On January 13, Morgan Stanley upgraded Air China's class A share rating to parity, with a target price of 9.63 yuan; upgraded China Eastern Airlines' class A share rating to parity, with a target price of 4.66 yuan; upgraded China Southern Airlines' class A share rating to parity, with a target price of 7.87 yuan. For Hong Kong stocks, Morgan Stanley upgraded Air China's H share rating to overweight, with a target price of 7.61 Hong Kong dollars; upgraded China Southern Airlines' H share rating ...
On October 30, the Canadian Transport Agency announced on its website on the 28th local time that on October 24, the Minister of Transport of Canada, under the instruction of the Minister of Foreign Affairs, revoked the restrictions on "Chinese mainland airlines flying to Canada in a total of no more than six round-trip scheduled passenger flights per week" and "banning direct flights from Beijing to Canada" promulgated on February 3, 2022. From October 25, 2024, the restrictions on China Intern...
Shares of Spirit Airlines (SAVE. N) plunged 40 per cent in pre-market trading as the budget carrier was reported to be discussing the terms of a potential bankruptcy filing with bondholders after its failed merger with JetBlue.