Air China Ltd (601111.SS)
22 Sep 2017
* Profits crimped by declining passenger yields, rising fuel price
SHANGHAI Beijing's curbs on travel to South Korea are expected to take some shine off the first-half results of China's top-three airlines, which have slashed seat numbers on flights between the countries amid tensions over North Korea.
* S.Korea one of Chinese airlines' most profitable destinations
* Chinese aviation sector's first mixed-ownership reform deal
SHANGHAI, April 27 Air China's net profit fell 40 percent in the first three months of 2017, hit by rising oil prices and weakness in the yuan.
SHANGHAI, April 25 Air China Ltd will increase its flights between Beijing and the North Korean capital, Pyongyang, from early May, after it cancelled some flights this month because of what it said was weak demand.
SHANGHAI Air China Ltd has received the green light from Beijing to push ahead with mixed-ownership reform of its air freight logistics business, the firm said late on Friday, signaling a potential shake-up of China's cargo carrier market.
SHANGHAI, April 22 Air China Ltd has received the green light from Beijing to push ahead with mixed-ownership reform of its air freight logistics business, the firm said late on Friday, signalling a potential shake-up of China's cargo carrier market.
* Benefits of low oil price also beginning to fade (Recasts, adds context, analyst comment)
SHANGHAI, March 30 Air China on Thursday reported a 0.6 percent rise in 2016 net profit, underperforming analyst expectations as earnings were hit by the weakening yuan and rising costs.