Air China News Stories
March 1, 2013
Air China will buy 31 jets from Boeing to expand its fleet, the firm said in an announcement filed with the Hong Kong stock exchange on Friday.
January 30, 2013
Air China sent out a request for proposals last week for aircraft financing of at least USD$1 billion, sources said.
January 7, 2013
China said it has yet to approve Boeing's 787 Dreamliner, which has put on hold the delivery of the jet to the world's fastest growing aviation market.
November 1, 2012
Air China said on Thursday that the China Securities Regulatory Commission, China's stock market regulator, has approved a CNY1.05 billion yuan (USD$168.34 million) private share placement.
October 30, 2012
Air China posted its strongest quarterly profit for the year, although down 16 percent on the previous year, as fuel prices retreated and foreign exchange losses narrowed.
August 28, 2012
Air China posted a 77 percent drop in first-half net profit as high fuel costs, foreign exchange losses and a slowdown in domestic traffic weighed on its bottom line.
July 17, 2012
Air China, the country's flag carrier, expects first-half net profit to drop by more than half due to a slowdown in airline industry growth and high prices for jet fuel, it said on Tuesday.
June 13, 2012
Boeing in cooperation with Air China and PetroChina will press ahead with a second test flight that will be partly powered by plant oil, company executives said this week.
June 12, 2012
Lower oil prices this month have lessened the pain for struggling Chinese carriers, but a slowing domestic economy and a darkening outlook for consumers worried about Europe's debt crisis pose risks outside their control, industry executives said this week.
June 11, 2012
US discount carrier JetBlue Airways said on Monday it plans to partner with Air China on flights, its first such agreement with a China-based airline.
April 20, 2012
Air China's shares in Hong Kong and Shanghai were suspended on Friday pending details about a planned private placement of shares, the carrier said.
March 29, 2012
Air China has not cut or canceled any Airbus orders and is sticking to the delivery plan for the aircraft, it said on Thursday, adding that it plans to expand capacity.