Katie Cantle

Weakening yuan drives Chinese carriers to reduce ratio of US dollar debt
Chinese carriers have reduced US dollar debt ratios on aircraft purchases as the weakening yuan (CNY) continues to impact airlines’ financial performance.
Hainan Airlines A330-200
Hainan Airlines applies to open three UK routes in 2017
China’s Hainan Airlines has applied to the Civil Aviation Administration of China (CAAC) to open three direct routes to the UK in 2017 after a new bilateral agreement took effect in October.
Hainan Airlines Boeing 787-9
Hainan Airlines applies to DOT for two new US routes
China’s Hainan Airlines is applying to the US Department of Transportation (DOT) to open two Sino-US routes—from Chengdu to Los Angeles and New York—as China’s outbound travel continues to grow.
Lucky Air A319
China’s Lucky Air plans to launch LCC in Chengdu
Hainan Airlines’ low-cost subsidiary Lucky Air plans to launch a low-cost carrier (LCC) in the Sichuan Province capital of Chengdu in an effort to explore the market potential of Southwest China.
Chinese carriers accelerate international expansion pace
Chinese carriers have accelerated their international expansion pace as outbound travel continues to grow.
Juneyao Airlines orders 10 Boeing 787-9s
China’s Juneyao Airlines has ordered 10 Boeing 787-9s, a company source confirmed to ATW exclusively on Monday.
Taiwan’s TransAsia shuts down
Taipei-based TransAsia Airways has announced it is shutting down, citing heavy operating losses following two major crashes in 2014 and 2015.
AVIC to launch Guangzhou-based cargo airline
Aviation Industry Corp. of China (AVIC) is planning to launch a cargo carrier soon in an effort to boost sales of the MA600 turboprop freighter.
Chinese startup Longhao Airlines plans to make rapid expansion
Guangzhou-based startup Longhao Airlines expects to receive an air operator’s certificate from the Civil Aviation Administration of China soon and plans to make a rapid expansion after it is launched.
Juneyao Airlines A320
Juneyao Airlines’ net profit up 22% in 3Q
Shanghai-based Juneyao Airlines reported a third-quarter net profit of CNY554.3 million ($83.1 million), up 22% compared to a net income of CNY454.5 million in the year-ago quarter.
Spring Airlines A320
Spring Airlines net profit falls 26% in 3Q
Shanghai-based Spring Airlines posted a third-quarter net profit of CNY429.5 million ($64.4 million), down 26.3% over a net income of CNY582.8 million in the year-ago quarter.
Hainan Airlines 787-9
Hainan Airlines 3Q net profit nearly doubles 
China’s Hainan Airlines reported a third-quarter net profit of CNY1.7 billion ($251 million), nearly doubled from a net income of CNY887.3 million in the year-ago quarter.
China Southern Boeing 787-8
China Southern nearly triples net profit in 3Q 
China Southern Airlines reported a third-quarter net profit of CNY3.3 billion ($495 million), nearly tripled from a net income of CNY1.2 billion in the year-ago quarter.
China, Russia launching JV to design widebody aircraft 
Commercial Aircraft Corp. of China (COMAC) is expected to launch a joint venture with Russia to design and develop widebody aircraft at the end of this year.
China Eastern to become C919 launch customer 
China Eastern Airlines is expected to become the launch customer of the Chinese-produced 150-seat C919, according to a cooperation framework agreement signed at the Zhuhai Air Show Nov. 1.
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