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Lockdowns China push Big Three into deeper losses

Lockdowns China push Big Three into deeper losses

by Richard Schuurman | Aug 31, 2022 | Airlines | 0 comments

China’s Big Three airlines Air China, China Southern, and China Eastern all suffered higher losses in the first six months of 2022. They are the direct consequence of the zero-tolerance Covid-policy that resulted in continued lockdowns in multiple cities across China...
Losses China’s Big Three deepen but capacity is set to recover

Losses China’s Big Three deepen but capacity is set to recover

by Richard Schuurman | May 4, 2022 | Airlines | 0 comments

Air China, China Eastern, and China Southern Airlines all reported deepening losses for the first quarter of the year. With many cities and regions in strict lockdowns, the Big Three were confronted with a significant drop in traffic. Although restrictions continue,...
Air New Zealand prepares for capital raise in March

Air New Zealand prepares for capital raise in March

by Richard Schuurman | Feb 23, 2022 | Airlines | 0 comments

Air New Zealand expects to launch an equity capital raise by the end of March or early April as part of its steps to recapitalize its balance sheet. The airline is suffering from the ongoing travel restrictions on its international network, which resulted in a $376...

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