Air China would like to buy new planes for increasing their capacity in order to grow up the economy.
Shareholder of Air China got a better result and outlook. Air China which have a competition with China Eastern Airlines and China Southtern Airline grow up a 121 percent in the first quarter by earning a stable air traffic demand and fuel hedging gains. Chinese said that they had slowly improved economy Air travel in 2008, but they started to improve in 2009 which helpped by the government cash. Air China would like to operate 262 planes at the end of 2009, buy 96 planes and speed up their capacity expension. They expect that they can grow up to 10-12 percent in 2010 while they spend mony 15 billion yuan from 10 billion yuan last year.
In my perspective, Air China have to boost up their economy and quality in order to have many customer.
URL - http://news.airwise.com/story/view/1272280721.html
Shareholder of Air China got a better result and outlook. Air China which have a competition with China Eastern Airlines and China Southtern Airline grow up a 121 percent in the first quarter by earning a stable air traffic demand and fuel hedging gains. Chinese said that they had slowly improved economy Air travel in 2008, but they started to improve in 2009 which helpped by the government cash. Air China would like to operate 262 planes at the end of 2009, buy 96 planes and speed up their capacity expension. They expect that they can grow up to 10-12 percent in 2010 while they spend mony 15 billion yuan from 10 billion yuan last year.
In my perspective, Air China have to boost up their economy and quality in order to have many customer.
URL - http://news.airwise.com/story/view/1272280721.html
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