|Bid||11.12 x 0|
|Ask||11.13 x 0|
|Day's Range||10.91 - 11.23|
|52 Week Range||8.56 - 14.58|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Taiwan's foreign ministry has asked Air Canada for a "speedy correction" following the airline's decision to list Taipei, the capital of Taiwan, as a part of China on its booking website, according to a statement from the ministry on Tuesday. As recently as last week, the airline's website entries for Taiwan did not mention China, according to checks made by Reuters, and it was not clear when the change was made.
China will ease its near decade-old "one route, one airline" policy for Chinese airlines, the country's aviation regulator said on Monday, allowing for increased competition on long-haul international routes. The Civil Aviation Administration of China (CAAC), in a statement on its website, said it has revised rules in response to a changing aviation market as well as the 2019 opening of a second international airport in Beijing, which in turn is aimed at creating the world's largest aviation hub in the city. The CAAC introduced the policy in 2009 for long-haul international routes to prevent mainly China's state-backed airlines from competing too aggressively on routes deemed difficult to profit from.
May 14 (Reuters) - Air China Ltd: * SAYS APRIL PASSENGER CARRIED UP 12.1 PERCENT Y/Y, MAIL AND CARGO CARRIED UP 3.3 PERCENT Y/Y Source text in Chinese: https://bit.ly/2wDTetw Further company coverage: ...
Air China Limited (SEHK:753) saw a decent share price growth in the teens level on the SEHK over the last few months. With many analysts covering the large-cap stock, weRead More...
China Southern Airlines' net profit rose 64.1 percent in the first three months of 2018, as it benefited from strong travel demand and a stronger yuan. China's largest carrier by passenger numbers on Friday posted profit attributable to shareholders of 2.54 billion yuan ($400.86 million) for January to March, up from 1.55 billion yuan during the same period last year. China Southern Airlines set a record with a 17 percent rise in profit for 2017 on robust travel demand and strengthening yuan.
Air China reported a higher quarterly net profit on Thursday, which it said was helped by a strengthening yuan and improved passenger and cargo volumes. China's flag carrier posted profit attributable to shareholders of 2.63 billion yuan ($415.6 million) for January to March, 79.2 percent higher than the 1.47 billion yuan it reported for the same period last year. Its rival China Eastern Airlines , the country's second-largest by passenger numbers, said on Thursday its net profit attributable to shareholders fell 29.6 percent to 1.98 billion yuan for the quarter.
April 26 (Reuters) - Air China Ltd: * SAYS Q1 NET PROFIT UP 79.2 PERCENT Y/Y Source text in Chinese: https://bit.ly/2I20KR0 Further company coverage: (Reporting by Hong Kong newsroom)
Hong Kong's Cathay Pacific Airways Ltd expects its core airline business, which has been operating at a loss, to swing into the black next year as a turnaround plan bears fruit, the carrier's chief executive said on Wednesday. The improvement will be driven by a combination of stronger passenger and cargo markets, cost-cutting measures, a more fuel-efficient fleet, better fuel hedges and revenue gains from new long-haul routes, CEO Rupert Hogg told Reuters. Poor fuel hedging bets and fierce competition from mainland Chinese and Middle Eastern rivals has hurt Cathay, pushing it into losses for the past two years and forcing the airline to undertake a three-year turnaround programme.
April 16 (Reuters) - Air China Ltd: * SAYS MARCH PASSENGER CARRIED UP 11.4 PERCENT Y/Y, MAIL AND CARGO CARRIED UP 3.0 PERCENT Y/Y * SAYS Q1 PASSENGER CARRIED UP 7.8 PERCENT Y/Y, MAIL AND CARGO CARRIED ...
SHANGHAI/HONG KONG (Reuters) - China hit back on Wednesday at the U.S. government's plan to slap tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key U.S. imports, and adding to fears that the world's two largest economies are heading towards a trade war. Below are some of the reactions from some Chinese companies and trade bodies to Washington's announcement of proposed tariffs on Chinese imports into the U.S. "A trade war is not good for the two countries.
China Eastern Airlines lifted annual profit to its highest level in more than 20 years, helped by a stronger yuan, improved passenger yields and asset sales. China's second-largest airline by passenger numbers said that profit attributable to shareholders rose by 40.9 percent year on year to 6.35 billion yuan ($1 billion), the highest since at least 1996, Thomson Reuters data shows. This was, however, lower than the 6.47 billion yuan average forecast from 16 analysts polled by Thomson Reuters.
* 2017 profit rises 6.3 percent year-on-year * Booked 2.94 billion yuan in foreign exchange gains * Operational costs rose, led by fuel costs (Updates with impact of Cathay Pacific losses on results, analyst ...
March 27 (Reuters) - Air China Ltd: * SAYS 2017 NET PROFIT UP 6.3 PERCENT Y/Y Source text in Chinese: https://bit.ly/2GahZSb Further company coverage: (Reporting by Hong Kong newsroom)
SHANGHAI, March 26 (Reuters) - China Southern Airlines Co Ltd set a record with a 17 percent rise in annual profit on Monday, following a year of robust travel demand and strengthening yuan. China's largest ...
China's three largest airlines are likely to report their strongest annual profits in years this week, as soaring travel demand and foreign exchange gains more than make up for a drop in income-per-passenger and the rising cost of fuel. Analysts estimate China Southern Airlines Co Ltd , the country's largest carrier by passenger numbers, will report net income on Monday of about 6.4 billion yuan ($1.01 billion), its highest in 11 years as a listed firm, showed data from Thomson Reuters.
Air China Limited (SEHK:753) delivered a less impressive 9.82% ROE over the past year, compared to the 19.85% return generated by its industry. Though 753’s recent performance is underwhelming, itRead More...
SHANGHAI/SINGAPORE, March 14 (Reuters) - Cathay Pacific posted a smaller than expected annual loss due to a rebound in the cargo market, moderating ticket price falls and lower fuel hedging losses, prompting analysts to call that the worst was over for the Hong Kong airline. Poor hedging bets on fuel prices and fierce competition from mainland Chinese and Middle Eastern rivals have hurt Cathay, pushing it into losses for the past two years and forcing the airline to undertake a three-year turnaround programme targeting HK$4 billion ($510.12 million) in savings. While analysts said it was still too early to say whether the efforts under Chief Executive Rupert Hogg were bearing fruit, they said the firm was benefiting from a global recovery in the cargo market and profits at its associates and subsidiaries.
* PREVIOUS TRADING SESSION MOVES: * SSEC -0.5 pct, CSI300 -0.9 pct, HSI +0.0 pct * HK- Shanghai Connect daily quota used 10.9 pct * HK- Shenzhen Connect daily quota used 0.7 pct, Shenzhen- HK ...
March 13 (Reuters) - Air China Ltd: * SAYS FEB PASSENGER CARRIED UP 9.8 PERCENT Y/Y, MAIL AND CARGO CARRIED DOWN 1.0 PERCENT Y/Y Source text in Chinese: http://bit.ly/2tHfZuX Further company coverage: ...
Does the share price for Air China Limited (SEHK:753) reflect it’s really worth? Today, I will calculate the stock’s intrinsic value using the discounted cash flow (DCF) method. Anyone interestedRead More...
March 7 (Reuters) - Air China Ltd: * SAYS LOCK-UP PERIOD FOR 926.6 MILLION SHARES TO END, TRADING TO START ON MARCH 12 Source text in Chinese: http://bit.ly/2HfAGzV Further company coverage: (Reporting ...
Air China Limited (SEHK:753) is currently trading at a trailing P/E of 16.4x, which is higher than the industry average of 10.8x. Although some investors may jump to the conclusionRead More...
* HK- Shanghai Connect daily quota used 16.1 pct, Shanghai- HK daily quota used 9.4 pct * HSI +0.7 pct, HSCE +0.8 pct, CSI300 +1.2 pct * Size of HK-focused ETFs in China jumps - media Feb 26 (Reuters) ...
Air Canada's chief executive on Friday said a joint venture with Air China, expected to be wrapped up this spring, would help it compete more "aggressively" in the Pacific market, after the Canadian carrier reported a better-than-expected fourth-quarter profit. The two carriers already have agreements for passengers to use each other's lounges and codesharing services but a full joint-venture would expand such collaboration, in a boost to Air Canada which is facing yield pressures on flights to China and Hong Kong. Canada's biggest airline also faces competition from rival WestJet Airlines which is expanding international flights, as well as pressures to raise fares as fuel costs rise.