Air China raises price for rival
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Air China ups efforts to buy a  stake in China Eastern Airlines, pledging to pay at least 30% more than a rival.
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FORT WORTH, Texas - At least three major competitors followed American Airlines&#39; lead and raised some domestic fares $5 one-way and $10 round-trip this week, but it remained unclear Friday if the increases would stick.
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PARIS: Europe&#39;s largest carrier Air France-KLM joined rivals yesterday in raising its ticket prices to offset soaring jet fuel costs, but a leading bank questioned how effective the surcharges would be in protecting airline profits.
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Major U.S. airlines have boosted fares in some domestic markets, matching an increase initiated by low-cost carrier AirTran Airways, airlines, analysts and travel Web sites said on Tuesday.
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Singapore Airlines confirms it is in talks about buying a stake in  China Eastern Airlines, a deal which could be worth up to $1bn.
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China Power International Development Ltd. raised HK$2.5 billion ($320.6 million) in an initial public offering, bankers said, after pricing its shares at a discount to rivals and selling a stake to Singapore&#39;s investment company.
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Shares of AirAsia Bhd., Southeast Asia&#39;s biggest discount airline, rose about 16 percent on their first day of trading in Malaysia on expectation a drop in fuel prices and new routes to China and Indonesia will boost profit.
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UAL Corp. UALAQ.OB , the parent of  United Airlines, said on Friday it would raise its existing $10  each-way fuel surcharge by an additional $5 due to soaring fuel  costs.
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Qantas Airways, Australia&#39;s biggest airline, says it will raise ticket prices for the second time in three months to help tackle rising fuel costs, just a day after posting a record annual profit.
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Independence Air plans to raise fares from an average of $60 to the mid-$70s by this winter and to reduce flights even as it faces a $98 million payment due in January on the lease of its regional jets.
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Delta Air Lines, United Airlines and Continental Airlines have all raised their domestic fuel surcharges, matching a move by American Airlines amid soaring fuel prices.
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Air China has chosen London and Hong Kong for its $1bn (Â£514m) stock market listing this month, the London Stock Exchange says.
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Shares in Air China, the country&#39;s flagship carrier, closed 8.2 per cent higher yesterday when it began trading in Hong Kong, as Chinese stocks in the territory continued to rebound
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PARIS -- Airlines the world over are raising fares to offset rising oil prices that threaten to choke off a gradual recovery in air travel and pile more woes on struggling carriers.
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AUSTRALIAN airline Qantas has upped its prices for the second time in three months, blaming rising oil prices, while budget airline Ryanair insists it will not impose fuel surcharges on customers.
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China Eastern Airlines said yesterday it valued its new order of 20 Airbus jets at $3.4 billion. The A330-300s will be delivered to China&#39;s third-largest airline between 2006 and 2008.
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Shares of China&#39;s biggest airline Air China Ltd. rose 8 percent in their debut on the Hong Kong stock exchange Wednesday, boosted by robust growth in the mainland&#39;s air traffic.