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| Thursday, September 04, 2008 21:32:08 |
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October 17,2006
Starting this week, International Air Transport Association would stop issuing traditional flight tickets as China adopts the electronic ticketing system along with the challenges posed by the wide unfamiliarity with the system and limited online payments infrastructure.
October 16,2006
Growing participation of private funds and up-and-coming exclusive air routes rev up China’s fragile domestic aviation business. Interconnecting flights in big cities and international destinations, as well as plans of new domestic flights spur competition driving overall development in China’s aviation market.
October 12,2006
Leasehold sector has been in operation for more than 20 years but progress has been slow. Recent moves to optimize taxes in the sector, to apply new accounting standards and to encourage banks to finance leasehold investments would help boost development in the sector.
October 04,2006
China's airlines are expected to carry 270 million passengers in 2010 following annual growth of 14.5 percent, The Standard reported, citing Xinhua.
September 29,2006
American International Group (AIG) seeks expansion of its private equity investments in China to real estate projects in second-tier cities, The Standard reported.
September 13,2006
Airport Authority Hong Kong is on target to finalize deals to manage the Zhuhai Airport and Hangzhou Xiaoshan International Airport by the end of this year, The Standard reported.
August 22,2006
China will authorize new flight paths to increase domestic and international flights ahead of the 2008 Olympics to ease congestion and reduce delays, Houston Chronicle reported, citing China Daily.
August 18,2006
China Southern Airlines Co Ltd yesterday reported a net loss of 825 million yuan in the first half due to soaring fuel prices and rapid expansion, People’s Daily reported.
August 07,2006
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.
August 01,2006
Harbin Aviation Industry Corp (HAI) delivered three light and multi-purpose aircrafts to the defense ministry of Zambia on Monday, Xinhua reported.
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