Godbless From Sweden, joined Apr 2000, 2753 posts, RR: 15 Posted (11 years 4 months 6 days 4 hours ago) and read 3152 times:
I just had a look at pictures from Air China and I was really surprised to see that they operate even more types of planes than Air France...
A319, A320, A340, 737-600, 737-700, 737-800, B747-400, 757-200, 767-200 and 777-200 and I might have missed some yet.
Looking at that fleet and then also knowing that the government more or less decides which airline gets which aircraft I have a question.
Is there is any Chinese airline that makes a profit or is the state control that high that airlines are still run the "communist-Aeroflot-way"?
Aal777 From Canada, joined Sep 2003, 9 posts, RR: 0
Reply 6, posted (11 years 4 months 5 days 8 hours ago) and read 2811 times:
I also have the same thought too. I always wonder why they have to operate so many different types of aircraft in the same categories. For example, China Eastern, even before the merger, it operates the MD80/90, A320, 737-200/300/700. Even though they still manage to post a profit (Air China, I read in the news section few weeks ago.) Does it really necessary for one airline to operate every type of aircrafts?....or they assign each aircraft on one specific route?....or it is because of its "prestige"?
CPH-R From Denmark, joined May 2001, 6214 posts, RR: 3
Reply 10, posted (11 years 4 months 5 days 7 hours ago) and read 2698 times:
Let's not forget that these airlines have a huuuuge market to serve, even if it's still quite few who can afford to travel by air. For instance, it's estimated that during the Chinese New Year, over 4 billion trips will be made by land, sea and air.
BEIJING, Jan 31 (Reuters) - Air China, which aims to list shares overseas this year, made a profit of 93 million yuan ($11 million) in 2003, overcoming a first-half loss suffered during the SARS outbreak, the official Economic Daily reported on Saturday.
The flagship carrier made around 2.01 billion yuan in profit in the second half of 2003, offsetting a 1.92 billion yuan loss for the first half, the newspaper said without elaborating.
Chinese carriers, including Air China's main rivals, China Eastern Airlines and China Southern Airlines , were hit hard by the SARS outbreak last year but traffic bounced back quickly.
Air China aims to launch an overseas IPO later this year that could raise about $500 million, investment bank sources say. ($1=8.277 Yuan)