|
|
A-shares Reach For Parachute After More Airline Troubles
0670.HK, 600029.SH, 600115.SH, 601111.SH, Air China, CAAC, CEA, China Administration of Civil Aviation of China, China Eastern Airlines, Macro, Southern Airlines, ZNH
Editorial Summary
The Shanghai Composite Index decreased 3.97 percent to close at 3,094.67 on April 18, while the Shenzhen Composite Index fell 4.22 percent to close at 930.63. Trading volume on the Shanghai and Shenzhen Stock Exchanges reached RMB 54.58 billion and RMB 23.93 billion, respectively.
Shares of China Eastern Airlines (600115.SH, 0670.HK, NYSE: CEA) fell 9.95 percent on Friday after the Civil Aviation Administration of China (CAAC) pulled two of China Eastern subsidiary Yunnan Airlines' routes and ordered China Eastern to pay RMB1.5 million in compensation in relation to "pilots' ill attention to passengers' rights." Eleven China Eastern pilots have been taken off duty for investigation of the incident that involved the unscheduled return of 21 Yunnan Airline flights between March 31 and April 1.
Shares of Southern Airlines (600029.SH, NYSE: ZNH) and Air China Ltd. (601111.SH) fell 9.83 percent and 9.99 percent, respectively, on Friday.
|
|
|
|
COMMENTS
|
|
|
|
|
Related Articles |
Jul 24, 2008 - A-Shares Pick Up, Government Rumored To Lift Dual Report Rules
STATISTICS  |
Jul 23, 2008 - A-Shares Still Flat, Talkweb Lists, Lumber Shares Soar
STATISTICS |
Jul 22, 2008 - A-Shares Flat
STATISTICS |
Jul 21, 2008 - A-Shares Up, Real Estate Soars
STATISTICS |
Jul 18, 2008 - A-Shares Up Over 3%
STATISTICS |
Jul 17, 2008 - A-Shares: Shanghai Below 2,700
STATISTICS |
Jul 16, 2008 - A-Shares Down
STATISTICS |
Jul 15, 2008 - A-Shares Down On Real Estate Slide
STATISTICS |
Jul 14, 2008 - A-Shares Creep Up, CSRC Speeds Up Prospectus Release
STATISTICS |
Jul 11, 2008 - A-Shares Lay Low, Your-Mart Files For Shenzhen IPO
STATISTICS |
|
| |
 |
|
WHAT ARE WE TRACKING? |
|
| |
 |
|
Take a look at our Keyword Map |
| |
|
|
 |
|
|
 |
|
| |
|
STATISTICS 
