Company Overview and News

 
North Sea storm forces flight cancellations at Amsterdam's Schiphol

15h reuters
AMSTERDAM (Reuters) - An autumn North Sea storm disrupted traffic at Amsterdam’s Schiphol, Europe’s third-largest airport, forcing the cancellation of dozens of flights on Friday.
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China Southern Eyes Fleet Of 150 Widebodies By 2020

2018-09-17 aviationweek
China Southern Airlines wants its fleet to include about 150 widebody, long-haul aircraft by 2020 as the airline seeks to broaden its route network. And, the carrier wants to increase its total fleet to 1,000 by 2020. Asia’s largest airline has around 800 aircraft, many of which are narrowbodies serving regional and domestic markets. “Our fleet expansion aligns with the company’s overall strategy, which is to focus on long-haul markets.
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China Southern Airlines plans to grow fleet to 2,000 planes by 2035 - CEO

2018-09-17 reuters
SHANGHAI, Sept 17 (Reuters) - 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.
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Beijing is holding firm, but many Chinese firms acknowledge they're worried about the trade war

2018-09-12 cnbc
Several of China's largest companies are acknowledging that they're concerned about risks from a trade war with the U.S.
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Beijing is holding firm, but many Chinese firms acknowledge they're worried about the trade war

2018-09-12 theedgemarkets
(Sep 12): Several of China's largest companies are acknowledging that they're concerned about risks from a trade war with the U.S.
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SriLankan Catering posts 3.9 billion rupees net profit in 2017/18

2018-09-10 lankabusinessonline
SriLankan Catering Ltd. has recorded a steady financial performance for the financial year ended 31st March 2018 with a 26% year-on-year growth in operating profits from Rs. 3.03 billion to Rs. 3.81 billion.
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China shares edge higher in cautious trade as tariff comment deadline expires

2018-09-07 thehindubusinessline
At the close, the Shanghai Composite index was up 10.71 points or 0.4 per cent at 2,691.59. The index was down 0.8 per cent for the week. - Reuters
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China Southern Airlines to boost Auckland route with 787-9

2018-09-06 nzherald.co.nz
China Southern is boosting capacity between Auckland and its home base in Guangzhou this summer, introducing a brand-new Boeing 787-9 to the route.
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Perth Airport and WA Government have $30 million war chest to lure airlines

2018-09-01 perthnow.com.au
“WE’RE open for business and there is a $30 million pot of gold at the end of the runway.”
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Cathay Pacific is Auckland Airport's airline of the year

2018-08-30 nzherald.co.nz
Among other top awards, Air New Zealand was the best contributor to short-haul on-time performance on domestic, Pacific Islands and transtasman routes and Qatar Airways was the best contributor to long-haul routes over six hours long. The safety leadership award went to the Civil Aviation Authority and the service provider of the year was SkyBus.
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China’s Hinterland Key For Crossover Jets

2018-08-27 aviationweek
The U.S. has 10 cities with populations of 1 million or more. China has more than 100 such cities or metropolitan areas. Then there are the ones of intermediate size, say 300,000-700,000 people.
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China Southern Introduces Three-Class Boeing 787-9

2018-08-27 aviationweek
China Southern Airlines has received its first three-class Boeing 787-9 on Aug. 24, 2018. The aircraft, registration B-1169, was delivered Aug. 24 and is the sixth 787-9 to enter China Southern’s fleet. China Southern took delivery of its first 787-9 on May 4 and has 14 more on order, including eight leased from the Air Lease Corp. and BOC Aviation. The three-class 787-9 will seat 28 passengers in business-class, 28 in premium economy and 220 in economy.
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World stocks at highest in over two weeks, China’s yuan firms

2018-08-27 malaymail
LONDON, Aug 27 — World stock markets rose to their highest level in more than two weeks today as reassuring comments from the US Federal Reserve chief, an easing in trade war jitters and a bid by China’s central bank to stabilise the yuan lifted risk appetite.
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China stocks at highest in 2 weeks as c.bank seeks to stabilize yuan

2018-08-27 theedgemarkets
SHANGHAI (Aug 27): Shares in China ended at two-week highs on Monday, lifted by a stronger yuan after a tweak in the central bank's management of the currency boosted airline stocks and other firms with heavy dollar exposure.
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Asian shares rise after Powell speech, stronger yuan lifts China

2018-08-27 theedgemarkets
SHANGHAI (Aug 27): Asian shares rose on Monday, taking heart from comments by the Federal Reserve chairman that drove Wall Street to record highs on Friday, and as a tweak to the way China’s central bank manages its currency boosted the yuan and stocks.
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