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Chief Financial Officer

  • USD 131,000 to USD 162,000
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China Southern Airlines, now with 600 aircraft, has a weak 1H2014 and faces new challenges

2-Sep-2014 7:40 PM

In Aug-2014 China Southern Airlines reached a group fleet of 600 aircraft. Asia’s largest airline is now about to face a number of new problems, none individually large, but collectively unwelcome: its first direct LCC competition with 9 Air launching at China Southern’s home of Guangzhou, pushes from the government for expensive long-haul routes and managing subsidiary Xiamen Airlines’ entry into long-haul markets with 787s, the first of which it received on 31-Aug-2014.

The challenges may seem overstated: international routes are still a small fraction of China Southern’s capacity while LCC inroads will be gradual. But the impacts can be disproportionately large, and account for the difference between a profit and a loss. These are untested waters for China Southern, and it enters in a weak position having achieved a 1H2014 operating margin of only 1.5%. At the net level, exchange losses pushed the airline into the red.

Malaysia Airlines restructuring: cost cuts must be deep to improve short-haul competitiveness

2-Sep-2014 1:42 PM

AIRLINK aviation charity group spearheads an airlift for the Ebola Virus outbreak in Liberia

1-Sep-2014 5:00 PM

All Nippon Airways acquisition of Skymark and its A380s would be difficult but with upside for both

1-Sep-2014 4:42 PM

Malaysia Airlines restructure will need partners - perhaps Etihad, BA, Finnair or Qatar Airways

1-Sep-2014 9:15 AM

Brazil’s domestic aviation market remains stable despite macroeconomic uncertainty

30-Aug-2014 6:48 PM

Virgin Australia FY2014's loss aggravated by short haul international operations; FFP a new strength

30-Aug-2014 12:36 AM

Scoot CEO Update

Scoot prepares to take delivery in Nov-2014 of its first 787, which it sees as a game changer as it ushers in a new level of efficiency and enables the launch of new medium-haul routes. At about the same time Scoot plans to launch its joint venture in Thailand with Nok Air.

Nok Air CEO Update

Citilink CEO Update

Tigerair Australia CEO Update

Hawaiian Airlines CEO Update

Industry Overview by CAPA Executive Chairman, Peter Harbison
Airline Leader