Together the pair will have around 3.8 percent of the transatlantic aviation market.
China Eastern Airlines reported a 38% drop in net profit for in the third quarter. Hainan Airlines saw a 90% year-on-year tumble in operating profit to $33.5 million.
Etihad Aviation Group’s Tristan Thomas explains what sort of foundational capabilities are being set up in retailing and e-commerce and what specifically is being done for China.
Net profit dropped to 2.2 billion yuan ($317 million) in the July-to-September period, from 3.6 billion yuan a year earlier, while revenue rose 13.5% to 33.5 billion yuan.
Ingenico Group today announced that it has signed a partnership agreement with Chinese carrier Xiamen Airlines, to provide the online payments infrastructure for the company.
The local aviation market has been stirring as the Hong Kong-Zhuhai-Macao Bridge has brought the three cities closer with more opportunities.
The Hong Kong-based carrier discovered suspicious activity on its network in March and confirmed the unauthorized access to some personal data in May, it said late Wednesday.
Thai LCCs currently account for approximately 32% of total Thailand-China seat capacity, and there are a total of 21 Chinese airlines serving Thailand, accounting for 54% of seat capacity.
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