Majority stake in China’s first private airline changes hands

The majority shareholder of Okay Airways Co., China’s first private airline, has changed ownership after a private logistics company took a 71.4-percent stake of the shareholder, the airline said Thursday.
Wang Shusheng, chairman of Tianjin Datian W. Group Co., has taken over as chairman and legal representative of Okay Airways from Wang Junjin, chairman of Juneyao [...]

Air China aims to buy Shenzhen Airlines

Air China Ltd, the nation’s third- biggest carrier, intends to buy Shenzhen Airlines Co to add a hub in the south of the country.
“Shenzhen Air is very important in terms of building a strategic network,” Chairman Kong Dong said today in Beijing, where he is attending a meeting of policy makers. Air China has begun [...]

Direct Taiyuan-Taipei charter flight kicks off

The Spring Festival direct charter service between Taiyuan of Shanxi province and Taipei started Wednesday, Xinhua News Agency reported.
Flight MU 5011 of China Eastern Airlines, a Boeing 737 aircraft with 130 passengers on board, took off Wednesday morning from Wusu Airport of Taiyuan, capital of Shanxi province and landed in Taipei’s Taoyuan International Airport.
This is [...]

Air China orders 20 Airbus A320s for $1.63 bln

Air China, one of the three major civil aviation companies in the country, said Thursday that it has ordered 20 Airbus A320 planes to promote its fleet capacity on growing demand.
In a statement to the Shanghai Stock Exchange, Air China said that the planes of the 1.63-billion U.S. dollars deal would be delivered in stages [...]

Spring Festival airfares skyrocket

The cost of domestic airfares is expected to increase once the 40-day Spring Festival travel season - the world’s largest movement of people - kicks off on Jan 30.
“Airfares will go up earlier than the previous years during this travel season,” said Chen Zhenyao of Ctrip, one of the country’s leading travel agencies.
“Air tickets will [...]

China plans world’s highest airport in Tibet

China plans to break a new record and build the world’s highest airport in Tibet at an elevation of 4,436 m, the regional civil aviation director announced.
Xu Bo, director of the Tibetan Branch of the China Civil Aviation Administration, said the airport, planned for the Nagqu prefecture, would be 102 meters higher than Bamda Airport [...]

Page 1 of 32123456789»...Last »