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U.S. Aviation Initiatives Celebrated at APEC Meeting in San Francisco

The civil aviation industry's goal to achieve net-zero carbon emissions by 2050 took another step forward this week at the APEC (Asia-Pacific Economic Cooperation) meeting in San Francisco. Boeing, the Department of Transportation (DOT) and the Federal Aviation Administration (FAA)…

U.S.-China Flights to Increase to 70 Round Trips Weekly

The United States Department of Transportation (DOT) recently approved increasing the weekly frequency of U.S.-China flights by Chinese carriers to 35 on October 26. The latest update means the total flights between the U.S. and China will grow to 70…

Air China Turns Profit in Third Quarter

On October 26, Air China released its Q3 2023 financial report, showing the airline has made its first profitable quarter since 2020. The airline has made RMB4.2Bn ($0.59Bn) in profit during Q3 and has cleared all losses in the first…

Chinese Aviation Market Cools Down After Record-Breaking Holiday

During the first week of October, China entered into an eight-day National Day Holiday. This holiday was the longest public holiday in China during 2023. Many Chinese people travel during this holiday, and they have experienced the busiest national day…

Big Three Chinese Airlines Report First Half 2023 Losses

On August 30, the big three airlines, Air China, China Eastern, and China Southern released their results in the first half of 2023 (1H23). Overall, the carriers still recorded negative profits, but the amount of loss has been significantly reduced…