Airline Industry

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Cathay is now up 3.05% to maintain increased holdings of HK $13

Cathay Airlines (00293-HK) is up 3.05%, reporting 10.82 Hong Kong dollars, a deal of HK $19.5068 million, which is now largely synchronized with the city, with a 3.04% rise in the index. JPMorgan maintained its overweight rating, with a target price of HK $13, equivalent to 1.3 times times its share price/corporate value. It was previously reported that the company's passenger capacity in June was down 18.1% from a year earlier.  But the bank expects the airline industry to recover as business activity has started to rise, and there are signs that some companies are beginning to loosen their business travel policies. The airline unit is an early-cycle unit that JPMorgan believes is ...

Eastern Airlines opened a low, Merrill Lynch preliminary buy 2.6 yuan

To finalize the exchange of shares with Shanghai Airlines (600591-CN) and plan to finance supplementary liquidity of the Eastern Airlines, H-shares this morning after the high low, the share price is still up 6.9% to HK $1.86, 37.7 million shares, but compared to the early 14% of the increase has been significantly lower. Merrill's latest report said it had given the stock an initial rating, at a target price of HK $2.6, at a premium of 40% per cent. The Chinese airline industry will benefit from booming domestic air travel, a factor that will support ticket price increases. At the same time in the plan with the Shanghai Airlines after the reorganization, the East ...

Global airlift hit 250 million dollars a day

The airline industry said the losses caused by the massive grounding were more than the economic shock of the terrorist attacks.  Economists predict that the European economy may even regress if the airline industry fails to return to normal. 19th, the International Air Transport Association will increase the airline industry's estimated losses from 200 million U.S. dollars a day to 250 million U.S. dollars.  Basignani, Director-General and chief executive of the association, said the losses did not include the costs that airlines would pay to change routes and compensate passengers. "This volcanic eruption has hit the air transport industry ——— first in Europe and has now expanded ...

Iceland's volcanic ash affects huge European airline industry to lay off unpaid

Xinhua Beijing, April 18, the ash cloud from Iceland is still diffuse over Europe and gradually expand, from Russia to the United Kingdom, and even Italy are visible traces, European air traffic 17th even worse than a few days ago, millions of of passengers affected. According to the Taiwan Times, the Icelandic Meteorological Bureau estimates that this will last two days, up to five days.  Scandinavian Airlines has warned that it will temporarily lay off 2,500 people if it is grounded by 19th. Europe's major airlines are reluctant to disclose the losses suffered, but aviation stocks have gone down, only the state-run Finnish aviation said, grounded ...

Iceland volcano or airline industry loses 1.7 billion dollars

On the sixth day of the Icelandic volcano, the cloud of ash gradually weakened and major airlines resumed some European flights.  Air China (601111.SH), which has the largest number of flights to Europe, has resumed all European flights since yesterday and is closely monitoring the situation, keeping in close contact with the European Civil Aviation Department and the local sales department to focus on local weather conditions. Air China's chief Huang told reporters that the current airline to Europe's income of about 12% of the total revenue of the company, the volcanic ash caused by the suspension of flights to the company has influence, but the shadow ...

East Airlines Test hydro-Electric website continues to explore the road of East China's transformation

Absrtact: After a high-profile test of hydro-electric website, the Eastern Airlines did not stop. Recently, the Eastern Airlines in Shanghai set up Oriental Aviation Electronic Commerce Co., Ltd. (hereinafter referred to as the Eastern Airlines), continue to explore the transformation of Eastern Airlines road. China Eastern Airlines, the current head of Liu, has been trying to test hydro-electric sites, and China Eastern has not halted. Recently, the Eastern Airlines in Shanghai set up Oriental Aviation E-commerce Co., Ltd. (hereinafter referred to as "Eastern Airlines"), continue to explore the transformation of the road East. China Eastern Airlines, the current head of the Liu, has been trying to get rid of the airline industry's "ticket sales" business model, and hope ...

By means of a travel payment solution, the average cost of travel for an enterprise is saved 15%~20%

Recently, Alipay announced the introduction of Business-to-government (travel service provider to the Enterprise) travel payment solution, through the establishment of an open credit payment system, to solve the Corporate Travel Service fund Zhanya cycle too long, enhance the liquidity of corporate travel service providers, and help enterprises save business travel costs. The same day, China Aluminum (601600, shares bar) and the world one, Air China, Southern Airlines, China Eastern Airlines, HNA signed a cooperation agreement, Alipay for the Chinese aluminum enterprise travel projects to provide payment service system. Alipay is the largest online payment service provider for domestic airline industry, its products kimono ...

Cathay is now up 3.05% to maintain increased holdings of HK $13

Cathay Airlines (00293-HK) is up 3.05%, reporting 10.82 Hong Kong dollars, a deal of HK $19.5068 million, which is now largely synchronized with the city, with a 3.04% rise in the index. JPMorgan maintained its overweight rating, with a target price of HK $13, equivalent to 1.3 times times its share price/corporate value. It was previously reported that the company's passenger capacity in June was down 18.1% from a year earlier.  But the bank expects the airline industry to recover as business activity has started to rise, and there are signs that some companies are beginning to loosen their business travel policies. The airline unit is an early-cycle unit that JPMorgan believes is ...

Eastern Airlines opened a low, Merrill Lynch preliminary buy 2.6 yuan

To finalize the exchange of shares with Shanghai Airlines (600591-CN) and plan to finance supplementary liquidity of the Eastern Airlines, H-shares this morning after the high low, the share price is still up 6.9% to HK $1.86, 37.7 million shares, but compared to the early 14% of the increase has been significantly lower. Merrill's latest report said it had given the stock an initial rating, at a target price of HK $2.6, at a premium of 40% per cent. The Chinese airline industry will benefit from booming domestic air travel, a factor that will support ticket price increases. At the same time in the plan with the Shanghai Airlines after the reorganization, the East ...

Air traffic control costs more than 50 million euros per day in France

Paris, April 19 (Xinhua) French Business Aviation Federation President Lionnelle Chelang 19th, said the European countries due to the Icelandic volcano smoke impact of air traffic control caused by the French airline industry losses as high as 50 million to 60 million euros. Chelang called on the European Union and European countries to give financial help to airlines affected by volcanic soot.  He also suggested that the European Union set up a foundation to help airlines weather the storm. French airline chief executive Pierre Henry Gourjon said the same day that the law KLM Group was affected by the Icelandic volcano ...

Asia-Pacific replaces North America as the largest airline market with 647 million passengers

Singapore, February 1 (Xinhua) Chairman of the International Air Transport Association, Giovanni Bissignany February 1, said at the second Singapore Air Show Aviation Leaders summit that the Asia-Pacific region has replaced North America as the world's largest aviation market.  Basignani said that the total number of air passengers in the Asia-Pacific region in 2009 was 647 million, exceeding 638 million in North America, thus becoming the world's largest aviation market. Basignani said the global airline industry has been hit hard in the past 10 years, with only 2009 losses of $11 billion trillion, estimated at 201 ...

European airspace flight 30% restores Ash weekend or to northeast China

will not affect flights and weather China's National satellite Meteorological Center said it was closely monitoring Lufthansa 50 passenger aircraft were allowed to transport 15,000 people back to Germany, NATO several F-16 fighter planes damaged EU consider subsidizing airlines Iceland Eyjafjallajokull Ice cap volcanic eruption formed by lingering, since 2001 "  The largest grounding in Europe since the terrorist attacks continued yesterday. About 30% of flights in European airspace resumed flight yesterday, with open airspace including Spain, Portugal, Italy and parts of France, the Balkans, and ...

Industrial Internet: Intelligent machines, advanced analytical capabilities

Absrtact: The topic about big data mainly concentrates on the click Stream data, the tendency analysis and the consumer localization. But in fact, behind the big data, the communication of machine to machine and the advanced analysis function may completely change the world around us. Case: General Electric around the Big Data topic focuses on the click Stream data, orientation analysis and consumer positioning. But in fact, behind the big data, the communication of machine to machine and the advanced analysis function may completely change the world around us. Case: General Electric (GE) and its "Industrial internet" vision, industrial Internet may be like Industrial revolution ...

Big data will drive industrial Internet

Absrtact: The topic about big data mainly concentrates on the click Stream data, the tendency analysis and the consumer localization. But in fact, behind the big data, the communication of machine to machine and the advanced analysis function may completely change the world around us. Case: General Electric around the Big Data topic focuses on the click Stream data, orientation analysis and consumer positioning. But in fact, behind the big data, the communication of machine to machine and the advanced analysis function may completely change the world around us. Case: General Electric (GE) and its "Industrial internet" vision, industrial Internet may be like Industrial revolution ...

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