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07.08.25 - 11:54
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Cathay Pacific Makes First Boeing Widebody Purchase Since 2013 (ZeroHedge)
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Cathay Pacific Makes First Boeing Widebody Purchase Since 2013
Cathay Pacific Airways is set to purchase 14 Boeing 777-9 jets for $8 billion, with options for seven more, marking a major expansion of its long-haul fleet. Notably, this is the Hong Kong-based airline's first order of Boeing widebody aircraft since 2013, according to Bloomberg. The timing of the deal might be significant, as it comes when U.S.-China trade negotiations remain ongoing.
Cathay Pacific is a publicly traded airline listed on the Hong Kong Stock Exchange. Its ownership is disproportionately concentrated in three major stakeholders: Swire Pacific Limited (Swire Group) at 45%, Air China Limited at 30%, and Qatar Airways at just under 10%. The three make up about 75% ownership of the airline, with the other 25% of its shares held by other institutional investors.
The deal for the new 777-9 jets won't be delivered until 2034, and suggests two things:
Long-term confidence in travel demand remains stro...
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29.07.25 - 10:45
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3 CN Major Airlines Directly Sell Tickets on TRAVELSKY TECH's 'Umetrip' (AAStocks)
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TRAVELSKY TECH (00696.HK) launched an official direct sales function on its civil aviation information service platform "Umetrip". AIR CHINA (00753.HK), CHINA SOUTH AIR (01055.HK), and CHINA EAST AIR (00670.HK) announced that they are now conducting direct ticket sales on Umetrip to provide a more convenient, secure, a......
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16.06.25 - 06:00
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Research: DBS Adds AIR CHINAs TP to HKD5.4, Rating Hold (AAStocks)
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DBS Research has issued a report predicting AIR CHINA (00753.HK) (601111.SH) to improve its profitability on the back of a nosedive in operating costs from lower aviation fuel prices and a weaker USD, though its passenger revenue on domestic and international routes will remain under pressure due to dull consumer sentiment and i......
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03.06.25 - 04:45
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AIR CHINA Deepens Co-op with Emirates in Intermodal & Code Sharing (AAStocks)
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AIR CHINA (00753.HK) (601111.SH) has signed a memorandum of understanding to deepen cooperation with Emirates.Both parties aim to jointly advance cooperation in areas such as intermodal and code sharing, frequent flyer and lounge services, network connectivity optimization, customer experience enhancement, and cargo business.~AA......
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30.05.25 - 11:15
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AIR CHINA Reportedly Receives 1st Domestic C919 Aircraft This Yr (AAStocks)
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The Commercial Aircraft Corporation of China (COMAC) delivered a brand new C919 aircraft to AIR CHINA (00753.HK)(601111.SH), the first C919 received by AIR CHINA this year, and the company's fourth C919, according to China Business Network.COMAC has delivered two C919s to CHINA SOUTH AIR (01055.HK) (600029.SH) this year, whi......
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28.05.25 - 06:15
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Midday Takeaway: HSI Closes Midday at 23,254, Down 127 pts; HSTI Closes Midday at 5,162, Down 19 pts; KUAISHOU-W Up over 5%; NTES, YSB, SF INTRA-CITY, CHINA EAST AIR, AIR CHINA Hit New Highs (AAStocks)
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At midday close, HSI dropped 127 pts or 0.5% to 23,254. HSTI dropped 19 pts or 0.4% to 5,162. HSCEI fell 31 pts or 0.4% to 8,438.Active Heavyweights:BABA (09988.HK) closed at $115.8, down 1.9%MEITUAN (03690.HK) closed at $130.4, down 1.3%HKEX (00388.HK) closed at $393.2, down 1.3%TENCENT (00700.HK) closed at $506, down 1.2%CCB (......
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26.05.25 - 10:15
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Full-day Takeaway: HSI Down 318 pts; HSTI Down 89 pts; MEITUAN Down over 5%; JOHNSON ELEC H, AIR CHINA, ZHAOJIN MINING, SDHG, CHINA EAST EDU Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 318 pts or 1.4% to 23,282. HSTI dropped 89 pts or 1.7% to 5,157. HSCEI fell 146 pts or 1.7% to 8,437. Market turnover reached $223.52 billion.Active Heavyweights:MEITUAN (03690.HK) closed at $129.4, down 5.5%BABA (09988.HK) closed at $116.9, down 1.6%TENCENT (00700.HK) closed at $510, down 1.5%CCB (00939.HK......
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26.05.25 - 06:15
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Midday Takeaway: HSI Closes Midday at 23,366, Down 235 pts; HSTI Closes Midday at 5,177, Down 69 pts; MEITUAN Down over 5%; AIR CHINA, ZHAOJIN MINING, HEC CJ PHARM, SDHG, CHINAGOLDINTL Hit New Highs (AAStocks)
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At midday close, HSI dropped 235 pts or 1.0% to 23,366. HSTI dropped 69 pts or 1.3% to 5,177. HSCEI fell 109 pts or 1.3% to 8,474.Active Heavyweights:MEITUAN (03690.HK) closed at $129.9, down 5.1%TENCENT (00700.HK) closed at $511, down 1.4%HKEX (00388.HK) closed at $390.4, up 0.8%BABA (09988.HK) closed at $118.4, down 0.3%CCB (0......
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30.04.25 - 10:13
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Air China Q1 Loss Widens, Revenue Edges Down (AFX)
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BEIJING (dpa-AFX) - Air China Limited (AIRC.L, AIRYY.PK) reported Wednesday wider net loss in its first quarter with slightly lower revenues.In the first quarter, net loss attributable to sharehol......
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