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News on the Aviation Industry in China

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Hard landing in Hainan

The Covid-19 crisis is pushing HNA Group towards a bigger bailout
Mar 5, 2020 (WiC 485)

The year 2019 brought positive headlines for the Chinese bond market. It marked the first-time sovereign bonds and policy bank debt were included in global indices. The international rating agencies were given licences to operate independently in ...

Taking a nosedive

Coronavirus hits Chinese airlines but HNA is suffering the most
Feb 21, 2020 (WiC 483)

Back in 2005, when China’s commercial airline industry was developing rapidly, planes were taking off faster than the country could train new pilots. To that end, Chinese carriers paid generous salaries to foreign pilots to keep their aircraft ...

Seoul searching

Why Chinese airlines are poaching Korean pilots
Nov 8, 2019 (WiC 473)

When Yang Liwei became China’s first astronaut in 2003 he was hailed as a national hero. But strangely he wouldn’t have been allowed to operate at the time as a commercial airline pilot. At 168cm in height he wasn’t tall enough for Chinese ...

Is Suzhou going to get its own airport too?
Oct 18, 2019 (WiC 470)

The summer months have been tumultuous ones for China’s airport kingdoms. In the south, passenger numbers have dropped sharply in Hong Kong as scenes of unrest led TV coverage of the city. Across the border Shenzhen and Guangzhou have picked up ...

Ready for take-off

How will a new airport reshape Beijing’s aviation landscape?
Oct 4, 2019 (WiC 469)

About 13 kilometres south of Tiananmen Square is Nanyuan (which means ‘south garden’ in Chinese). It was used as a military training ground by the emperors of the Qing Dynasty and in 1910 an aircraft shed was erected there as China’s ...

Aim for the sky

Geely eyes flying taxi market as local rival EHang begins tests in Shenzhen
Sep 20, 2019 (WiC 467)

When it comes to Geely’s love of all things German the sky has literally no limit. This week Li Shufu’s firm invested in flying-taxi start-up Volocopter – its second German purchase in as many years after acquiring a 9.7% stake in ...

Project runways

Will Shenzhen airport’s expansion contest or complement Hong Kong’s?
Apr 26, 2019 (WiC 449)

China’s first time fliers are back in the news this year after at least five more cases in which superstitious passengers have thrown coins at their aircraft for good luck. In the latest instance a woman hurled nine coins into the engines ahead ...

Playing the slots

HNA’s sale of its budget airline consolidates Cathay’s position in Hong Kong
Apr 5, 2019 (WiC 447)

There are some similarities between the airline operations of the HNA Group from Hainan and Hong Kong-based Cathay Pacific. Both are perched on the edges of China’s vast aviation market. And although they both sit outside the tent of the ...

How China’s aviation regulator made it a bad week for Boeing and the FAA
Mar 15, 2019 (WiC 444)

In 1980 the veteran Boeing engineer EE Bauer arrived in Beijing to open the US firm’s first representative office in China. According to James Fallows’ book China Airborne, the new arrival soon discovered that “every safeguard that made for ...

To solve its liquidity woes HNA is selling assets
Sep 21, 2018 (WiC 425)

“It only takes 10 seconds to crush a man’s ambition” is one of the most famous quotes from House of Cards, the US television drama that counts China’s former anti-graft tsar Wang Qishan as a fan. It is also an apt line to ...

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