eastern, Delta finalize expanded partnership agreement 
China Eastern Airlines and Delta Air Lines have finalized a partnership agreement unveiled in July to strengthen codeshare cooperation and extend network coverage.
Pacific Campaign 
An improved US economy combined with a loosening of US visa requirements for Chinese visitors is spurring a new drive into the US market by Chinese airlines.
China Southern Airlines Boeing 787-8
China Southern swings to profit in 1H 
China Southern Airlines reported a 2015 first-half net profit of CNY3.48 billion ($567.8 million), reversed from a net loss of CNY1.02 billion in the year-ago period.
Air China’s 1H profit increases more than 700% 
Air China has reported a net income of CNY4.2 billion ($660 million) for the first half of 2015, up 721% over the net profit of CNY510 million for the same period of last year. Operating revenue rose 3.87% to CNY51.9 billion while operating costs increased by 5% to CNY45.2 billion.

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