- Fraport Gets 24.5 Percent Stake in Xi'an Airport[Apr. 07, 2007]
Germany's Fraport, the operator of Frankfurt Airport, has become one of the shareholders of Xi'an Xianyang International Airport in northwest China's Shaanxi Province by obtaining a 24.5 percent stake.
- Shanghai International Airport Company Limited Plans to Sell Bonds to Fund Expansion[Apr. 07, 2007]
Shanghai International Airport Co., Ltd., operator of China's second-busiest airfield, said it plans to sell 2.5 billion yuan (US$324 million) of domestic bonds to fund airport expansion.
- Shanghai Pudong Int'l Airport's Expansion Project on Track[Apr. 05, 2007]
The expansion project at Shanghai Pudong International Airport, including its second terminal building and third runway, will be in use before the 2008 Beijing Olympic Games.
- Fujian Eyes Air Hub Status[Apr. 06, 2007]
East China's Fujian Province is planning to expand its civil aviation sector by building more airports and offering more flights to both domestic and overseas destinations.
- AVIC I Invests 1 Billion Yuan to Build Plant in Xi'an[Apr. 06, 2007]
China's biggest airplane maker will invest 1 billion yuan (US$129.47 million) in Xi'an, the capital of Northwest China's Shaanxi Province, to build a plant for manufacturing aircraft engine parts.
- China Eastern's Alliance Future Depends on New Investor[Apr. 05, 2007]
As the three global alliances angle for a foothold in the Chinese market, China Eastern Airlines is leaving its options open, preferring to identify a new strategic investor before committing to one of the groupings.
- China Southern Looks West with New Chongqing Airlines[Apr. 06, 2007]
China Southern Airlines plans to partner with Chongqing Investment Corp. to create Chongqing Airlines, which is expected to launch operations in June with three A320s.
- Plan Afoot to Make Guangzhou Airport An Int'l Hub[Mar. 30, 2007]
Construction of a new runway in Guangzhou Baiyun International Airport will commence early next year, with the aim to build the airport into an international aviation hub.
- China, One of World's Top Users of Electronic Tickets[Apr. 05, 2007]
China is one of the world's top users of electronic plane tickets, but the rest of Asia Pacific is on the same uptake level as Africa, the International Air Transport Association (IATA) chief said on April 4.
- Hainan Air Routes Cut Travel Time[Apr. 04, 2007]
The military has agreed to open more airspace over South China's Hainan Province, which will help cut international travel time and boost the inbound tourism market.