Katie Cantle

China’s YTO Express receives approval to launch cargo carrier 
China’s YTO Express has received approval from the Civil Aviation Administration of China (CAAC) to launch a cargo carrier in the fast-growing domestic express delivery market.
China Eastern Airlines A321
China Eastern predicts 1H net income to drop 90% 
China Eastern Airlines expects to report first-half net income of less than CNY50 million ($8.1 million), down 90% from net profit of CNY763 million in the year-ago period.
Air China Boeing 737-700
Air China predicts 1H net profit to drop over 55% 
Air China expects its first-half net profit to plummet 55% to 65% compared with the net income of CNY1.12 billion ($182 million) in the year-ago period.
China Southern Airlines A330-300
China Southern reports 1H net loss 
China Southern Airlines has reported a first-half net loss of CNY900 million to CNY1.1 billion ($146 million to ($178 million) compared with a net loss of CNY302 million in the year-ago period.
Hong Kong Airlines A330-300
Hong Kong Airlines restarts IPO launch 
Hainan Airlines’ subsidiary Hong Kong Airlines has restarted its plan to launch an initial public offering (IPO) on the Hong Kong Stock Exchange to raise approximately $500 million for fleet expansion, an industry insider confirmed to ATW.
Air China Boeing 737-700
Air China, Lufthansa expand strategic partnership 
Air China and Lufthansa have signed a memorandum of understanding (MOU) to extend their existing partnership and form a commercial joint venture (JV).
China Eastern Airlines A321
China Eastern converts subsidiary China United Airlines into LCC 
China Eastern Airlines has transformed its wholly owned subsidiary China United Airlines into a low-cost carrier (LCC), becoming become the first state-owned carrier to do so.
Tianjin Airlines Embraer E-190
Hainan Airlines subsidiary Tianjin Airlines to receive capital injection 
Hainan Airlines is expected to inject CNY980 million ($159.2 million) into subsidiary Tianjin Airlines in an effort to increase Tianjin’s competitiveness.
Air China Cargo Boeing 747-400F
Air China Cargo to receive capital injection 
Air China and Cathay Pacific Airways are expected to increase capital contributions to their cargo joint venture (JV) Air China Cargo.
CAAC approves Longjiang Airlines launch 
The Civil Aviation Administration of China (CAAC) has approved the launch of Longjiang Airlines in Northeast China.
Analysis - Growing Prosperity 
"In the next five-to-10 years, China will embrace an explosive growth period for low-cost carriers,” Hainan Airlines’ low-cost subsidiary Hong Kong Express president Ma Zhimin noted earlier this year.
Chinese carriers narrow net losses in May 
Chinese carriers have reported a collective net loss of CNY500 million ($81.2 million) in May, narrowed from a net loss of CNY641 million in the same period last year.
China Southern Airlines A330-300
China Southern to launch Shanghai branch 
China Southern Airlines has launched a branch company in Shanghai to further explore China’s business capital market.
Boeing 737 MAX
China Eastern orders 80 Boeing 737 series aircraft 
China Eastern Airlines has signed a deal for 80 Boeing 737 series aircraft, which includes 737 MAXs and 737-800s.
Spring Airlines A320
Spring Japan postpones inaugural flight 
Spring Airlines’ low-cost subsidiary Spring Japan has postponed its inaugural flight to Aug.1 due to “inadequate preparation work,” according to a Spring spokesperson.

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