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Dubai Aerospace Enterprise Leases Four Boeing 737-8 Aircraft to Hainan Airlines

Dubai Aerospace Enterprise (DAE), a prominent aircraft leasing company based in the UAE, has announced lease agreements with Hainan Airlines, one of China’s leading carriers, for four new Boeing 737-8 aircraft. This strategic agreement aligns with Hainan Airlines’ growth plans and DAE’s objective to support its clients with modern, fuel-efficient aircraft. The deliveries are scheduled…

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Air China Resumes Nonstop Beijing-Vancouver Flights in November 2024

Air China has announced the resumption of its nonstop flight between Beijing Capital International Airport and Vancouver International Airport, starting November 18, 2024. This direct service will be operated by a Boeing 777-300ER, replacing the current route that includes a stopover in Shenyang, offering a more convenient option for travelers.

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Juneyao Air Expands Fleet with New Airbus A321neo Powered by PW1133G-JM

Juneyao Air, a leading Chinese airline, has added a new Airbus A321neo, serial number 12391, to its fleet. This latest delivery, powered by advanced PW1133G-JM engines, aligns with Juneyao Air’s focus on fleet modernization and operational efficiency.

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China Express Airlines Receives New Airbus A320neo for Fleet Expansion

China Express Airlines has strengthened its fleet by taking delivery of a new Airbus A320neo, serial number 12392. This latest addition, powered by the advanced PW1127G-JM engines, aligns with the airline’s strategic goals for expansion and increased fuel efficiency.

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Fitch Affirms AVIC Industry-Finance at ‘A-‘; Withdraws Ratings

Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of AVIC Industry-Finance Holdings Co., Ltd. (AVIC Industry-Finance) at ‘A-‘ and the Short-Term IDR at ‘F1’. Concurrently, Fitch has withdrawn all ratings of AVIC Industry-Finance for commercial reasons. The affirmation reflects AVIC Industry-Finance’s strategic importance to its parent company, Aviation Industry Corporation of China (AVIC),…

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Air Canada to Boost Direct Flights to China Following Policy Shift

Air Canada announced plans to increase its direct flights to China starting December 2024, following the Canadian government’s recent decision to lift restrictions on Chinese airlines’ flights to Canada. This policy shift, reversing a 2022 limit, paves the way for improved bilateral connectivity, aiming to bolster economic ties and ease travel for business and leisure…