Search Results forjuneyao
China’s Juneyao Airlines Co delays Boeing Jet delivery as Tariffs war continues
China’s Juneyao Airlines Co. is delaying delivery of a Boeing Co. widebody aircraft, highlighting how the escalating trade war between Washington and Beijing is driving up the price of big-ticket goods. As informed by a news report from Bloomberg. Juneyao was due to take delivery of the 787-9 Dreamliner, valued at about $120 million, from the US planemaker in about three weeks but will now hold off due to President Donald Trump’s tariffs on China, said the people, asking not to be identified discussing information that’s private. Beijing has instituted retaliatory tariffs on US-made goods. Juneyao didn’t immediately respond to a request for comment. Boeing declined to comment. Boeing shares fell in New York after Bloomberg News reported on the delivery delay. The stock declined as much as 2.3%, reversing earlier gains. The Chinese airline joins a growing list of companies on both sides of the dispute suspending the exchange of goods due to the punishing levies. Tesla Inc. has stopped taking orders in China for Model S sedans and Model X sport utility vehicles — both of which are imported from the US. The budding trade war represents the latest setback for Boeing in a market forecast to make up 20% of global aircraft demand over the next two decades. In 2018, nearly a quarter of the US planemaker’s output ended up in China, but it hasn’t announced a major order there for years. For Shanghai-based Juneyao, the postponement risks delaying its international expansion. The airline had planned to increase flights to Europe, including Brussels and Athens, from the summer. Those additional routes were reliant on deliveries of long-range Boeing aircraft. Juneyao has a fleet of more than 100 planes, mainly Airbus SE single-aisle jets and nine Boeing 787s. Source: Bloomberg
Finnair to deepen cooperation with Juneyao Air
Finnair and Shanghai-based Juneyao Air have signed a Letter of Intent to deepen their cooperation between China and Europe subject to required regulatory approvals. The aim is to establish a joint venture on the Helsinki–Shanghai route. This will enable both the airlines to offer their corporate and leisure customers a seamless travel experience through a wider choice of destination, schedule and fare options via their main hubs, Helsinki Airport (HEL) and Pudong International Airport (PVG). “Taking the important step to evolve this into a deeper cooperation focused on our Shanghai and Helsinki hubs will allow us to not only serve our current customers even better, but also to lay a platform for further growth in the future, once the aviation market starts to normalise,” said Ole Orver, chief commercial officer at Finnair. “The aviation industry has encountered tough situations. Nevertheless, we consistently and optimistically trust in our emphasised China-Europe market and partnership with Finnair. Expanding the partnership enables us to accelerate further development and to serve passengers better with diversified choices and broadened network coverage,” said Yu Chengji, executive vice president of Juneyao Air.
Shanghai boon: Finnair joins forces with Juneyao Air
Finnair continued to ratchet up the reach of its China Network today when it announced it had begun its new Finnair codeshare cooperation with the Shanghai based carrier Juneyao Air. As of 28 June, 2019 Finnair passengers will be able to connect with Juneyao Air from Shanghai to Harbin, Shenyang, Dalian, Qingdao, Xi´an, Kunming, Xiamen and Fuzhou. In addition, the Finnair code will be added on Juneyao Air routes between Nanjing and Xi´an, Chongqing and Zhangjiajie. At the same time, Juneyao Air code will be added to Finnair´s route between Shanghai and Helsinki, and to Finnair’s domestic routes from Helsinki to Ivalo, Rovaniemi, Kemi, Kuopio and Oulu. The Finnish Lapland has become a popular destination for Chinese tourists. “More destinations and smooth connections in China” Commenting on the relationship, Christian Lesjak, senior vice president, of network and resource management at Finnair, said: “We warmly welcome this cooperation with Juneyao Air and are delighted to offer our customers more destinations and smooth connections in China. During summer 2019, we operate up to 42 weekly flights between Greater China and Helsinki, including daily flights to Shanghai. We welcome Juneyao customers to explore Finland.” “A win-win collaboration” Yu Chengji, executive vice president of Juneyao Air, said: “By connecting Juneyao Air and Finnair networks, we can offer more choices, enabling easy connection and communication between China and Europe via Finland. We believe the codeshare partnership between Juneyao Air and Finnair will be a win-win collaboration.” Fuzhou, China Founded in 2005, Juneyao Air became a Star Alliance Connecting Partner in May 2017 and has codeshare agreements in place with fellow alliance members Air China, Air Canada, ANA, EVA Air, Singapore Airlines, United and Shenzhen Airlines.
Chinese carrier Juneyao Airlines unveils new design for Boeing 787
Chinese carrier Juneyao Airlines is scheduled to receive its first Boeing 787-9 Dreamliner this September, making it the first Chinese private airline to receive a wide-body, long-haul jet airliner. Juneyao Airlines' first Boeing 787 aircraft will be delivered with a livery showing the colourful Chinese peony, the national flower of China. The new design is meant to depict the airline's hope and expectations for a peaceful, powerful and prosperous country. Celebrating its 10th anniversary, Juneyao airline has entered a new era, whereby it is operating with both Boeing and Airbus aircraft. The latest aircraft, together with Juneyao Airlines' painted fleet of Airbus A320, is representative of China and of promise for the future. In addition, the Chinese Ribbon livery design, which won against other proposals in a public livery competition, will be used on the Boeing 787, demonstrating Juneyao Airlines' support for the direction that China is taking and its dedication in contributing to the country's One Belt, One Road initiative. The plane's configuration will feature a Business Class section fitted with 180-degree lie-flat Thompson Vantage XL seats, each with a 42-inch pitch and arranged in a 1-2-1 configuration. Economy Class features Recaro CL3710 nine-way adjustable headrests and seats equipped with warm lighting, in-flight HD entertainment systems with 12-inch screens, standalone USB interfaces, and other facilities. Juneyao expects to take delivery of three painted 787 planes between now and the end of the year. At first, the planes will service some key domestic routes before being transitioned to the airline's first grouping of long-haul, intercontinental routes.
Shanghai’s Juneyao Airlines plans for long-haul future
A rendering of Juneyao’s Boeing 787-9 Juneyao Airlines, the Shanghai-based carrier, is moving ahead with its long-haul expansion plans, as it targets the launch of new routes to the US and Europe. The airline has finalised its first ever twin-aisle aircraft order, with an agreement to purchase up to 10 Boeing 787-9 Dreamliners. The deal includes five firm orders and options for a further five, with all 10 long-haul jets valued at a total of US$2.6 billion. "Our strategic vision is to develop into an international airline that provides high quality service with an extended network, while ensuring excellent profitability," explained Wang Junjin, chairman of Juneyao Airlines. "Today's order is set to play a key role in our growing business in the years to come, and we look forward to continuing our relationship with Boeing into the future." Launched in 2006, Juneyao Airlines has grown to become one of China's largest private carriers. It currently operates domestic and short-haul international routes to destinations in Japan, South Korea and Thailand. But following the arrival of the new Dreamliners, it intends to open new routes to North America, Europe and Australia by 2020. This marks Juneyao's first Boeing order; at present the airline operates an all-Airbus fleet comprising almost 60 single-aisle A320 and A321 jets. These are all configured in a twin-cabin layout, but details of the Dreamliners’ configuration have not yet been revealed. "We are pleased to welcome Juneyao Airlines as a new Boeing customer," said Rick Anderson, Boeing's vice president of sales for Northeast Asia. "This order is an endorsement of their confidence in the 787 Dreamliner, which is the first choice for many single-aisle operators to start wide-body operations." The 787-9 can typically seat 290 passengers in a two-class configuration and has a range of 14,140km, which allows it to fly non-stop from Shanghai to destinations on the east coast of the US, such as New York.
No Event found matching your search.
Return To Home