Air China (SHSE:601111) Total Aircraft in Service # : 0.00 (As of . 20)

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What is Air China Total Aircraft in Service #?

Total Aircraft in Service # is an indicator which measures the capacity of airlines.

The historical rank and industry rank for Air China's Total Aircraft in Service # or its related term are showing as below:

Air China Total Aircraft in Service # Historical Data

The historical data trend for Air China's Total Aircraft in Service # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
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Air China Total Aircraft in Service # Chart

Air China (SHSE:601111) Total Aircraft in Service # Explanation

Total Aircraft in Service # might be directly purchased or leased by the airline. Instead of spending large amounts of money on buying aircrafts, some airlines opt to lease aircrafts from an aircraft lessor. For example, lessors purchase planes from manufacturers like Airbus and Boeing and lease them to airlines for a monthly rental over a fixed period.

There are two main reasons for airlines to lease instead of buy: to operate aircraft without the financial burden of buying them, and to provide a temporary increase in capacity. The airline industry has two main leasing types: wet-leasing, also known as short-term lease, and dry-leasing, which is more normal for longer-term leases.

Air China Total Aircraft in Service # Related Terms

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Air China (SHSE:601111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air China Ltd (SHSE:601111) » Definitions » Total Aircraft in Service #

Comparable Companies

Traded in Other Exchanges

AIRYY:USA AICAF:USA 00753:Hong Kong AD2:Germany AD2:Austria

Address

30 Tianzhu Road, Airport Industrial Zone, Blue Sky Mansion, Shunyi District, Beijing, CHN, 101312

Website

http://www.airchina.com.cn

Air China is based in Beijing. It is one of the largest state-owned airlines and the flag carrier in China. The group operated a fleet of 762 aircraft as of 2022 and carried more than 115 million passengers in prepandemic 2019. It runs a spoke-and-hub model under which it gathers and distributes passengers from air hubs such as Beijing, Chengdu, and Shanghai. The group's route network extends to over 187 destinations and 43 countries and regions.

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