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

Seeking AlphaOct 31 09:08 ET

As the winter and spring aviation season approaches, ticket prices, weekly schedule plans, and capacity are all decreasing year-on-year, presenting five major new characteristics in the global civil aviation industry.

① Platform data shows that the aviation passenger air transport flight volume for winter and spring aviation season this year decreased by 0.6% compared to the same period last year; ② The industry says that the global aviation industry is showing new characteristics, including falling ticket prices, decreasing proportion of business travel, rapid development of low-cost aviation, and differentiated recovery in the international market.

cls.cnOct 23 08:07 ET

Is Airbus also facing a quality crisis? The engine failure of Cathay Pacific Airways has raised concerns across the aviation industry.

①On Monday, an Airbus A350 aircraft was forced to return due to rbob gasoline leakage, prompting Cathay Pacific airlines to conduct a full investigation of the entire fleet, resulting in the discovery of more issues; ②More airlines have started inspecting the A350 aircraft and have also requested an explanation from Airbus and engine manufacturer Rolls-Royce.

cls.cnSep 4 21:53 ET

What do we know about the engine failure incident of Cathay Pacific Airways' A350 "global first"?

Cathay Pacific Airways has reported that after an Airbus A350 aircraft experienced engine failure and returned to base on Monday, it was discovered that 15 aircraft in the fleet will need to have engine components replaced. The expected maintenance will be completed by this Saturday. As the scale of the incident became clearer, the stock price of engine manufacturer Rolls-Royce stabilized and rebounded on Tuesday.

cls.cnSep 3 08:06 ET

Cathay Pacific Identifies 15 Airbus A350 Planes In Need Of Engine Part Replacement: Report

BenzingaSep 3 07:19 ET

The first global case! Cathay Pacific Airways' A350 aircraft engine experienced a failure, causing Rolls-Royce and Airbus stock prices to plummet.

Cathay Pacific Airways announced that due to engine component failures on its A350 aircraft, the company has decided to conduct comprehensive 'preventive inspections' on all 48 Airbus SE A350 fleets. This A350 engine component failure is the first of its kind globally. As a result, Rolls-Royce's stock price briefly plunged by over 6% and Airbus's stock price briefly plunged by over 1.3%.

wallstreetcnSep 2 12:29 ET