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China Eastern issues new shares for fleet purchases

China Eastern issues new shares for fleet purchases

by Richard Schuurman | May 12, 2022 | Airlines | 0 comments

The Board of Directors of China Eastern Airlines has approved the non-public issuance of shares to raise RMB 15 billion, of which two-thirds will be used to finance the purchase of 38 new aircraft. The issuance of no more than 5.6 million shares was approved on May...
China’s Big Three in 2020: heavy losses and outlook most uncertain

China’s Big Three in 2020: heavy losses and outlook most uncertain

by Richard Schuurman | Apr 5, 2021 | Airlines | 0 comments

Financial results of China’s ‘Big Three’ airlines reflect the dire state they have been in during 2020. Despite an almost full recovery to pre-Covid traffic and passenger numbers by October – followed by another slump -, China Eastern Airlines, China Southern...
Russia’s forecast: 44.300 new airliners needed

Russia’s forecast: 44.300 new airliners needed

by Richard Schuurman | Aug 29, 2019 | UAC | 0 comments

Russia is expecting the market for commercial aircraft to grow to 44.313 aircraft between 2019 and 2038, with the biggest share that of 166-200-seaters. United Aircraft Corporation (UAC) presented its latest outlook on the final trade day of the MAKS 2019-air show at...

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