carnoc
Posts: 758
Joined: Wed Oct 17, 2001 3:15 pm

CA To Spend $2.3 Billion On Planes And Terminal

Wed Nov 17, 2004 10:16 pm

Full details regarding Air China's plan in spending up to USD$2.3 billion on future aircraft purcahses and the construction of terminal building etc have been widely reported, the International Herald Tribune's version can now be viewed @ http://www.iht.com/articles/2004/11/16/bloomberg/sxair.html.

Best Regards.
 
B2443
Posts: 587
Joined: Sat Jul 03, 2004 2:28 am

RE: CA To Spend $2.3 Billion On Planes And Terminal

Wed Nov 17, 2004 11:20 pm

"Air China had the second-lowest costs among 17 global and regional airlines sampled by Merrill last year, because of lower wages and more efficient operations. The company was ranked third in terms of profit margins, Merrill said."

Wow, I'm completely surprised. Low wages, yes. but more efficient operations? CA needs to stop flying half empty 777/747s on PEK-CAN to be more efficient. As a passenger, I love to fly their half empty 777s.

Good for CA after all. I'd like to see CA and CX in a closer relationship in terms of improving cabin service and marketing.

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