Western airlines risk suffering greater disruption than their Chinese rivals this summer, as the escalating conflict between Iran and Israel – compounded by US military strikes – forces most carriers to avoid flying over dangerous airspace on China-Europe routes. Analysts said that while almost all carriers have diverted services to bypass Iran and parts of…
Hong Kong flag carrier Cathay Pacific Airways’ net profit rose 1 per cent to HK$9.9 billion (US$1.3 billion) in 2024, marking its second consecutive year of robust performance driven by stronger cargo and passenger demand, lower fuel prices and higher cost efficiencies. Cathay Group chairman Patrick Healy said on Wednesday that the results were strong…
United States, China, India, Germany, Japan, United Kingdom, France, Canada, Italy, and Brazil Drive the Four Hundred- Thirty Billion Dollars Airline…
A dedicated fund for state capital grants to supercharge breakthroughs in China’s aircraft-technology research will soon accept applications and identify recipients, as Beijing builds on the momentum of home-grown jets such as the C919 to develop domestic aviation solutions and components. The fund, established by the Ministry of Industry and Information Technology and National Natural…
