Company Overview and News

China Relaxes Visa Requirements For Hainan

2018-04-19 aviationweek
BEIJING—China has taken the surprising step of permitting 30-day visa-free visits to Hainan, a tropical island province in the South China Sea and home of Hainan Airlines. The policy is also likely to benefit China Southern Airlines, which has a branch company on the island. The Chinese government said it will not require people from 59 countries to get visas before visiting Hainan “to support the opening up of Hainan and to take a step in promoting international .
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MTU-China Southern JV Plans 50% MRO Capacity Increase

2018-04-09 aviationweek
MTU Maintenance Zhuhai, responding to surging demand for narrowbody engine maintenance, is making room for more overhaul work that will add some shop capacity near-term and increase it by 50% by 2021. The shop, opened in 2001 as a joint venture between MTU Aero Engines and China Southern Airlines, focuses on International Aero Engines V2500-A5s and CFM CFM56-3s through -7s. An expansion in 2012 took annual shop-visit capacity from 200 to 300; the facility inducted 280 engines in 2017.
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Hit to Boeing from Chinese tariffs depends on definitions

2018-04-04 reuters
SINGAPORE/SHANGHAI (Reuters) - China on Wednesday announced plans to place a 25 percent tariff on certain U.S. aircraft, in a move expected to affect some older Boeing Co (BA.N) narrowbody models, according to documents from China’s Ministry of Commerce and the U.S. manufacturer.
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UPDATE 1-China Southern Airlines wants U.S. firms to speak out against protectionism -chairman

2018-03-27 reuters
HONG KONG (Reuters) - China Southern Airlines Co Ltd’s chairman on Tuesday said the carrier “strongly opposes” what he called the United States’ protectionist stance on trade with China, and hopes U.S. firms relay to Washington that protectionism will be detrimental to both sides.
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In a trade war, aviation giant Boeing could be a sitting duck

2018-03-26 yahoo
Charleston (United States) (AFP) - The sparkling new Boeing 787s bound for China Southern Airlines and Air China are waiting to be delivered, but the prospect of a trade war could make for a less rosy future.
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Ctrip launches "Responsible Travel" with Tourism Toronto and China Southern Airlines

2018-03-26 globenewswire
SHANGHAI, China, March 26, 2018 (GLOBE NEWSWIRE) -- As the largest online travel agent in Asia and the second largest in the world, Ctrip jointly organized a “Responsible Travel” Summit with Tourism Toronto and China Southern Airlines to advocate for a greener and more responsible way to travel. 2018 is China-Canada Tourism Year with social responsibility being the main theme.
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Top three Chinese airlines tipped for profit surges on tourism boom, yuan gains

2018-03-26 scmp
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.
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2 Reasons Why Boeing's Earnings Might Disappoint

2018-03-23 seekingalpha
Earlier in the month, Boeing (BA) shares dropped and various news sources connected that to the fear of a trade war happening between the US and the rest of the world and primarily between the US and China. AeroAnalysis believes that primary reason for share prices moving lower were low February deliveries and reported supply chain challenges. If the concern of a trade war with China would be the real reason for the drop, it would have been likely that Boeing would have seen continued pressure on its share prices.
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China blames the US for its staggering trade surplus as Trump tariffs loom

2018-03-22 cnbc
China blamed U.S. export restrictions for its record trade surplus with the United States, but expressed hope that a solution can be found to settle trade issues between the world's two biggest economies as U.S. tariffs loom.
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Some good news for embattled Chinese conglomerate HNA as airline unit sees profits rise

2018-03-22 scmp
Uncertainty still hovers around Hainan Airlines however as competition heats up, while its parent still wrestles with huge debts
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China calls U.S. repeat abuser of world trade rules as it braces for tariffs

China accused the United States of "repeatedly abusing" trade practices, as Beijing braced on Thursday for an imminent announcement from U.S. President Donald Trump slapping more tariffs on Chinese imports.
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China blames US for staggering trade surplus as tariffs loom

2018-03-22 themalaymailonline
Beijing was bracing for an announcement from Trump on tariffs. — Reuters picBEIJING, March 22 — China blamed US export restrictions for its record trade surplus with the United States, but expressed hope that a solution can be found to settle trade issues between the world’s two biggest economies as US tariffs loom.
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UPDATE 1-China calls U.S. repeat abuser of world trade rules

2018-03-22 reuters
SHANGHAI (Reuters) - China accused the United States of “repeatedly abusing” international trade rules, as Beijing braced on Thursday for an imminent announcement from U.S. President Donald Trump slapping more tariffs on Chinese imports.
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China Southern places $3.6 billion Boeing 737 MAX order for Xiamen Airlines subsidiary

2018-03-21 reuters
(Reuters) - China Southern Airlines Co Ltd (600029.SS) said on Wednesday it had placed an order for 30 Boeing Co (BA.N) 737 MAX narrowbodies for its Xiamen Airlines subsidiary in a deal the plane maker said was worth more than $3.6 billion at list prices.
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Hong Kong's Cathay Pacific posts US$161m loss for 2017

2018-03-14 channelnewsasia
HONG KONG: Hong Kong flag carrier Cathay Pacific on Wednesday (Mar 14) announced a HK$1.26 billion (US$161 million) net loss for 2017, marking the first back-to-back annual loss in its 71-year history.
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