- Shanghai Int'l Airport Profit Up 37 Percent in Q1[Apr. 26, 2019]
Shanghai International Airport Co., Ltd. reported a 36.7 percent year-on-year growth in net profit for the first quarter of 2019.
- Air China Reports Growth in Revenue, Net Profit in Q1[Apr. 26, 2019]
Air China, the country's flag carrier, registered growth in its business revenue and net profit in the first quarter of this year, according to a company statement.
- Boeing Abandons Financial Outlook, Sees US$1 billion in Extra Cost on 737 MAX[Apr. 24, 2019]
Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and said lowered production due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in five months had cost it at least US$1 billion so far.
- U.S. Looking 'Very Closely' at Qatar-Air Italy Deal: Pompeo[Apr. 11, 2019]
The United States is scrutinizing state-owned Qatar Airways' acquisition of a 49 percent stake in Air Italy, which has been flying to U.S. destinations since June in a move seen by U.S. lawmakers as flouting a deal not to add new flights to the domestic market.
- Jet Airways Fails to Pay Interest to Etihad-Linked Entity[Apr. 09, 2019]
An entity set up to finance affiliates of Etihad Airways PJSC said Jet Airways India Ltd. has become the third carrier in the group to fall behind on interest payments.
- Kenya Airways Sees Profit from Proposed Airport Deal by 2022[Apr. 09, 2019]
Kenya Airways Plc. said it will be profitable within four years if the government approves its proposal to replace the airports authority as operator of the East African nation's aviation hub.
- Boeing Stock Drops after Downgrade[Apr. 10, 2019]
Bank of America Merrill Lynch on Monday downgraded Boeing's stock to "neutral" from "buy" and cut its price target to US$420 a share from US$480 after the crash of two MAX jets six months apart.
- Etihad Airways Is Reeling as It Needs a US$600 Million Loan to Buy Planes[Apr. 07, 2019]
Etihad Airways PJSC is seeking a loan of about US$600 million to help make initial payments for planes, according to people familiar with the matter.
- India's Struggling Jet Airways Starts Bidding for Stake[Apr. 05, 2019]
Lenders to India's beleaguered airline -- Jet Airways would invite bids for their stake on Saturday till April 9, a release issued by the State Bank of India on behalf of 26 lenders said, late Thursday.
- China's Express Delivery Sector Expands Fast in February[Mar. 31, 2019]
China's express delivery sector saw fast growth in February, with double-digit increases in business revenue and volume, official data showed.