Katie Cantle

China’s Spring Airlines’ 1H profit climbs 129% 
Shanghai-based low cost carrier Spring Airlines has reported a net profit of CNY619.5 million ($97 million) for the first half of 2015, up 129% over the CNY270.8 million for the same period the previous year.
Australia approves China Eastern-Qantas tie-up 
Australia’s Competition and Consumer Commission (ACCC) has dropped its previous opposition against China Eastern’s planned alliance with Qantas, giving the carriers the green light to coordinate pricing and scheduling.
AVIC MA700 model aircraft stands on display
China’s AVIC receives 185 orders for the MA700  1
The Aviation Corp. of China (AVIC) has received 185 orders for the Chinese regional turboprop MA700 from 11 customers.
China Eastern A330-300
China Eastern orders 15 A330s; reports sharp rise in 1H profit 
China Eastern Airlines has placed an order for 15 Airbus A330s in a deal worth $3.63 billion at list prices.
Hainan Airlines Boeing 737-800
Hainan Airlines more than triples net profit in 1H 
Hainan Airlines reported a first-half net profit of CNY1.6 billion ($261 million), more than tripled from a net income of CNY482.6 million in the year-ago half.
Chinese carriers to accelerate Japanese market expansion 
Chinese carriers are accelerating their expansion into the Japanese market following an increased traffic rights agreement between the two countries.
Chinese carriers keen on African market expansion 
The Chinese government has implemented a strategy for domestic carriers to expand into the African market.
Qingdao Airlines to sell 25% stake 
Qingdao Airlines is expected to sell its 25% stake owned by Qingdao Transport Development Group for CNY251 million ($40.4 million) in an effort to become fully privatized.
Xiamen Airlines 787-8
China’s Xiamen Airlines begins long-haul services to Amsterdam 
China’s Xiamen Airlines has launched international long-haul services to Amsterdam from Xiamen and plans to open new services to Sydney at the end of the year as it picks up its international expansion pace.
Air China Boeing 737-700
Air China raising funds to buy 787s, predicts 1H net profit to soar 
Air China plans to raise no more than CNY12 billion ($2 billion) by circulating non-public 994 million shares to purchase 15 Boeing 787 aircraft.
Spring Airlines A320
Spring Airlines to raise funds for fleet expansion  1
Spring Airlines plans to raise CNY4.5 billion ($735 million) to expand its Airbus A320 fleet.
Juneyao Airlines A319
China's Juneyao seeks to raise funds for fleet expansion 
Juneyao Airlines is expected to circulate no more than 58 million class A shares to collect CNY3.565 billion ($574 million) to fund fleet-expansion initiatives.
China Eastern Airlines A300-200 in SkyTeam livery.
China Eastern to report huge 1H profit increase 
China Eastern Airlines is expected to report a first-half net income of CNY3.5 billion to CNY3.7 billion ($571 million to $604 million), up significantly over the net profit of CNY14 million in the year-ago period, according to a carrier forecast statement released by the Shanghai Stock Exchange.
Chinese carriers accelerate capacity growth  1
Chinese carriers have accelerated capacity growth after introducing 158 aircraft in the first half to meet market demand.
China Southern Airlines Boeing 787-8
China Southern predicts a huge profit turnaround in 1H 
China Southern Airlines is expected to make a big turnaround in the first half, according to a statement released by Shanghai Stock Exchange.

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