TPE:2610

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Market Chatter: China Airlines Uses 40% SAF Blend on Amsterdam Long-Haul Flight

China Airlines (TPE:2610) used a 40% blend of sustainable aviation fuel (SAF) on a long-haul flight to Amsterdam for the first time, reducing estimated carbon dioxide emissions by 93.2 tonnes, CNA reported Monday.The demonstration flight also used meal trays and cutlery that were 30% lighter, low-carbon meals, soy-based ink for printed materials and digital boarding passes, according to the report.SAF has historically cost about 2.5 to three times conventional jet fuel, the news outlet said.China Airlines did not immediately respond to' request for a comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TPE:2610

Asia4d ago

Market Chatter: China Airlines to Raise International Booking Fee

China Airlines (TPE:2610) will raise the booking service fee on its international flights to $33 from $30, effective Sept. 22, the carrier said, as cited by Focus Taiwan on Thursday.The increase is in line with industry standards and follows those made in March and July. The fee helps cover the cost of using global distribution systems for reservations, the report added.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TPE:2610

Asia5d ago

China Airlines to Lease Taoyuan Premises from Subsidiary

China Airlines (TPE:2610) signed a property lease with its unit, Taiwan Aircraft Maintenance and Engineering for a total rent of around NT$55 million, according to a Wednesday filing with the Taiwan Exchange.The airline operator will lease around 1,762 square meters of space and will pay a monthly rent of around NT$2 million over a 27-month period.

TPE:2610

Research24d ago

SinoPac Securities Upgrades China Airlines to Buy from Neutral; Price Target is NT$23.20

China Airlines (TPE:2610) has an average rating of overweight and mean price target of NT$25.41, according to analysts polled by FactSet.

TPE:2610

Asia33d ago

China Airlines Slapped with NT$1 Million by Labor Department; Company to Take Legal Action

China Airlines (TPE:2610) has been slapped with a NT$ 1 million administrative fine by the Department of Labor of Taoyuan City Government, Taiwan, over a violation of labor laws, according to a Wednesday filing to the Taiwan stock exchange.The company's shares were down nearly 1% in Thursday's trade.After its labor inspections on July 1, the department found that the company's arrangement of two-pilot flight crew assignments failed to provide the statutory rest period, which is in violation of the Labor Standards Act.The airline has refuted the claims, saying all the crew assignments are arranged in compliance with applicable civil aviation regulations and will take legal action against the order."As this matter stems from a conflict between the relevant regulatory frameworks, the company respectfully disagrees with the determination and will seek administrative relief through the appropriate legal procedures, including requesting that the administrative penalty be set aside," it said.

TPE:2610

Research47d ago

Yuanta Securities Upgrades China Airlines to Buy from Hold; Price Target is NT$28

China Airlines (TPE:2610) has an average rating of overweight and mean price target of NT$24.30, according to analysts polled by FactSet.

TPE:2610

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