Aviation Industry (incl Maintenance) 02 (Jun 20 - Dec 26)

[behappyalways]

"Chinese airlines are recording weak profits despite their far lower employee costs...United & Air China employ about the same amount of people: 107K vs 105K. Yet United spent $16.7 billion on salaries & related costs last yr, while Air China spent $4.8B"
https://x.com/ChinaBeigeBook/status/1987718557304811614

[behappyalways]

In response to comments from Kaohsiung suggesting "Taiwan is in trouble," China angrily cut 900 Japan-China flights…

針對高雄「台灣有麻煩」的言論，中國憤怒地削減了900個日中航班…

https://m.youtube.com/watch?v=EUDumfrFJ68

[behappyalways]

Despite Headwinds: Airlines On Track For A Record Year
https://www.zerohedge.com/economics/des ... ecord-year

[behappyalways]

First Deutsche Bank, Now UBS Warns U.S. Airlines "Nearly 100% Unhedged" Against Energy Shock
https://www.zerohedge.com/markets/first ... ergy-shock

[behappyalways]

Jet Fuel Prices Soar As War In Iran Ripples Through Global Aviation
https://www.zerohedge.com/political/jet ... l-aviation

[winston]

Airfares rise in China and beyond amid Gulf oil shock, with 9% increases feared

by Ralph Jennings

Surging jet fuel prices amid the US-Israel war on Iran are pushing global airlines including Chinese carriers to raise fares, with an industry leader warning that prices could rise by up to 9 per cent if the energy crisis continues.

China Eastern Airlines, China Southern Airlines and at least two private Chinese carriers are among a growing list of global airlines that have raised fares since US-Israeli strikes on Iran started on February 28.

Global airfares could rise by 8 to 9 per cent if fuel prices remain high, the International Air Transport Association’s director general estimated earlier this month.

Source: SCMP

https://www.scmp.com/economy/china-econ ... pe=section