Katie Cantle

China’s Nanshan Group to buy 20% Virgin Australia stake 
China’s privately run Nanshan Group has purchased a 19.98% stake in Virgin Australia from Air New Zealand.
China Eastern Airlines
China Eastern set to open new European routes 
China Eastern Airlines is set to open four European routes from Shanghai to Amsterdam, Madrid, Prague and St. Petersburg, Russia, during the week of June 21.
China’s Sichuan Airlines orders 15 A320s 
Chengdu-based Sichuan Airlines has ordered 15 Airbus A320 aircraft, valued at CNY9.6 billion ($1.46 billion) at list prices, to meet the fast-growing Chinese market demand.
Chinese carriers’ net profit jumps 75.1% 
Chinese carriers reported a collective net profit of CNY32.03 billion ($4.86 billion) in 2015.
China’s HNA Group to buy 13% stake in Virgin Australia 
China’s HNA Group is expected to make an investment of A$159 million ($114 million) to buy a 13% stake in Virgin Australia for A$0.3 per share in an effort to enhance its position in the fast growing Sino-Australia market.
CAAC approves launch of Guangdong Longhao Airlines 
The Civil Aviation Administration of China (CAAC) has formally approved the launch of Guangzhou-based Guangdong Longhao Airlines.
China’s Hongtu Airlines launches inaugural Kunming-Nanchang service 
Kunming-based Hongtu Airlines has launched its inaugural flight—Kunming-Nanchang service—after the Civil Aviation Administration of China loosened its grip on approving new entrants into the domestic airline industry.
China’s Ruili Airlines orders six Boeing 787-9s 
Kunming-based Ruili Airlines has ordered six Boeing 787-9 aircraft, in a deal valued at $1.54 billion at list prices.
Value Alliance members
Eight Asia-Pacific low-cost carriers form alliance  2
Eight Asia-Pacific low-cost carriers (LCCs) have formed a new standards-based collaborative marketing group, using the IATA New Distribution Capability (NDC) digital interoperability standard.
Juneyao Airlines to establish a branch company in Jiangsu 
Shanghai-based Juneyao Airlines is expected to establish a branch company in the Jiangsu province to further explore the East China market.
Hainan Airlines’ 1Q net profit up 56% 
China’s Hainan Airlines reported a first-quarter net profit of CNY1.44 billion ($216 million), up 56% over net income of CNY921.2 million in the year-ago quarter.
China’s big three carriers report big 1Q profit increases 
China’s big three carriers—Air China, China Southern and China Eastern—have all reported big first-quarter profit increases as a result of stable market demand growth and lower fuel prices.
Spring Airlines A320
Spring Airlines posts net profit in 1Q 
China’s Spring Airlines earned a first-quarter net profit of CNY366.68 million ($56.7 million), up 44% over a net income of CNY254.32 million in the year-ago quarter.
Spring Airlines A320
China’s Spring Airlines reports 50% profit increase in 2015 
China’s Spring Airlines reported a net profit of CNY1.33 billion ($205 million) in 2015, up 50% over a net income of CNY884.2 million in 2014.
HNA Group subsidiaries accelerate international expansion pace 
China’s Hainan Airlines parent HNA Group subsidiaries Tianjin Airlines and Beijing Capital Airlines will accelerate their international expansion pace to explore the fast-growing outbound travel market.
Blogs & Commentary
Jul 29, 2016

ANZ safety video: what you think

Last week I asked your opinion on the latest Air New Zealand safety video, which I thought lost the plot. In fact, I asked if this was the worst safety video ever produced?...More
Jul 22, 2016

The big divide between airlines & Wall Street: PRASM

Sluggish PRASM performance is keeping US airline stock prices low....More
ATW On-Location

Click here to read ATW On-Location from Farnborough Airshow 2016 and other events