This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Xiamen Airlines Celebrates 100th Boeing Airplane In Its All-Boeing Fleet

Xiamen Airlines' rapid growth is a testament to the tremendous growth of China's airline business. In 1972, China established the Civil Aviation Administration of China ("CAAC") as the only player in aviation, with only nine registered aircraft in the fleet. At the end of 2012, China had more than 40 airlines, with an industry-wide fleet exceeding 2,000 aircraft.

Boeing projects investments of nearly $800 billion in China for the purchase of 5,580 new commercial aircraft during the next 20 years. It would account for 16% of global demand, and reflects an average requirement of nearly 200 single-aisle and over 60 wide-body aircraft each year.

About Xiamen Airlines

Founded in July 1984, Xiamen Airlines is a unique and premium airline in China. With the cost advantage of the all-Boeing fleet, Xiamen Airlines is on the way to achieving 27 consecutive years of profitability, the longest in the history of commercial aviation in China. In November 2012, Xiamen Airlines officially became a SkyTeam member, and since then it has been ranked highly by the alliance in the First Class Lounge Service and Staff Service categories. http://www.xiamenair.com.

Media contact: Panos Qiu Xiamen Airlines+86-592-217-5175 qiudapeng@xiamenair.com

SOURCE Xiamen Airlines

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs