The development of high-quality, large aircraft remains one of the key ingredients of China’s latest five-year planning. The aircraft should be safe, with a focus on design and the supply chain. The civil aviation industry was specifically mentioned by General…
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…
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…
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…