China’s Big Three reduce losses but international recovery lags behind
Tag china’s
China’s Big Three not out of the woods yet
While air traffic in China has seen a strong recovery year on year with a 312 percent increase in domestic flying in May, this is not immediately reflected in the financial results of the major Chinese carriers. China Eastern, China…
China’s Big Three start to recover in Q1 from March
China’s Big Three airlines significantly improved their financial results in Q1, thanks to the unexpected termination of the country’s zero-Covid policy in December. The resumption of (air) travel spurred demand and helped Air China, China Eastern Airlines, and China Southern…
China’s newest turbofan is making flying hours
China seems to make progress with the development of its indigenous medium-sized turbofan engine CJ-1000A, which has been spotted doing flight tests. The engine is under development since 2017, with the COMAC C919 specifically in mind. But like the airframe,…
China’s reopening causes concerns and offers new options
UPDATE – The further relaxation of restrictions for travelers into China might seem to be good news at first. But the pace at which the country has changed its strict zero-Covid policy and the sharp increase in infections is a…
China’s Big Three see deeper red in Q3
China Eastern, China Southern, and Air China all reported Q3 losses, the effect of China’s continued strict Covid policy that reduced air travel while at the same time expenses were rising. The carriers already reported losses for the first half…