39.00 +0.53 (1.38%)
Pre-Market: 4:15AM EST
|Bid||38.65 x 800|
|Ask||42.36 x 900|
|Day's Range||38.41 - 38.75|
|52 Week Range||25.45 - 70.52|
|Beta (3Y Monthly)||1.96|
|PE Ratio (TTM)||17.10|
|Forward Dividend & Yield||0.78 (2.20%)|
|1y Target Est||N/A|
The Zacks Analyst Blog Highlights: China Southern Airlines, Banco Santander, JinkoSolar, Wipro and KT
Feb 15 (Reuters) - China Southern Airlines Co Ltd : * SAYS JAN PASSENGER CARRIED UP 14.0 PERCENT Y/Y, MAIL AND CARGO CARRIED UP 7.4 PERCENT Y/Y Source text in Chinese: https://bit.ly/2S0VQXD Further company ...
Members of the Oneworld airline alliance met late last week in London to celebrate the 20th anniversary of the partnership and kick off new initiatives for the coming years. But for all of its rapid expansion, the alliance seems hesitant to welcome China Southern, China’s largest carrier, into its ranks. Instead, the alliance seems more […] The post Oneworld Stays Cool on China Southern Joining Alliance appeared first on Skift.
Qatar Airways will not buy a stake in Jet Airways as a substantial portion of the debt-laden Indian carrier is held by Etihad Airways, whose owner Abu Dhabi is an "enemy" of Qatar, its CEO Akbar al-Baker said on Tuesday. Abu Dhabi is part of the United Arab Emirates that cut ties with Qatar in 2017 over accusations of supporting terrorism. The UAE, together with Saudi Arabia, Egypt and Bahrain have banned Qatar Airways since June of that year as part of the dispute.
Jan 8 (Reuters) - China Southern Airlines Co Ltd : * SAYS QATAR AIRWAYS HAS NOT COME UP WITH EXECUTABLE PLAN TO FURTHER INCREASE ITS HOLDINGS IN THE COMPANY DUE TO COMPLICATED DOMESTIC AND OVERSEAS REGULATIONS ...
Qatar Airways said Wednesday that it has acquired a small stake in China’s largest airline, adding to a roster of minority holdings in carriers on three continents. State-owned Qatar Airways said it bought a 5% stake in publicly listed China Southern Airlines Co. late last month and plans to expand cooperation as part of efforts to tackle an economic blockade from some of the Middle East state’s neighbors. The move comes as the three largest U.S. airlines step up their efforts to persuade the U.S. government to take action against Qatar Airways over alleged state subsidies.
DUBAI/BEIJING (Reuters) - Qatar Airways has acquired a 5 percent stake in China Southern Airlines, the state-owned Gulf carrier said on Wednesday, in a move to gain access to the fast-growing mainland Chinese market. Qatar Airways also owns a 20 percent stake in British Airways-parent International Consolidated Airlines Group, 10 percent of South America's LATAM Airlines Group SA, 49 percent of Italy's Meridiana and 9.99 percent stake in Hong Kong's Cathay Pacific. Qatar's flagship airline has sought new partners and routes after it was blocked last year from flying to the lucrative markets of Saudi Arabia and the United Arab Emirates because of restrictions imposed by those countries.
DUBAI, United Arab Emirates (AP) — Qatar Airways says it now holds a 5 percent share in China Southern Airlines, helping expand the Gulf carrier's reach in one of the world's fastest growing aviation markets.
Dec 14 (Reuters) - China Southern Airlines Co Ltd : * SAYS NOV PASSENGER CARRIED UP 7.4 PERCENT Y/Y, MAIL AND CARGO CARRIED DOWN 1.8 PERCENT Y/Y Source text in Chinese: https://bit.ly/2SKeHqP Further company ...
Insider Monkey has processed numerous 13F filings of hedge funds and famous investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds and investors’ positions as of the end of the third quarter. You can find write-ups about an individual hedge fund’s trades on numerous financial news websites. […]
American Airlines will expand its partnership with China Southern early next year, giving the Fort Worth-based carrier a stronger foothold in the large and rapidly-growing Chinese aviation market.
China Southern Airlines plans to depart the SkyTeam airline alliance, it said on Thursday, opening the potential for the carrier to become a member of the oneworld group alongside strategic partner American ...
Nov 14 (Reuters) - China Southern Airlines Co Ltd : * SAYS OCT PASSENGER CARRIED UP 12.05 PERCENT Y/Y, MAIL AND CARGO CARRIED UP 1.72 PERCENT Y/Y Source text in Chinese: https://bit.ly/2DkjV8a Further ...
German engine specialist MTU and China Southern Airlines have extended the partnership agreement for their jointly owned engine overhaul shop in Zhuhai by 20 years until 2051.
Sept 27 (Reuters) - Spring Airlines Co Ltd: * SAYS IT PLANS TO INVEST 846.0 MILLION YUAN IN CHINA SOUTHERN AIRLINES' A-SHARE PRIVATE PLACEMENT Source text in Chinese: https://bit.ly/2DAFrr2 Further company ...
Foreign airlines that fly on 20 popular long-haul routes to China will face fresh competitive pressure as Beijing begins to ease decade-old restrictions on Oct. 1, allowing more Chinese carriers to offer service. The change affects about 20 percent of Chinese long-haul daily capacity, according to data compiled for Reuters by Chinese aviation data firm Variflight. It will turn up the heat on U.S. and European carriers like United Airlines (UAL.O) and Air France KLM (AIRF.PA), which have higher costs, lower outbound demand from their countries and less cultural appeal to Chinese travelers.
Foreign airlines that fly on 20 popular long-haul routes to China will face fresh competitive pressure as Beijing begins to ease decade-old restrictions on Oct. 1, allowing more Chinese carriers to offer service. The change affects about 20 percent of Chinese long-haul daily capacity, according to data compiled for Reuters by Chinese aviation data firm Variflight. It will turn up the heat on U.S. and European carriers like United Airlines and Air France KLM, which have higher costs, lower outbound demand from their countries and less cultural appeal to Chinese travellers.
China Southern Airlines plans to more than double the size of its fleet to 2,000 aircraft by 2035 and is exploring ways to cooperate with low-cost carriers, its chief executive said at a conference on Monday. Tan Wangeng told the World Routes conference that China's largest carrier by passenger numbers is also looking to fly to South America within the next three years, according to the official conference website. This provides us with a lot of opportunities for development," Tan told the conference in Guangzhou.
Beijing has maintained a resolute stance in the face of U.S. tariff threats, but many Chinese companies are acknowledging that their businesses could be hit by the ongoing trade war. Industrial and Commercial Bank of China, or ICBC, said late last month that a primary challenge the bank faces is increased instability and uncertainty in the international environment and intensifying global financial market volatility, especially since rising U.S.-China economic tensions may negatively affect many sectors. Several of China largest companies are acknowledging that they're concerned about risks from a trade war with the U.S.