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China Eastern Air buys 80 new Boeings

China Eastern Air buys 80 new Boeings

June 13, 2014 (Chinavestor) China Eastern Airlines (NYSE:CEA), the second largest Chinese carrier by fleet size, entered into an agreement with The Boeing Co. (NYSE:BA) to purchase 80 brand new Boeing B737 series aircraft. CEA intends to use these new aircraft to increase its presence in Xi'an and Kunming. These two regional hubs are developing fast and  are in need of aircraft. Shanghai will remain the main hub for China Eastern Airlines (NYSE:CEA), the company said.

Industry Watch

Tesla break out above $200

Tesla break out above $200 April 22, 2014 (Chinavestor) As expected, Tesla Motors (NASDAQ:TSLA) is on fire after breaking above the $200 resistance level yesterday. TSLA is on fire, is up $13.50 or 6.6% trading @ $217.8 one ho...
Industry Watch

CEA, ZNH rock on Monday

CEA, ZNH rock on Monday June 18, 2012 (Chinavestor) Monday may historically been a lucky day for China Eastern Airlines (NYSE:CEA), according to the following chart. The stock surged 6.6% at the open and is gaining strength...
Industry Watch

Chinese aviation industry overview

Chinese aviation industry overview April 25, 2012 (Chinavestor) China's aviation industry has been growing and has now become the second largest market in the world second only to the US. The estimated profit of civil aviation in Chin...
Industry Watch

Money flows support China transportation stocks

Money flows support China transportation stocks January 9, 2012 (Chinavestor) We spotted a huge uptick in money flows within the Chinese transportation sector late last year. Seaspan Corp. (NYSE:SSW) was behind that particular large uptick. The go...
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