UBS group: Upgrades air china limited and china southern airlines' rating to shareholding, cathay pac air target price raised to 12 Hong Kong dollars.

UBS Group released a research report stating that it has raised the target price for Air China Limited (00753) from HKD 5.1 to HKD 5.9, and for China South Air (01055) from HKD 4.2 to HKD 4.6, with both ratings upgraded from "neutral" to "shareholding." The target price for Cathay Pac Air (00293) has been increased from HKD 10 to HKD 12, with a rating of "shareholding." The bank indicated a more optimistic outlook on the aviation industry in mainland China and Hong Kong driven by several favorable factors. Looking ahead, the slowdown in RBOB gasoline costs is an important bullish factor as it alleviates one of the major expenses for airlines, thereby supporting profit.

Sina Hong Kong stocksNov 28 23:38 ET

Air China Limited's passenger turnover in October increased by 22.1% year-on-year.

Air China Limited (00753) announced that in October 2024, the combined passenger turnover (measured by revenue passenger kilometers) of the company and its subsidiaries (referred to as the 'Group') increased year-on-year. Passenger capacity input (measured by available seat kilometers) rose by 14.5% year-on-year, and passenger turnover increased by 22.1% year-on-year. Among them, domestic passenger capacity input increased by 3.0% year-on-year, while passenger turnover rose by 11.5% year-on-year; international passenger capacity input increased by 55.5% year-on-year, and passenger turnover grew by 65.4% year-on-year; regional passenger capacity input increased by 30.2% year-on-year, and passenger turnover rose by 35% year-on-year.

Sina Hong Kong StocksNov 17 19:35 ET

AIR CHINA LTD SPONS ADR EAC REP 20 'H' SHS CNY1(AIRYY.US) will release its financial report before the market opens on October 30.

$AIR CHINA LTD SPONS ADR EAC REP 20 'H' SHS CNY1 (AIRYY.US) will release its financial report before the market opens on October 30th. How was its previous performance? $AIR CHINA LTD SPONS ADR EAC REP 20 'H' SHS CNY1 (AIRYY.US) had a revenue of 48.629587 billion RMB, a net income of 4.311419 billion RMB, and an EPS of 5.4 RMB in 2024/Q3.

Moomoo NewsNov 1 03:45 ET

Air China, ADR GAAP EPS of RMB 0.26, Revenue of RMB 48.6B

Seeking AlphaOct 31 09:08 ET

Air China Limited announced third quarter financial performance, with net income attributable to equity holders decreasing by about 4.144 billion yuan, a year-on-year decrease of 2.31%.

Air China Limited (00753) announced its performance for the third quarter of 2024, with revenue of approximately 48.63 billion yuan, a year-on-year increase of 6.03%; net income attributable to shareholders of listed companies was approximately 4.144 billion yuan, a year-on-year decrease of 2.31%; and basic earnings per share was 0.26 yuan. From January to September, revenue was approximately 128.15 billion yuan, a year-on-year increase of 21.5%; net income attributable to shareholders of listed companies was approximately 1.362 billion yuan, a year-on-year increase of 72.06%; and basic earnings per share was 0.09 yuan.

Sina Hong Kong stocksOct 30 20:31 ET

Air China Limited has received approval from the Shanghai Stock Exchange for the issuance of A shares to specific targets.

Air China Limited (00753) announced that the company recently received a notification from the Shanghai Stock Exchange Listing Review Center regarding the issuance of stocks to specific entities. The review center believes that the company's application to issue stocks to specific entities meets the issuance conditions, listing requirements, and disclosure requirements. The issuance of A-share stocks to specific entities by the company still needs approval from the China Securities Regulatory Commission before it can be implemented. The final decision on whether to obtain approval for registration from the China Securities Regulatory Commission and its

Sina Hong Kong stocksOct 21 19:29 ET