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Juneyao Air cleared for Shanghai IPO
04/23/2015|9:41:03 AM|
China’s first private charter airline Juneyao Air has been cleared for a Shanghai IPO on April 22 by the China Securities Regulatory Commission.
CAR Inc to add P2P car rental as an auxiliary service to its expanding operations
04/21/2015|3:48:21 PM|
CAR Share has a vehicle pool comprising privately owned cars as well as vehicles from a range of small- and medium-sized car rental companies.
Air China confirms SAA partnership but denies acquisition rumor
04/20/2015|3:21:25 PM|
Air China has denied rumours it is buying into South Africa Airways while confirming that it is forming a partnership with SAA.
Caissa Touristic uses shell company Easy Food to go public
04/20/2015|3:16:48 PM|
Publicly listed Easy Food will issue 432 million shares to give HNA Tourism majority control and make it a shell for HNA subsidiary Caissa Touristic.
Air China and Hainan Airlines partner with South African Airways
04/17/2015|3:18:00 PM|
SAA, Air China and Hainan Airlines are discussing a partnership to build an African aviation hub and possibily take equity in the struggling South African carrier.
Utour records 40.32% jump in revenue in 2014
04/14/2015|9:21:42 AM|
Utour reported stable growth, with 46.92% y-o-y growth in revenue for its wholesale operations and 42.03% growth in retail operations for 2014.
Hainan Airline to raise US$3.8 billion in private offering
04/14/2015|9:21:28 AM|
Hainan Airlines plans to make a private offering of 6.593 billion shares at a minimum of RMB3.64 per share to raise up to RMB24 billion.
China Southern makes stunning turnaround in profit
04/13/2015|9:22:50 AM|
China Southern Airlines has made more in the first quarter of this year than the whole of last year, reporting estimated net profits of RMB1.8-2 billion for Q1.
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