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China Eastern to finish negotiation on contract details with SIA this month |
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Written by Administrator
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Wednesday, 17 October 2007 |
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BEIJING, Oct. 16 (InfoChina)- China Eastern Airlines (CEA.NYSE; 0670.HK; 600115.SH) is negotiating contract details with Singapore Airlines (SIA) and will try to finish the negotiations by the end of this month, Luo Zhuping, board secretary of China Eastern told Xinhua-run Shanghai Securities News. |
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Chinese airline stocks fall upon pending Q3 reports |
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Written by Administrator
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Monday, 15 October 2007 |
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BEIJING, Oct. 15 (InfoChina)- The A-share prices of Chinese airlines listed on the Shanghai bourse including the three largest airline companies China Southern Airlines (ZNH. NYSE; 1055.HK; 600029.SH), Air China (601111.SH) and China Eastern Airlines (CEA. NYSE; 0670.HK; 600115. SH) all dropped Monday, despite surge of the Shanghai market with the benchmark Shanghai Stock Exchange Composite Index breaking the 6,000-point level. |
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Total assets of CSAG likely to surpass 100 bln yuan next year |
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Written by Administrator
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Monday, 15 October 2007 |
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BEIJING, Oct. 15 (InfoChina) - The total assets of China Southern Airlines Group (CSAG), parent company of China Southern Airlines (ZNH.NYSE; 1055.HK; 600029.SH), are expected to reach 88 billion yuan by the end of this year and likely to break the 100 billion yuan level by the end of next year, an official with the group company noted on the group’s fifth anniversary ceremony. |
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Chinese airline shares plunge despite market surge Monday |
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Written by Administrator
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Tuesday, 09 October 2007 |
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BEIIJING, Oct. 8 (InfoChina)- The A-share prices of Chinese airlines listed on the Shanghai bourse including the three largest airline companies China Southern Airlines (NYSE:ZNH, HK: 1055, SH: 600029), Air China (601111.SH) and China Eastern Airlines (NYSE:CEA, HK: 0670, SH: 600115) all plunged Monday, the first trading day after the weeklong National Day holiday, despite surge of the Shanghai market led by financial and real estate stocks. |
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Rongtong Fund confident in long-term valuation of Chinese airline stocks |
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Written by Administrator
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Tuesday, 09 October 2007 |
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BEIJING, Oct.8 (InfoChina) – Analysts with Rong tong Fund Management Co. Ltd (Rongtong Fund) have expressed confidence in long-term valuation of Chinese airline stocks, believing that the airline stocks will benefit from RMB appreciation and China’s increasing air transport demand. |
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