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Search results for “oil”
Chinese airlines skirting fuel hedge profit from oil price plunge
03/23/2016
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11:06:03 AM
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Three top airlines in China will report at least 70% net income surge next week while many Asian carriers reported losses from jet fuel hedging in 2015.
Boeing says China and cheap oil haven't hurt demand as its stock gets pummeled
02/03/2016
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11:35:24 AM
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Boeing announced that its projected 2016 revenue of US$93 to US$95 billion will miss analyst expectations of US$97.3 billion.
Chinese-backed firm Travel Service to take over Czech Airlines
10/07/2017
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7:21:34 PM
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Travel Service, partly-owned by Chinese investment group CEFC and already owner of 34% of Czech Airlines (CSA), said it had agreed to buy both the state's 19.7% stake and Korean Air's 44% holding.
Chinese oil refiner to sell hotels
09/17/2015
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4:42:26 PM
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As it focuses on its core business, Sinopec Group is looking to divest itself of its hotels by the end of 2017, holding only to 'a small number'.
Direct online sales grow 29.4% for China Eastern, 64.9% for China Southern
08/30/2017
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1:04:31 PM
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China Eastern recorded revenue of ¥48,020 million and electronic direct sales increased 29.4%. China Southern achieved total operating revenue of ¥60 billion and grew 64.9% in electronic direct sales.
The next 10 years of airline distribution
08/14/2017
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3:30:03 PM
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A decade from now, revenue passenger miles are forecasted to grow by 30% by 2027, the number of aircraft in operation is likely to grow by the same factor, and airlines will have to become sophisticated retailers.
Oil price slump increases earnings for Chinese carriers
04/17/2015
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3:17:50 PM
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The huge dip in international crude prices helped lower operational costs and contribute to healthy bottom-lines for China’s carriers.
Chinese airlines surge by daily limit in Shanghai as oil slumps
03/17/2015
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2:27:53 PM
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Chinese airlines surged by their daily limit in Shanghai today on optimism declining oil prices will boost profitability.
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