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China’s Capital Airlines secures ¥127mn lease debt waiver
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China’s Hainan Airlines holdco to end A350 ops, lease A320s
15.05.2023 - 22:20 UTC
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US DOT eases cap on Chinese carriers
04.05.2023 - 23:59 UTCSeven of China's major airlines may, with immediate effect, operate a total of 12 weekly round trips to the United States, marking a gradual lifting of US-China restrictions imposed three years ago when Beijing banned all entry to US airlines over Covid-19.
Those affected include Air China, Capital Airlines (China), China Eastern Airlines, China Southern Airlines, Hainan Airlines, Sichuan Airlines and Xiamen Airlines, according to an order issued by the US Department of Transportation (DOT) on May 3, 2023.
The order modifies a US ban on Chinese scheduled passenger services between the United States and China issued in response to China closing all access on March 26, 2020. The US regulator has since adjusted the cap to allow Chinese carriers eight weekly round-trip passenger flights to/from the United States. The Civil Aviation Administration of China (CAAC) subsequently approved two weekly Dallas/Fort Worth-Shanghai Pudong flights for American Airlines for services beginning in November 2020, bringing the aggregate total of US combination services to ten.
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AerCap, China’s Hainan Airlines agree $58mn debt-equity swap
04.05.2023 - 23:14 UTC
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China's Xi'an, Qingdao airports sign cooperation pact
14.04.2023 - 01:20 UTC
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