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[Hong Kong Stock Connect] Air China (00753)'s net loss in the first quarter narrowed sharply by 42.78% to RMB 1,674 billion
Jinwu Financial News | Air China (00753) announced that in the first quarter of 2024, it recorded a net loss attributable to shareholders of 1,674 billion yuan (RMB, same below). In the same period last year, it recorded a net loss of 2,926 billion yuan, a year-on-year decrease of 42.78%. The main reason for the sharp reduction in losses was a sharp increase in operating income over the same period last year, while the company strengthened cost control. The basic loss per share was $0.11. During the period, revenue of 40.066 billion yuan was recorded, an increase of 59.83% over the previous year. The main reason was that the company actively increased investment and production to improve revenue management capabilities.
金吾財訊Apr 26 13:07 ET
Gelonghui Announcement Selected (Hong Kong Stock) | Air China (00753.HK) plans to purchase 100 C919 aircraft for approximately US$10.80 billion
[Today's Focus] Air China (00753.HK) announced that it plans to purchase 100 C919 aircraft for about US$10.80 billion, Air China (00753.HK) announced that on April 26, 2024, the company and COMAC signed a COMAC aircraft purchase agreement. Based on this, the company agreed to purchase COMAC aircraft from COMAC. The aircraft to be purchased are 100 C919 aircraft (extended-range type). According to the latest catalogue price provided by COMAC, the total basic price of COMAC's aircraft to be purchased by the company is approximately US$10.80 billion. This transaction is in line with the company's development plans and market needs.
Gelonghui FinanceApr 26 11:12 ET
中國國航:二零二四年第一季度報告
Futu NewsApr 26 09:19 ET · Announcements
Air China Limited Schedules Key 2024 AGM
TipRanksApr 26 03:18 ET
Changes in Hong Kong stocks | Eastern Airlines (00670) rose more than 4%, leading the airline stock Q1 civil aviation passenger volume to a record high in the same period, and the May 1st holiday is expected to catalyze
Airlines stocks rose collectively. As of press release, Eastern Airlines (00670) rose 4.04% to HK$2.06; Capital Airport (00694) rose 3.72% to HK$2.51; Air China (00753) rose 3.49% to HK$4.15; and China Southern Airlines (01055) rose 3.28% to HK$2.83.
Zhitong FinanceApr 26 03:17 ET
China Merchants Securities: The operating data performance of various airlines in the first quarter was impressive, and attention was paid to the May Day holiday catalysis
The May Day holiday is coming soon. Focus on holiday catalysis.
Zhitong FinanceApr 26 02:51 ET
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