Katie Cantle

China Eastern 777-300ER
China Eastern expects 2014 profit to rise 40%-60% on lower fuel costs 
China Eastern Airlines expects its 2014 net profit to rise 40% to 60% compared to 2013, due to lower fuel prices, according to a carrier statement released by the Shanghai Stock Exchange.
COMAC C919 model
COMAC wins 20 orders for C919 from Huaxia Financial Leasing 
The Commercial Aircraft Corp. of China (COMAC) has received an order for 20 C919s from Huaxia Financial Leasing Co.
Beijing’s new airport to start construction in 2H 2015 
Beijing’s new airport is expected to start construction in the second half of this year, which will be located in Daxing in southeast part of Beijing.
Spring Airlines A320
China’s Spring Airlines launches IPO 
Spring Airlines formally launched an initial public offering (IPO) on the Shanghai Stock Exchange Wednesday to fund its rapid fleet expansion.
Chinese carriers report $130 million net loss in December 
Chinese carriers reported a collective net loss of CNY800 million ($130.3 million) in December, improved from a net loss of CNY2.1 billion in the year-ago month.
Jiuyuan Airlines launches inaugural flight 
Juneyao Airlines’ low-cost (LCC) subsidiary Jiuyuan Airlines has launched inaugural Guangzhou-Wenzhou-Harbin service as it explores the low-cost market potential in the Pearl River Delta region.
Juneyao Airlines A320
Juneyao Airlines to launch IPO in February 
China’s Juneyao Airlines will launch an initial public offering (IPO) in February to fund its rapid fleet expansion, according to Juneyao Group president Wang Junhao.
Chinese carriers to increase passenger boardings 10% in 2015 
Chinese carriers are expected to transport 430 million passengers in 2015, up 10% from 390 million in 2014 due to the continuous growth of China’ economic development, according to Civil Aviation Administration of China (CAAC).
China Eastern Airlines 777-300ER
China Eastern to accelerate international expansion pace 
China Eastern Airlines plans to accelerate its international expansion pace in 2015 by boosting capacities, promoting brand awareness, deepening alliance cooperation, and strengthening marketing exploration in the North American and European markets.
Joy Air, Ying’an Airlines sign cooperation agreement 
Yunnan-based Ying’an Airlines has signed a strategic cooperation with Xi’an-based Joy Air to further explore the domestic regional air transport market, especially the regional air transport market in underdeveloped Southwest China.
Chinese airlines double November net profit 

Chinese carriers reported a collective November net profit of CNY2 billion ($326 million), more than doubling net income of CNY995 million in November 2013.                                                                     

China Southern A330-300
China’s big three to operate out of Beijing’s new airport 
China’s big three—Air China, China Eastern Airlines and China Southern Airlines—are all expected to operate out of Beijing new airport, which will be located in Daxing.
Spring Airlines A320
Spring Airlines receives formal approval for IPO next year 
Spring Airlines has received formal approval by the China Securities Regulatory Commission to hold an initial public offering (IPO) next year to fund its rapid fleet expansion.
China Eastern 777-300ER
China Eastern launches MRO business 
China Eastern Airlines has launched Aviation Technology Co. to further explore the MRO market.
Spring Airlines A320
Spring Airlines to open aircraft leasing company 
Shanghai-based Spring Airlines plans to launch an aircraft leasing business in Shanghai’s Pilot Free Trade Zone for its rapid fleet expansion.

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