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Katie Cantle

Articles by Katie Cantle
China Southern Airline Airbus A380
China Southern’s 1Q profit plummets 82% 
China Southern Airlines reported a net profit of CNY57 million ($9.16 million) in the first quarter, down 82% compared to net income of CNY319 million in the year-ago quarter.
China Eastern conducts flight with Chinese-produced biofuel 
Air China Boeing 737-800
Air China’s 1Q profit up nearly 4% 
Air China reported a first-quarter net profit of CNY249 million ($40 million), up 3.98% from net income of CNY239.1 million in the year-ago quarter.
Xiamen Airlines to introduce first Boeing 787 in July 2014  2
China Southern Airlines subsidiary Xiamen Airlines plans to introduce its first Boeing 787 in July 2014, as scheduled, to facilitate international expansion plans.
Spring Airlines shifts international focus to Korea, Southeast Asia 
Shanghai-based Spring Airlines has applied to open a new route to Seoul as it shifts focus from Japan to Korea and Southeast Asia.
Chinese carriers report 20% drop in net profit in 1Q 
Chinese carriers reported a first-quarter net profit of CNY1 billion ($160 million), down 20% compared to CNY1.25 billion in the year-ago quarter.
China Southern Airlines Airbus A330-300
China Southern to boost capacity in Australia, New Zealand  3
China Southern Airlines will continue to increase capacity in Australia and New Zealand over the next few years to further explore the market potential of its so-called “Canton route,” despite global economic uncertainties.
Hainan Airlines Airbus A330-200
Hainan Airlines slows down domestic acquisition pace 
Hainan Airlines plans to slow down its domestic acquisition pace to focus more on internal integration as global economic uncertainties increase and domestic economic growth slows.
Beijing cuts domestic fuel prices 5.8%
The Chinese government has lowered domestic jet fuel prices 5.82% to CNY7,871 per ton ($1,256) as international fuel prices fluctuate.
Air China Boeing 777-300ER
Air China’s profit drops 33.8% in 2012 
Air China has reported a 2012 net profit of CNY4.95 billion ($788 million), down 33.8% compared to CNY7.5 billion in 2011, according to a filing released by the Shanghai Stock Exchange.
China Southern’s 2012 profit down 48.2% 
China Southern Airlines reported a 2012 net profit of CNY2.62 billion ($417.4 million), a 48.2% drop from net income of CNY5.08 billion in 2011.
China Eastern’s profit drops 29.8% for 2012 
China Eastern Airlines reported a net profit of CNY3.43 billion ($543 million) in 2012, down 29.8% compared with the net income of CNY4.89 billion in 2011, according to the carrier’s statement released by the Shanghai Stock Exchange.
Hong Kong Airlines Airbus A330-200F
Hong Kong Airlines eyes mainland China, Southeast Asia 
Hainan Airlines subsidiary Hong Kong Airlines is shifting its focus from Western countries to mainland China and Southeast Asian countries.
Sinotrans Air to transfer Grandstar Cargo’s stakes to Uni-Top 
Sinotrans Air Transportation Development Co. plans to transfer its 51% stake in Grandstar Cargo International Airlines to China’s UniTop as Grandstar’s liquidation process begins.
China Eastern Airlines Airbus A321
China Eastern to hasten international expansion pace  1
China Eastern Airlines plans to speed up its international expansion pace this year as international market demand gradually recovers and domestic market demand slows.
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