Air China @ The China Perspective

Huaxia Airlines Seeking new Opportunities in Regional Aviation

February 14,2007

By AMY CHEUNG

There is great demand in China for flights connecting provincial cities, and, with the involvement of more private investors, Huaxia Airlines is striving to meet that demand by finding a balance between cultivating more regional routs and expanding fleet size and profitability.

Yuan-Dollar Parity Rate: Friend or Foe to Chinese Industries?

January 23,2007

By AMY CHEUNG

The central bank has set the yuan central parity rate at record 7.758 yuan to the dollar. To solve the potential problems bought by trade surplus, it is likely for China to accelerate yuan appreciation. A report released by the international trade and economic cooperation research institute under the Ministry of Commerce estimated that it is likely for yuan to be appreciated by 9 to 10% by the end of 2007. How would this affect China’s industries and import-export structure?

Air China is expected to grow in profit

October 03,2006

By AMY CHEUNG

Air China, the biggest international carrier in the Mainland, is expected to post a Q3 profit of 2.9 billion yuan (362.5 million US dollars), boosted by strong growth in passenger traffic and rising fuel surcharges on domestic and overseas routes, The Standard reported.

Air China inks expansion agreement with Cathay Pacific

August 24,2006

By AMY CHEUNG

Shareholders of Air China and Cathay Pacific Airways have agreed to forge strategic ties for expansion in the Mainland, Bloomberg reported.

Air China IPO retail portion oversubscribed

August 10,2006

By AMY CHEUNG

The retail portion of a 576 million US dollars share offer by Air China was oversubscribed, the Reuters reported.

Air China shrink Shanghai stock offer

August 07,2006

By AMY CHEUNG

Air China, the country's flagship carrier, said on Tuesday it had scaled down its Shanghai stock offer by 39 percent to 1.639 billion shares from an original plan of 2.7 billion shares after weak subscription from institutional investors, the China Daily reported.

China shares disappointed by Daqin debut

August 02,2006

By AMY CHEUNG

The unexpectedly weak Daqin debut contributed to the down of China shares at 0.75 percent on Tuesday, The Standard reported.

Air China ready for Mainland listing

August 01,2006

By AMY CHEUNG

Air China Ltd, the nation's flagship carrier, is expected to issue A shares by August 22, making it the only Chinese airline listed in Hong Kong, London and Shanghai, the China Daily reported.

Fuel surcharge fees may not be the cure

August 01,2006

By AMY CHEUNG

The increase of fuel surcharge fees may not be the long-term cure for the continuous deficit the aviation industry suffers, the Beijing News reported.

IPO of Air China is under review

July 24,2006

By AMY CHEUNG

Air China Ltd.'s application to sell shares on the Shanghai Stock Exchange will be reviewed by the domestic regulator, wrote China Knowledge Online.

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Established in 2002, Air China is the biggest carrier air passenger, air cargo and airline related services in China. Primarily based in Beijing, Air China Limited has a network of domestic and international routes serving 70 domestic and 36 international destinations. The Company operates in segments of airline operations, engineering services, airport terminal services, air catering services and other airline-related services. Air China has total assets of RMB 51.74 billion, 23000 employees and handling capacity of 5.17 billion tons. Air China had revenues rose 14 percent to 38.29 billion yuan in 2005 but net income only rose 1 percent to 2.41 billion yuan. Although passenger division, cargo and airline operations have generated higher sales, net income remained low because of rising oil prices, higher employee compensation costs as well as higher aircraft and engine operating lease expenses.

Today’s Daily Briefs E-Mail

	Huaxia Airlines Seeking new Opportunities in Regional Aviation February 14,2007 By AMY CHEUNG There is great demand in China for flights connecting provincial cities, and, with the involvement of more private investors, Huaxia Airlines is striving to meet that demand by finding a balance between cultivating more regional routs and expanding fleet size and profitability. Yuan-Dollar Parity Rate: Friend or Foe to Chinese Industries? January 23,2007 By AMY CHEUNG The central bank has set the yuan central parity rate at record 7.758 yuan to the dollar. To solve the potential problems bought by trade surplus, it is likely for China to accelerate yuan appreciation. A report released by the international trade and economic cooperation research institute under the Ministry of Commerce estimated that it is likely for yuan to be appreciated by 9 to 10% by the end of 2007. How would this affect China’s industries and import-export structure? Air China is expected to grow in profit October 03,2006 By AMY CHEUNG Air China, the biggest international carrier in the Mainland, is expected to post a Q3 profit of 2.9 billion yuan (362.5 million US dollars), boosted by strong growth in passenger traffic and rising fuel surcharges on domestic and overseas routes, The Standard reported. Air China inks expansion agreement with Cathay Pacific August 24,2006 By AMY CHEUNG Shareholders of Air China and Cathay Pacific Airways have agreed to forge strategic ties for expansion in the Mainland, Bloomberg reported. Air China IPO retail portion oversubscribed August 10,2006 By AMY CHEUNG The retail portion of a 576 million US dollars share offer by Air China was oversubscribed, the Reuters reported. Air China shrink Shanghai stock offer August 07,2006 By AMY CHEUNG Air China, the country's flagship carrier, said on Tuesday it had scaled down its Shanghai stock offer by 39 percent to 1.639 billion shares from an original plan of 2.7 billion shares after weak subscription from institutional investors, the China Daily reported. China shares disappointed by Daqin debut August 02,2006 By AMY CHEUNG The unexpectedly weak Daqin debut contributed to the down of China shares at 0.75 percent on Tuesday, The Standard reported. Air China ready for Mainland listing August 01,2006 By AMY CHEUNG Air China Ltd, the nation's flagship carrier, is expected to issue A shares by August 22, making it the only Chinese airline listed in Hong Kong, London and Shanghai, the China Daily reported. Fuel surcharge fees may not be the cure August 01,2006 By AMY CHEUNG The increase of fuel surcharge fees may not be the long-term cure for the continuous deficit the aviation industry suffers, the Beijing News reported. IPO of Air China is under review July 24,2006 By AMY CHEUNG Air China Ltd.'s application to sell shares on the Shanghai Stock Exchange will be reviewed by the domestic regulator, wrote China Knowledge Online. 1 2 3 4 5	Established in 2002, Air China is the biggest carrier air passenger, air cargo and airline related services in China. Primarily based in Beijing, Air China Limited has a network of domestic and international routes serving 70 domestic and 36 international destinations. The Company operates in segments of airline operations, engineering services, airport terminal services, air catering services and other airline-related services. Air China has total assets of RMB 51.74 billion, 23000 employees and handling capacity of 5.17 billion tons. Air China had revenues rose 14 percent to 38.29 billion yuan in 2005 but net income only rose 1 percent to 2.41 billion yuan. Although passenger division, cargo and airline operations have generated higher sales, net income remained low because of rising oil prices, higher employee compensation costs as well as higher aircraft and engine operating lease expenses. Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. MOST POPULAR China Central Bank in need of a cash infusion, RMB appreciation to pause Garment makers targeting domestic market outperform exporters Poly Real Estate revenues up 25% YTD Shenyang’s Tiexi district targets alternative energy sector 40% of Chinese private firms target overseas expansion: HSBC BMW to build 2nd plant on mainland Wuhan Optical Valley sets sights on global influence by 2020 XEMC Windpower inks US$46m deal with Datang Power Generation Haima to build 2 150,000-vehicle plants Paper makers team up on eco-friendly plant Go to Complete List >

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