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Search Result for “airline losses”

Showing 1 - 10 of 23

WORLD

Chinese airlines oppose US plan to stop them flying over Russia on way to America

South China Morning Post, Published on 16/10/2025

» HONG KONG — All major Chinese airlines operating flights to the United States have formally opposed or asked for reconsideration of a proposal from the United States government that could bar them from flying over Russian airspace on US routes as early as next month.

BUSINESS

Quake fears drive some Hong Kong tourists away from Asian cities

South China Morning Post, Published on 14/04/2025

» HONG KONG — Concerns over earthquakes have contributed to a decline in the number of Hong Kong residents joining tour groups to some popular Asian destinations this Easter, despite prices falling by as much as 15% over last year's level, one of the city's largest travel agents has said.

WORLD

Power bank warning for passengers after aircraft fire

South China Morning Post, Published on 31/01/2025

» HONG KONG — Airline passengers should ensure their power banks are in good condition and from reputable brands before boarding flights, experts have warned, after a charging device was suspected to have caused a fire on board an aircraft preparing for departure from South Korea to Hong Kong.

BUSINESS

China breaks durian import record

South China Morning Post, Published on 23/01/2025

» LONDON — With China's durian imports breaking records in 2024 - reaching nearly US$7 billion in value - competition for its market, the world's largest, has intensified as Vietnam and Malaysia ramp up their efforts to dethrone Thailand as chief provider of the beloved tropical fruit.

PROPERTY

Thailand's property boom attracts Chinese investors, but fraud risks loom

South China Morning Post, Published on 19/12/2024

» Thailand's property market is booming and so is fraud. Mainland Chinese buyers, who accounted for nearly half of the purchases by foreigners last year, are among the victims.

BUSINESS

Chinese EV makers' price wars will sow doubts over quality

South China Morning Post, Published on 13/06/2024

» BEIJING - Price competition among Chinese electric vehicle (EV) makers abroad is not sustainable since consumers will start to doubt the quality and reliability of the cars if they are frequently discounted, according to Bain & Co.

BUSINESS

Cathay Pacific will launch new routes only after return to full capacity

South China Morning Post, Published on 04/06/2024

» HONG KONG: Hong Kong flag carrier Cathay Pacific Airways will not expand into new routes until after it restores full capacity by the first quarter of next year, its chairman has said, adding that speeding up its timeline "is not the right thing to do".

WORLD

China hands death sentence to ex-banker for taking bribes

South China Morning Post, Published on 29/05/2024

» BEIJING - A court in eastern China delivered a rare death sentence on Tuesday, after finding that a former senior banker accepted bribes worth more than 1.1 billion yuan (US$151 million) in his role with one of the country's top four state asset managers.

BUSINESS

China's EV price war spreads overseas

South China Morning Post, Published on 25/05/2024

» BEIJING - A price war among Chinese electric vehicle (EV) assemblers is spreading to overseas markets as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses at home.

BUSINESS

China's flagship airline boosts home-grown jet, challenging Boeing

South China Morning Post, Published on 30/04/2024

» HONG KONG: Air China's eye-catching agreement to buy 100 domestically made C919 jets is expected to turn heads overseas and further elevate interest in the relatively new planes as the reputation of rival Boeing has been grounded by safety concerns.