Live News • Jul 18
Air China Orders 55 Airbus Jets in $12.4 Billion Deal to Expand Fleet Air China and subsidiary Shenzhen Airlines have ordered 55 Airbus jets valued at US$12.4 billion at list prices, including 15 A350-900 wide-body aircraft for Air China and 40 A320neo-family narrow-body planes for Shenzhen Airlines, with deliveries planned between 2029 and 2032.
The companies describe the deal as aimed at modernizing and expanding their fleets, refining fleet structure and improving efficiency and costs during the post-pandemic recovery period.
Air China’s stock last traded at HK$3.96, with the share price down 44.3% year to date, highlighting a weak recent trading backdrop as the company commits to a long-term capital program.
The order secures significant future capacity and aircraft technology for Air China, but also involves large capital spending, so a key consideration for investors is how future cash flows and financing terms align with these delivery dates. Announcement • Jul 15
Air China Limited Provides Earnings Guidance for the Six Months Ended 30 June 2026 Air China Limited provided earnings guidance for the six months ended 30 June 2026. According to the preliminary estimation by the finance department of the Company, the Company is expected to record a loss for the six months ended 30 June 2026. It is expected that the net loss attributable to equity holders of the Company would be approximately RMB 2.1 billion to RMB 2.6 billion, and the net loss attributable to equity holders of the Company after deducting non-recurring profit or loss would be approximately RMB 2.3 billion to RMB 3.1 billion. In the first half of 2026, China's economy maintained generally stable performance, and the aviation market sustained steady growth with a sound start. Seizing development opportunities, the Company focused on areas including safe operations, profitability improvement, cost control, service quality enhancement and digital intelligent transformation, and vigorously advanced quality improvement and efficiency enhancement. The Company dynamically optimized production arrangements and effectively expanded the scale of capacity deployment; balanced capacity and pricing in a scientific manner and steadily improved yield quality; and rigorously controlled costs and expenses and actively promoted cost reduction and efficiency enhancement. In the first half of the year, the Company's operating performance as a whole showed the characteristics of increased investment, production and revenue. While the Company recorded substantial profits in the first quarter, jet fuel prices stayed elevated due to geopolitical tensions in the Middle East, drastically squeezing profit margins of airline companies. Accordingly, the Company expects to post a loss in its operating results for the first half of 2026. Announcement • Jul 01
Air China Limited Announces Appointment of Fu Fangxing as Chief Accountant, Effective June 29, 2026 Air China Limited announced that, following prior consideration and approval by the Nomination Committee and the Audit and Risk Management Committee (the Supervision Committee) of the Board, the Board appointed Mr. Fu Fangxing as the Chief Accountant of the Company on June 29, 2026. Mr. Fu Fangxing, aged 52, holds a master's degree and is a Professorate Senior Accountant. Mr. Fu commenced his career in August 1996. He successively served as head of the Finance Department, a member of the Sub-Party Leadership Group, director and chief accountant of AVIC International Holding Corporation; deputy head and head of the Capital Operation Department and head of the Finance and Capital Department of Aviation Industry Corporation of China Ltd.; and chairman of AVIC Finance Co. Ltd. Since May 2026, Mr. Fu has served as chief accountant and a member of the Party Leadership Group of China National Aviation Holding Corporation Limited. Since June 2026, he has served as Chief Accountant and a member of the Standing Committee of the Party Committee of the Company. 
