Honeywell Aerospace and COMAC have received two major communications awards recognizing their contributions to improving educational opportunities for children in rural China. The companies earned the Best Brand Innovation award from the 2015 Civil Aviation Communications Summit and the 6th Golden Flag Award from the China International Public Relations Association and China Public Relations Ne...
The CAAC East China Regional Administration has issued a special flight permit for a COMAC ARJ21-700, serial number 106, the first one to be delivered to a customer, to conduct production flight testing, according to a statement released Tuesday on the regional administration's website. The ARJ21-700 has started its production flight testing, marking the design of t...
The deputy head of the Civil Aviation Administration of China (CAAC) is being investigated for alleged disciplinary violations, the ruling Communist Party's anti-corruption watchdog said on Tuesday. The CAAC's Zhou Laizhen is "suspected of serious violations of discipline", the Central Commission for Discipline Inspection (CCDI) said in a one-line statement on its website. It...
China’s Jiangsu Baoli International Investment will take delivery of four Kamov Ka-32A11BC fire fighting helicopters in 2016-2017. The deal was announced in a statement by Russian Helicopters. 'These helicopters are successfully operated in China,” says Russian Helicopters chief executive Alexander Mikheev. “This contract confirms our interest in developing mutually...
Zhejiang Loong Air (GJ), a regional carrier based in Hangzhou, has filed an application to the Civil Aviation Administration of China (CAAC) for launching an international all-cargo service from Zhengzhou to Vladivostok, Russia on January 11, 2016. Pending government approval, Loong Air will operate the Zhengzhou-Vladivostok cargo service on daily basis starting January 11, using Boeing 73...
Tuniu Corp. ended a two-day gain as investors bet a US$500 million investment from HNA Tourism Group Co. won't be enough to turn the company profitable amid competition in China's online travel-booking industry. The American depositary receipts declined 0.8 percent to US$15.59 in New York on Monday after erasing a gain of as much as 7.2 percent. Trading volume of two million was more th...
China Eastern Airlines (MU) Friday completed the issue of a 2 billion yuan super & short-term commercial paper (SCP), its sixth batch of SCP this year. The SCP will have a maturity of 270 yuan, with a face value of 100 yuan and an interest rate of 3.1%. The Shanghai-based carrier said the fund collected from the SCP will be used to replace loans of the airline and its subsidiaries. Th...
China will contribute A$20 million ($14.5 million) to the hunt for missing Malaysian Airlines flight MH370, the government reported on its website, the latest expansion of one of the costliest search missions in aviation history. Chinese premier Li Keqiang made the announcement at a summit of Asia-Pacific leaders on Saturday during a meeting with Australian Prime Minister Malcolm Turnbull, the...
Shenzhen Airlines (ZH), Shenzhen Airlines (ZH), a subsidiary of Air China (CA) recently has completed its two-year's cabin refurbishment, making the nation's leading airline with most luxury single-aisle cabins. Since 2013, the Shenzhen-based carrier has renovated cabin interiors of its 36 aircraft, including 22 Airbus A320s and 14 Boeing 737-800 aircraft. Considering into passenge...
Beijing's new international airport, which is currently under construction, will eventually be able to handle 100 million passengers annually, authorities said Friday. Before 2025, the airport will be able to handle 72 million passengers, 2 million tons of cargo and mail, and have 4 runways, according to a plan approved by government last year. It is planned that the new airport will hav...
China's "Big Three" airlines are outpacing most of their regional competitors on profit margins, as they benefit from government backing and improved reservation systems. Air China Ltd.'s margin on earnings before interest, taxes, depreciation and amortization, also known as Ebitda, was 23.2 percent on a trailing 12-month basis. China Eastern Airlines Corp. and China Sout...
Hundreds of flights have been delayed or cancelled on Friday morning as snow sweeps across north China and heavy rain continues in south China. Flight operations have been disturbed Friday morning by snowfall at Beijing Capital International Airport (PEK), heavy fog at Xi'an Xianyang International Airport (XIY) and Kunming Changshui International Airport (KMG), and freezing fog at Yinchuan...
