Search results for “Civil Aviation Administration of China”
China plans to relax private investment limit on state-own airlines
07/06/2017|10:25:16 AM|
Chinese aviation authority CAAC issued a consultation paper proposing state carriers Air China, China Eastern and China Southern be allowed to have a relative control other than absolute control in the state ownership structure.
Chinese airlines carry 488 million air passengers in 2016
05/11/2017|11:38:56 AM|
China’s airlines carried 436.34 million passengers on domestic routes in 2016, up by 10.7% YoY. Passengers on international routes rose 22.7% to 51.62 million last year.
Tongcheng Tourism sets up own airlines for one billion yuan
05/02/2017|9:19:38 AM|
Online travel agency Tongcheng Tourism announced that it has invested RMB 1 billion to set up an airline company.
China’s airports break 1 billion mark for annual passenger throughput
02/28/2017|1:59:41 PM|
The passenger throughput of airports in China topped 1 billion in 2016 for the first time, up by 11.1% YoY. The Passenger volume of international flights rose 19.3% YoY to more than 100 million in the year.
132 international air routes launched in China in Q2, 60% in lower tier cities
07/15/2016|11:10:33 AM|
CAAC approved 132 new international routes operated by local and international carriers, and around 60% of the routes connect with lower tier cities in the country.
Ctrip becomes China Eastern’s fifth largest shareholder after RMB 3 bn investment
07/06/2016|10:05:19 AM|
China Eastern Airlines has raised RMB 8.548 billion in a private placement and Ctrip has become the carrier’s fifth largest stakeholder after taking 3.22% for RMB 3 billion.
China Eastern announces segment-based agent fee policy for domestic flights
06/17/2016|11:11:38 AM|
China Eastern Airlines formally released a new agent fee structure for domestic flights paying agent fees by segment and class, effective July 1, 2016.
HNA Group mulls new aviation foothold in Europe
05/25/2016|7:26:18 PM|
China’s fourth largest aviation conglomerate, is taking an expansion trajectory in Europe that is seen as much more ground-breaking than the strategy of leveraging airline alliance partnerships for intercontinental growth
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