Air China, China Eastern and China Southern reported a US$1.21bn shareholder loss as fuel costs rose by over a third.
Like other airlines, Chinese carriers are battling high jet fuel costs. But they can't easily pass along cost increases to price-sensitive passengers, who have access to high-speed rail services. HSBC ...
Boeing shares dip; Airbus holds strong position in China Beijing asks Chinese carriers to halt purchases of US aircraft-related equipment and parts, Bloomberg reports Beijing considers aid for ...