Katie Cantle

Chinese carriers’ collective profit climbs 32% in October 
Chinese carriers reported a collective net profit of CNY1.9 billion ($309 million) in October, up 32% compared with the collective net income of CNY1.43 billion in the same period last year.
China Eastern Airlines 777-300ER
China Eastern, Qantas to launch joint venture 
China Eastern Airlines will start new joint venture (JV) with Qantas on certain routes between China and Australia in an effort to boost passenger flow onto their respective international networks.
COMAC wins more orders for C919, ARJ21 
The Commercial Aircraft Corp. of China (COMAC) has received an order for 30 C919s from China Merchants Bank financial leasing arm.
Air China, Air Canada expand partnership 
Air China and Air Canada have signed a memorandum of understanding (MOU) to expand their existing partnership and form a revenue-sharing joint venture to stimulate traffic growth between the two countries.
Chinese lessor Cheung Kong to buy 60 aircraft worth $2.02 billion 
China lessor Cheung Kong Holdings has announced it will pay a $2.02 billion in four transactions for 60 aircraft in an effort to enter the rapidly growing Asian aircraft leasing market.
China’s major carriers post sharp nine-month profit declines 
China’s major carriers all posted sharp profit declines for the first nine months of the year due to exchange losses resulting from yuan depreciation.
Hainan Airlines Boeing 737-800
HNA Group subsidiary Fuzhou Airlines launches formal operations 
Hainan Airlines (HNA) Group subsidiary Fuzhou Airlines has launched formal operations by opening eight routes from Fuzhou to Shanghai (Pudong), Tianjin, Kunming, Chongqing, Xi’an, Taiyuan, Hefei and Haikou as it aims to enhance its position in Southeast China.
Air China 747-8I
Air China’s 9-month net profit falls 22% 
Air China reported net profit of CNY3.16 billion ($515 million) for the first nine months of the year, down 22% compared with net income of CNY4.06 billion in the year-ago period.
Chinese carriers’ collective net profit falls 24% in September 
Chinese carriers reported a net profit of CNY2.2 billion ($358 million) in September, down 24% compared with a net income of CNY2.82 billion in the year-ago month.
China to design new widebody with Russia next year 
The Commercial Aircraft Corp. of China (COMAC) is planning to design a new widebody aircraft with Russia’s United Aircraft Corp. next year, according to COMAC chairman Jin Zhuanglong.
Spring Airlines A320
Spring Airlines receives approval to launch IPO 
Spring Airlines has been approved to launch an initial public offering (IPO) to fund its rapid fleet expansion by the end of the year.
China Southern Airlines A330-300
China Southern approves subsidiary takeover of Hebei Airlines 
China Southern Airlines has approved the takeover of Hebei Airlines by its subsidiary Xiamen Airlines.
Shandong Airlines Boeing 737-800
Shandong Airlines 1H profit drops 43% 
Air China subsidiary Shandong Airlines reported a first-half net profit of CNY46.7 million ($7.6 million), down 43% from net income of CNY82.4 million in the year-ago period.
Air China 747-8I
Air China takes delivery of first Boeing 747-8I 
Air China has taken delivery of the first of seven Boeing 747-8 Intercontinental aircraft, making it the first Asian carrier to introduce the type on international routes.
Hainan Airlines 787
Fuzhou Airlines postpones inaugural flight until end of October 
Hainan Airlines subsidiary Fuzhou Airlines has postponed its inaugural flight until the end of October.

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