blogs  
 
yournews
   
 
Video Photos Finance Travel Weather Discussion TV Shows
| |
 
  Home ›
 
Business News

 

Two major Chinese carriers plan to cut flights over fuel costs
Posted: 04 June 2008 0821 hrs

  A China Southern Airlines technician checks an airplane
 
Photos  of

   
 


SHANGHAI: Two major Chinese airlines plan to cut the number of international flights they offer due to spiralling fuel costs, at least temporarily, the carriers said Tuesday.

China Southern Airlines, the country's top carrier in terms of fleet size, said it planned to suspend an unspecified number of flights to cut costs.

"Southern Airlines does have such plans because of the high fuel prices," a Guangzhou-based spokesman told AFP.

"But we are just cutting a number of flights temporarily rather than halting service on these routes," he added, without giving further details.

However, the state news agency Xinhua reported Tuesday that the airline would cut flights from southern China's Guangzhou to Ho Chi Minh, Vietnam and Angkor, Cambodia from June to September.

The company will also offer fewer flights between Guangzhou and Hong Kong, and Singapore during that same period and services between Beijing and Seoul will also be affected, the report said, citing an unnamed employee.

Other routes facing cuts include Los Angeles, Paris, Sydney, Jakarta, Lagos, Dubai, Delhi, Penang in Malaysia and Fukuoka in Japan, the employee was quoted as saying.

Oil prices eased to 127.62 dollars per barrel in Asian trading Tuesday amid continuing concerns over global energy demand since hitting records of 135.14 dollars in London and 135.09 dollars in New York on May 22.

China Eastern Airlines, a major carrier based in Shanghai, said it had similar plans as China Southern.

However, company spokesman Luo Zhuping said smaller-than-expected demand was also a factor in the decision to reduce the number of flights on some routes.

- AFP/ir

 


Other business News
Eurozone sets conditions for Greek bailout
Banks agree US$25b deal for US homeowners
China releases Jan trade data
Flights back to normal Friday after strike: Air France
M'sia trade expected to grow at slower pace
US stocks gain on Greece, bank mortgage deal
Euro edges up as Greece inks reform deal
Oil prices rise on Greek deal
Eurozone stalls Greek cash aid pending new conditions
China says January exports expected to have dropped
Greece says agreement reached on austerity measures: ECB
ECB holds key interest rate steady at 1.0%
OPEC cuts 2012 oil demand forecast
China's January inflation hits 3-month high
Spain's economy to worsen in Q1
Indonesia cuts interest rate to record low
Malaysia sees record trade in 2011
Rio Tinto earnings down 59% on aluminium write-down
Asia stocks mixed on Greek fears, China inflation
China's Alibaba raising US$3b for Yahoo! stake

 

 
Affiliate Sites:
 
About Us  |  Contact Us  |  Advertise with Us  |  Terms & Conditions