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Old April 13th, 2006, 07:04 AM   #681
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Beijing Capital Intl Sees Strong Rise In 06 Traffic
12 April 2006

HONG KONG (Dow Jones)--Beijing Capital International Airport Co. (0694.HK) said Thursday it expects a strong increase in air traffic volume at Beijing airport on stable economic growth and a relaxation of controls on aircraft movements.

The company, which operates the Beijing Capital International Airport, expects higher throughput capacity by the end of this year when the reconstruction of facilities at the airport is completed, it said in a statement.

It will also benefit from an increase in aircraft movements, after China in February lifted a ban on flights after midnight. Planes are now allowed to take off and land up till two o'clock in the morning.

'All these favorable factors will contribute to higher air traffic volume at the Beijing Airport,' its chairman Wang Zhanbin said in a statement, without elaborating.

In the first quarter of 2006, passenger throughput reached 10.44 million, up 20% from the year-earlier period. Freight throughput was 202,280 metric tons, up 19% on year.

Beijing Capital handled 41 million passengers last year, up from 34.9 million in the year-earlier period.

Freight throughput rose 17% to 782,066 tons from 668,690 tons.

The company posted after Wednesday's close a net profit of CNY908.51 million for the year ended Dec. 2005, up 21% from CNY749.45 million in the year-earlier period, despite a decline in revenue.

Revenue for the period fell to CNY3.09 billion from CNY3.13 billion, as non-aeronautical operations offset stronger aeronautical revenues, which include passenger charges, aircraft movement fees and airport fees.

Non-aeronautical operations include shop rentals, restaurants and advertising.

The third phase of the airport's expansion, which is under construction, is proceeding according to schedule, the company said.
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Old April 13th, 2006, 08:09 PM   #682
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Chinese police investigate apparent suicide aboard airplane
13 April 2006

SHANGHAI, China (AP) - A man found dead in an aircraft lavatory during a flight to the southwestern Chinese city of Kunming is believed to have committed suicide, police said Thursday.

The man was discovered Tuesday as the China Southern Airlines flight from the western city of Chongqing was nearing Kunming, according to a police statement published by a local newspaper, the Chuncheng Evening News.

Staff at the airline refused comment, referring questions to police. Police also refused comment, saying that apart from the statement no more information could be released.

The statement said that the 43-year-old man from Chongqing committed suicide. The report also said that he had purchased four flight insurance policies, worth a total of 1.6 million yuan (US$200,000), but that because police ruled he committed suicide the insurers would not pay.

A report in the state-run newspaper Shanghai Daily said the man apparently had slit his throat, but it did not say how. The only thing found in the lavatory with the man was an electric shaver, it said.
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Old April 14th, 2006, 07:01 AM   #683
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Airliners, fuel supplier suspend talks on jet fuel prices without reaching agreement
14 April 2006
Xinhua's China Economic Information Service

BEIJING, April 14 (CEIS) – Four Chinese airlines and monopolizing jet fuel supplier, China Aviation Oil (CAO), have left their negotiation table without reaching any agreement on lowering jet fuel prices.

The two sides began talks on April 1, when the government inaugurated a new pricing system which allows airliners to negotiate with CAO on fuel price within a deviation range of 8 percent over CAO’s set profit margin of 480 yuan/ton.

The airline side, comprising Air China, China Southern Airlines ( NYSE: ANH), China Eastern Airlines (NYSE: CEA) and Shanghai Airlines, requested CAO to lower the price by 8 percent, citing their lean profit margins and the slump aviation market.

CAO, however, refused to make any stepback on the price and on the contrary, it said the price should be higher.

In spite of the absence of agreements on fuel prices, industry observers say the two sides will eventually reach agreements since that is a set direction. And the April negotiations, though unsuccessful, have set a good beginning for the liberation of jet fuel prices.

Jet fuel pricing reform is regarded as a spearhead to an overall oil product pricing reform by the Chinese government. All traces show that such a reform is accelerating as energy supply becomes an increasingly worrisome problem for the country as a whole.

With a galloping economy, China’s jet fuel demand will rise to 15- 17 million tons by 2010, 61.3-82.8 percent higher than 2005’s 9.3 million tons. Since international oil prices are generally predicted to stay high for years to come, domestic jet fuel prices are unlikely to drop considerably as well, which will force Chinese air companies to increase fuel efficiency to lower cost, rather than reply on the government for favorable policies to cover the fuel-caused losses.
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Old April 15th, 2006, 06:34 PM   #684
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Air China to buy 20 planes/yr for next few yrs-exec

BEIJING, April 15 (Reuters) - Air China Ltd. plans to buy at least 20 aircraft a year in the next few years, its chairman told Reuters on Saturday, to expand its fleet and retire ageing planes.

The airline agreed this month to buy 20 planes from Boeing Co. , as part of a wider Chinese deal to purchase 80 Boeing 737 single-aisle planes.

The planes would be delivered from 2008, Li said on the sidelines of a meeting with visiting officials from Taiwan's opposition Kuomintang party.

Boeing and European rival Airbus, a unit of EADS , are competing for orders from China, where rising wealth and an increasingly mobile population mean passenger traffic is growing more than 10 percent a year.

Li said opening tourism ties with Taiwan could boost revenues for airlines on both sides of the Taiwan Strait by 50 billion yuan ($6 billion) a year, with an estimated 8 million people a year expected to take advantage of easier access. (US$1=8.014 yuan)
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Old April 17th, 2006, 06:01 PM   #685
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China Eastern Airlines March passengers at 2.9 mln, up 101.05 pct yr-on-yr
17 April 2006

BEIJING (AFX) - China Eastern Airlines Corp Ltd said it carried 2.9 mln passengers in March, up 101.05 pct year-on-year.

In the first three months of the year, total passengers carried rose 97.6 pct year-on-year to 8.02 mln, the Shanghai-based carrier said.

China Eastern carried around 2.37 mln passengers on domestic flights in March, up 135.8 pct from a year earlier.

It carried 351,080 passengers on international routes, up 40.75 pct, while passengers flying to Hong Kong and Macau fell 2.87 pct to 185,530.

The carrier added that for March, its passenger load factor was 70.93 pct, up 6.95 percentage points year-on-year.

For the first three months of the year, the passenger load factor was 69.96 pct, up 7.43 percentage points.

The company said its March cargo throughput rose 34.98 pct year-on-year to 82,520 tons. The total for Jan-March stood at 201,860 tons, up 26.7 pct from the same period last year.

China Eastern's cargo load factor in March rose 0.96 percentage points to 56.78 pct.

In the first three months of the year, the airline said its cargo load factor was 52.29 pct, up 0.05 percentage points.
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Old April 18th, 2006, 02:10 AM   #686
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China Southern to start regular flights to NKorea: report

BEIJING, April 17, 2006 (AFP) - China Southern Airlines, one of the nation's three largest carriers, will start a new route to the North Korean capital Pyongyang, Chinese state media said Monday.

The carrier will kick off the new route on April 26, making two-way flights on Mondays, Wednesdays and Fridays from Beijing, the Xinhua news agency reported, citing unnamed executives with the company.

The flights will run until October 30, the agency said. It was unclear if there were plans to repeat the schedule next year.

The carrier expects to use either Boeing 737-800s or 737-300s for the route, Xinhua said.

It cited what it called "incomplete statistics" showing that 240,000 Chinese visited North Korea last year.
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Old April 18th, 2006, 03:56 AM   #687
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A U.S. made Boeing 737 in North Korea? I've gotta see this. This is cool.

I would love to visit North Korea but sadly I think it's very hard for a U.S. citizen like me to obtain a visa and fulfill the other requirements for visiting North Korea.
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Old April 19th, 2006, 02:54 AM   #688
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Air China Says Net Profit Rose 0.9 Pct.
18 April 2006

HONG KONG (AP) - Air China Ltd., the Chinese flag carrier, said Tuesday its 2005 net profit rose 0.9 percent from the previous year, partly boosted by an increase in passengers and cargo that helped offset higher fuel prices.

The firm declared a dividend for the first time since its listing.

The company's net profit for the year ended Dec. 31 was 2.41 billion yuan ($300.8 million), up from 2.39 billion yuan in the previous year. That was sharply higher than the average estimate of 1.58 billion yuan ($197.2 million) of 15 analysts polled by Thomson Financial.

The company's revenue rose to 38.29 billion yuan ($4.77 billion) from 33.52 billion yuan.

Chairman Li Jiaxing said in a statement that "2005 was an extremely difficult year for the global aviation industry. As with other carriers, the rising cost of jet fuel was a major challenge for us. Despite this, we remained the most profitable airline among the major carriers in China."

Li said the airline used computerized flight planning systems and improved flight route planning to minimize flying distances and save fuel.

Air China, which listed in Hong Kong in December 2004, declared a final dividend of 0.02383 yuan (.0029 U.S. cents) a share. It didn't propose a final dividend for the previous year.

Air China's profit growth came as a stark contrast to its rival, China Eastern Airlines Ltd., which recently posted a net loss of 467.3 million yuan ($58.3 million) for the full year that ended Dec. 31, 2005. China Eastern blamed a 64-percent rise in fuel costs.

Analysts said Air China enjoys a cost advantage over its rivals as more than half of its flights are international, so it can buy jet fuel from global markets at lower prices.

Shanghai-based China Eastern and Air China's other main rival, China Southern Airlines Ltd., derive most of their revenue from domestic traffic rather than international.

Chinese airlines have no choice but to buy fuel for domestic flights from dominant state-run China Aviation Oil Holding Co. at prices set by the Singapore-listed fuel provider.

The Chinese government last month raised domestically produced jet fuel prices by 3 percent to 6 percent, a move that will raise airline costs slightly.

Beijing-based Air China is on an expansion path to tap rising demand stemming from increasing business activities in China and Olympic Games in 2008.

The airline carried 27.69 million passengers in 2005, up 13 percent from 24.5 million passengers in 2004.

The airline, which operates a fleet of 180 aircraft, earlier agreed to buy 10 new Boeing 737 aircraft.
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Old April 19th, 2006, 04:48 PM   #689
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China Southern Airlines reports net loss of US$230.9 million in 2005
19 April 2006

HONG KONG (AP) - China Southern Airlines Co., one of China's three biggest carriers, on Wednesday reported a 2005 net loss of 1.85 billion yuan (US$230.9 million, €187.4 million), widening from a 48 million yuan loss in 2004.

Revenue during the period rose to 38.29 billion yuan (US$4.77 billion, €3.88 billion) from 23.97 billion yuan.

The airline, based in the southern city of Guangzhou, didn't elaborate on its results in its brief statement to the Hong Kong stock exchange. The company has scheduled a news conference on Thursday.

China Southern said earlier it expected to report a loss for 2005, as higher jet fuel prices substantially increased its operating costs.

"In addition, the competition in the Chinese domestic aviation transportation industry has intensified, making it difficult for the company to raise its yield," the airline said in January.

China Southern Airlines is 50.3 percent-owned by China Southern Group, and is one of China's biggest carriers along with China Eastern Airlines Corp. and Air China Ltd.
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Old April 20th, 2006, 05:01 PM   #690
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China Southern Airlines says it may get rid of old planes, buy new ones
20 April 2006

HONG KONG (AP) - Loss-making China Southern Airlines Co., one of China's three biggest carriers, said Thursday it may dispose of some of its assets, including old planes, to help offset rising costs, but will also expand its fleet in the next two years.

"For those assets which no longer have any contribution (to our earnings), they will be gradually phased out," chairman Liu Shaoyong said.

Liu was speaking at a briefing on the company's earnings after the Guangzhou-based carrier reported Wednesday a net loss for a third consecutive year.

The company, China's largest airline by revenue, said its net loss in 2005 was 1.85 billion Chinese yuan (US$231 million; €187.3 million), up from a loss of 48 million yuan in the previous year, due to higher jet fuel prices and fierce competition among domestic airlines.

China Southern's Hong Kong-listed shares finished 5.6 percent lower Thursday at HK$2.10.

Speaking on the sidelines of the earnings briefing, Xu Jiebo, a company director, said China Southern plans to sell 11 Boeing MD-82 aircraft this year that ceased operating in 2005.

"Hopefully, they will fetch some 100 million yuan (US$12.5 million; €10.1 million)," he said.

The Boeing MD-82 is an older model that has a high level of fuel consumption.

Xu said the company plans to spend 21 billion yuan (US$2.6 billion; €2.1 billion) in 2006 and 2007 on fleet expansion.

He said China Southern will increase its fleet by 15 percent this year to 299 aircraft, from 261 at the end of 2005, and will have a total of 330 aircraft by the end of 2007.

Liu said the company is inclined to finance the fleet expansion with U.S. dollar-denominated loans.

In late 2004, China Southern bought China Northern Airlines and Xinjiang Airlines from its parent for 16.91 billion yuan.

"Operating synergies of the integration couldn't be realized in such a short time," the company said in a statement Thursday.

During 2005, China Southern carried 44.12 million passengers, 56.4 percent more than in the previous year, and 775,000 metric tons (852,500 short tons) of cargo and mail, up 42.2 percent.
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Old April 20th, 2006, 06:26 PM   #691
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It would be really cool if China was able to build some fuel efficient MD-90's since they have the McDonnell Douglas factories.
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Old April 26th, 2006, 07:10 AM   #692
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China Shandong Air 1Q Losses CNY64.5 Mln Vs CNY61.5 Mln
25 April 2006

SHANGHAI (Dow Jones)--China's Shandong Airlines Co. (200152.SZ) Wednesday said its first-quarter losses widened from a year earlier on seasonal declines in passenger and cargo traffic.

The company said it expects to return to profit in the second quarter because of increased passenger demand and cost controls, but didn't give a specific forecast.

The airline posted a first-quarter net loss of CNY64.5 million, widening from CNY61.5 million a year earlier. Revenue rose to CNY828.6 million, from CNY509.4 million.

Shandong Airlines mainly flies domestic routes from eastern Shandong province to other destinations in China.

It carried 1.17 million passengers and 11,900 metric tons of mail in the first quarter, the company said, without giving year-earlier figures for comparison.

Shandong Airlines has Hong Kong dollar-denominated B-shares listed on the Shenzhen Stock Exchange.

-Rose Yu contributed to this story
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Old June 6th, 2006, 03:45 AM   #693
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Aviation industry of China

China's MA60 aircrafts enter international market



Two MA60 (Modem Ark 60) aircrafts were handed over to the Zimbabwean Airways at a ceremony held at the Xi'an Aircraft Industry (group) Company Limited by the China Aviation Industry Corp I April 23. At the ceremony Fiji signed a contract to purchase one MA60 aircraft with the China Aviation Industry Corp I. Eritrea and Congo also signed memos for purchase of three MA60 aircrafts respectively.

This is the first time that MA60 aircraft have entered the international market. Prior to that the Xi'an Aircraft Industry(group) Company Limited had sold eight Yun7 aircrafts to foreign buyers. More than 1,000 China-made airliners and cargo aircrafts have entered the international market so far, according to Fu Shula, general manger of the China National Aero-Technology Import & Export Corporation.

By People's Daily Online




Last edited by BJSH; June 6th, 2006 at 03:55 AM.
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Old June 6th, 2006, 04:55 AM   #694
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Old June 6th, 2006, 05:01 AM   #695
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those aircrafts look too colorful lol
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Old June 6th, 2006, 05:19 AM   #696
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It's a decent looking aircraft.
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Old June 6th, 2006, 05:24 AM   #697
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Old June 6th, 2006, 05:38 AM   #698
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中国新支线飞机ARJ21全面试制[组图]
中国国防科学技术工业委员会2006年5月31日下午宣布,中国拥有自主知识产权的ARJ21新型涡扇支线飞机研制工作已攻克一系列关键技术问题,圆满完成飞机详细设计阶段工作任务,可全面进入试制阶段。图为ARJ21新型涡扇支线飞机电脑效果图。







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Old June 6th, 2006, 05:40 AM   #699
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The Shanghai Y-10 was a four engined commercial passenger jet aircraft developed in the 1970s by Shanghai Aircraft Manufacture Factory (now known as Shanghai Aviation Industrial Co., or SAIC).
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Old June 6th, 2006, 07:49 PM   #700
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updates, pleasssssssssse
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