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China Aviation Oil, Bank of Communications ink cooperation agreement in Singapore

China Aviation Oil (Singapore) Corporation Ltd (CAO), the largest purchaser of jet fuel in the Asia-Pacific region, announced on Friday that it has inked a non- binding strategic cooperation framework…

Airfreight feels the impact

The cloud of volcanic ash from Iceland that has brought Europe’s airlines to a standstill is a headache for global airfreight companies, but will not hamper the market recovery this…

Tibet Airlines to launch in May

China prepares to launch its first airline based in southwestern Tibet – Tibet Airlines Co Ltd next month. Tibet Airlines, with a registered capital of 280 million yuan, will be…

Ashen outlook for carriers in face of volcano

Air travel chaos across Europe caused by volcanic ash spewed by an active volcano in Iceland continued Sunday, impacting tourists and businesspeople’s schedules and causing economic loss to Chinese airlines…