Air China's Latest U.S. Expansion Connects Silicon Valley and Shanghai
BusinessWire - Thu Jun 09, 12:00PM CDT
Air China's robust expansion in North America continues with the launch of its thrice weekly nonstop service between San Jose and Shanghai on Sept. 1, 2016. The new flight will be operated by A330-200, offering business and economy class cabins.
Air China Introduces its First Boeing 787-9 Dreamliner
PR Newswire - Wed May 25, 10:00AM CDT
Boeing (NYSE: BA) and Air China officially unveiled the airline's first 787-9 Dreamliner to the public at a grand ceremony in Beijing today. The national flag carrier is the first airline in the country to have a 787-9 enter into service.
BA: 134.72 (-0.28)
Kaplan Fox Announces Total Air Cargo Settlement of $1.24 Billion
Marketwired - Thu May 19, 7:34PM CDT
NEW YORK, NY--(Marketwired - May 19, 2016) - Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) announces a $12.5 million settlement subject to court approval between Air India Ltd. ("Air India"
Kaplan Fox Announces Air Cargo Settlements Now Exceed $1.2 Billion
PRWeb - Sun May 08, 5:30PM CDT
Kaplan Fox & Kilsheimer LLP announces a settlement agreement subject to court approval between Air New Zealand Limited ("Air New Zealand"
Kaplan Fox Announces That Air Cargo Settlements Now Total More Than $1.2 Billion
Marketwire Canada - Sun May 08, 5:19PM CDT
NEW YORK, NY--(Marketwired - May 08, 2016) - Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) announces a $35 million settlement subject to court approval between Air New Zealand Limited ("Air New Zealand"
United Airlines and Air China Strengthen and Extend Strategic Partnership
PR Newswire - Wed Mar 23, 8:01AM CDT
Air China and United Airlines recently signed a multi-year agreement to strengthen their long-standing strategic partnership. In addition to the long-term extension of their agreement, Air China and United have established a joint strategic initiative that will significantly deepen coordination between the two airlines for the benefit of their customers in China and the United States.
UAL: 48.18 (+0.19)
Kaplan Fox Announces $50 Million Air China Settlement
PRWeb - Fri Feb 05, 10:50AM CST
Kaplan Fox & Kilsheimer LLP (http://www.kaplanfox.com) announces a $50 million settlement subject to court approval between Air China Ltd. and Air China Cargo Co. Ltd. ("Air China"
$150 Million in Settlements in Air Cargo Litigation Resolves Claims Against All But Two Holdout Defendants In Imminent Trial
BusinessWire - Fri Feb 05, 9:12AM CST
Robins Kaplan LLP announced today settlements totaling $150 million with half of the remaining defendants in long-running antitrust litigation originally brought against nearly three dozen providers of air cargo services. The settlements with corporate entities from Air China (Air China Limited and Air China Cargo Company Limited) and Polar Air (Polar Air Cargo, LLC; Polar Air Cargo Worldwide, Inc.; and Atlas Air Worldwide Holdings, Inc.) bring the plaintiffs' total recoveries in the litigation to almost $1.2 billion and leave just two defendants--Air India and Air New Zealand--to face trial in September 2016.
Asia Airlines Market Study - Changing the Status Quo: Embracing Mobile Technology and Launching Mobile Applications that Deliver Customised Solutions to Travellers
M2 - Wed Jan 27, 9:33AM CST
Research and Markets (http://www.researchandmarkets.com/research/4dpvfj/airlines_in_asia) has announced the addition of the "Airlines in Asia: Changing the Status Quo" report to their offering. The Airlines in Asia: Changing the Status Quo global briefing offers an insight into to the size and shape of the Travel market, highlights buzz topics, emerging geographies, categories and trends as well as pressing industry issues. It identifies the leading companies and brands, offers strategic analysis of key factors influencing the market from innovation, pricing, channel distribution to economic/lifestyle influences. Forecasts illustrate how the market is set to change and outlines the criteria for success. The airline segment in Asia Pacific thrived in the last year with low cost carriers expected to continue to show a very strong growth. Infrastructure developments and establishment of new airline partnerships have been dominating the industry. Low fuel prices also helped airlines and their profitability, while new plane orders continued to be a strong area for growth. Rising Internet and financial card penetration have boosted online sales of airline tickets and advances in card security. Driven by an increasingly urban demographic, intense competition with schedule operators and strong expansion plans, many of the low cost airlines in Asia Pacific are entering their maturing stage. The development of China's aviation infrastructure is a high priority for the local government. The Civil Aviation Administration of China announced that it will build 82 new airports across the country and refurbish a further 101 by 2015 as part of China's 12th 5-Year Plan, which is expected to take the number of airports in the country to around 230. Key Topics Covered: 1. Introduction - Scope - Key findings 2. Market Background - Asia Pacific in 2030 - The markets of the future - Foreign investment increasing - The middle class in emerging and developing Asia - Hong Kong: Strong income levels - China is slowing down - but aviation infrastructure is growing - Open Skies Policy in the ASEAN - SWOT 3. Regional Performance - Asia Pacific tops the leaderboard - Tourist arrivals in Asia Pacific - Air passengers flows - Top markets for outbound departures in Asia - Intra-regional demand on the up - Low cost segment will continue to grow - Asian travellers: The keen travellers - Hedging is key - Demand gives boost to fleet numbers 4. Competitive Landscape - Air China remains the regional leader - dwarfing the Asia Pacific competition - Case Study: Air China - Tactical moves to outmanoeuvre the competition - Expansion through new fleet - Minimal change to regional revenue exposure - Chinese Airlines among the top global players - Case study: Singapore Airlines - Key strategic objectives and challenges - Cathay Pacific overtaking Singapore Airlines? - Low cost carriers ranking - Case study: Cebu Air - Aggressive growth - India liberalising 5. Airline Travel Trends - Rail: A real threat to airlines - Business class in demand - Japan: The low cost airline segment maturing? - Mobile category: Increasing its dominance Companies Mentioned - Air China - Cebu Air - Singapore Airlines For more information visit http://www.researchandmarkets.com/research/4d...es_in_asia
Boeing, Air China Finalize Order for Six 777-300ERs
M2 - Tue Jan 12, 4:20AM CST
Boeing [NYSE:BA] and Air China today announced an order for six additional 777-300ER (Extended Range) jetliners. The order is valued at more than $2 billion at current list prices and bolsters Air China's long-haul widebody fleet as it looks to expand its international network.
BA: 134.72 (-0.28)
Air China Announces the Start of its Beijing-Montreal-Havana Service in Beijing
PR Newswire - Mon Dec 28, 12:40AM CST
On December 27, 2015, Air China announced at a ceremony held at T3 of Beijing Capital International Airport that it would start China's first route to Cuba. The inaugural flight will depart from Beijing for Havana, the capital of Cuba, with a stopover in Montreal. In attendance were distinguished guests from the Cuban Embassy in China, Beijing Capital International Airport and Air China.
Global Full-Service Carrier Market 2016-2020 - APAC Region Dominating
M2 - Thu Dec 10, 4:00AM CST
Research and Markets (http://www.researchandmarkets.com/research/xpt3v2/global) has announced the addition of the "Global Full-Service Carrier Market 2016-2020" report to their offering. This new report predicts the full-service carrier (FSC) market to grow at a CAGR of approximately 3% between 2016 and 2020. Over the last few years, the global air passenger traffic has been increasing tremendously, especially in emerging countries such as APAC, the Middle East, and South America, which is an important growth driver for the FSC market. In the next 20 years, the global air passenger traffic has been estimated to increase at an annual average of approximately 5%, wherein FSCs account for the significant market share of this traffic. In 2014, FSCs comprised approximately 70% of global air passenger seat capacity. FSCs also provide cargo services to utilize fully their available capacity and expand their market size. In 2015, the APAC region has been the largest revenue contributor to the full-service carrier market with close to 37% market share, and this region is expected to retain its leadership and showcase a CAGR of more than 4% during the forecast period. It is estimated that almost 50% of the global air passenger traffic will originate from the APAC region over the next 20 years. Companies Mentioned - - American Airlines - China Eastern Airlines - China Southern Airlines - Delta Airlines - United Airlines - Air China - Air France - All Nippon Airways - British Airways - China Eastern Airlines - Emirates - Lufthansa - Turkish Airlines Report Structure: PART 01: Executive summary PART 02: Scope of the reportPART 03: Market research methodology PART 04: Introduction PART 05: Market landscape PART 06: Aerospace and defense supply chain system PART 07: Aerospace and defense value chain system PART 08: Geographical segmentation PART 09: Market drivers PART 10: Impact of drivers PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Market trends PART 14: Vendor landscape For more information visit http://www.researchandmarkets.com/research/xpt3v2/global
Ceremony for the launch of Air China's Beijing-Auckland service held in Beijing
CNW Group - Wed Dec 09, 8:30AM CST
At a press conference held at Terminal 3 of Beijing Capital International Airport on December 9, 2015, Air China announced that it would start Beijing-Auckland nonstop service on December 10.
Air China to start Beijing - Havana - Montreal service
PR Newswire Europe - Wed Dec 02, 1:20AM CST
Montreal - Havana service on December 27, 2015, a southward extension to Havana of the carrier's Beijing - Montreal service already started on September 29. With the extension, passengers make a short stopover in Montreal and then continue their journey to the "Jewel of the Caribbean" for its romantic Latin American charms.