Air China News

Taiwan, China To Expand Air Links Further

May 18, 2009

Taiwan will begin regular flights to China in mid-July, the island's transport minister said at the weekend, a move that will benefit airlines on both sides and another sign of closer ties between the political rivals.
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Air China To Lift Capacity On Signs Of Improvement

April 21, 2009

Air China on Tuesday said it will continue to increase capacity in 2009 and has seen signs of improvement in its passenger and cargo businesses.
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Chinese Airlines May Return To Profit This Year

April 17, 2009

China's top three airlines, which lost more than USD$4 billion in 2008, may return to profit this year as a faster-than-expected rebound in domestic air travel in the first quarter could extend through the year.
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Air China Q1 Net Profit Down 5.7 Percent

April 17, 2009

Air China, which posted bigger-than-expected 2008 losses, returned to profit in the first quarter of 2009, helped by an exceptional gain and lower fuel costs.
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Air China Agrees To Buy Out Cargo Unit

April 3, 2009

Air China said on Friday it has agreed to buy all the shares it does not already own in its cargo venture with the parent of Beijing Capital International Airport for CNY718 million yuan (USD$105 million).
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Head Of Air China Bid Target Goes Missing - Reports

March 18, 2009

Air China's acquisition bid for East Star Airlines, a small struggling carrier, has been thrown into confusion after the East Star chairman went missing, Chinese media and the Financial Times reported on Wednesday.
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Air China Hopes For Funds, Pursues East Star

March 16, 2009

China's flag carrier Air China said on Monday it continues to hope for a government capital injection, as it vowed to press ahead with an acquisition despite being rebuffed, its chairman said on Monday.
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South Korea Tells North To Withdraw Airline Threat

March 6, 2009

South Korea told the North on Friday to immediately withdraw a threat it made against the South's commercial airlines that has forced them to stop flying near the airspace of the communist North.
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Air China Requests Government Cash Injection

March 4, 2009

Air China's Chairman Kong Dong said on Wednesday the airline can be profitable in 2009, but has asked the government for a cash injection of at least CNY3 billion yuan (USD$439 million).
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Air China Chairman Not Certain Of Profit In 09

March 2, 2009

Air China Chairman Kong Dong said on Monday it was uncertain whether the country's flag carrier could turn a profit in 2009 and the time was not right for large airline acquisitions in China.
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