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ZNH News and Press, China Southern Airlines Company Limited From 06/28/22

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Company Name: China Southern Airlines Company Limited
Stock Symbol: ZNH
Market: NYSE

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ZNH - Travel stocks jump on hopes China quarantine easing is a pandemic end point

Tuniu Corporation (TOUR) was the biggest gainer in the consumer sector in early trading on Tuesday with a 46% pop. Positive news out of China on travel sent buyers back into TOUR. The National Health Commission in China said it will shorten the quarantine period for international travelers to...

ZNH - Boeing climbs 5% as China Southern concludes 737 MAX test flight

Boeing (NYSE:BA) bounces off its lowest close since March 2020, +5.1% in Thursday's trading to lead all Dow Jones gainers, after China Southern Airlines (ZNH) conducted test flights with a 737 MAX jet for the first time since March. A MAX jet reportedly took off from Guangzhou on Tuesday morn...

ZNH - Why Boeing Stock Bounced Back Today

Aerospace behemoth Boeing (NYSE: BA) stock took a 2.5% hit on Monday after Bloomberg reported that China Southern Airlines (NYSE: ZNH) is delaying acceptance of deliveries of more than 100 Boeing 737 MAX jetliners to 2025 or later. That's the bad news. The good news ...

ZNH - China Southern Airlines Company Limited Files 2021 Annual Report on Form 20-F

China Southern Airlines Company Limited Files 2021 Annual Report on Form 20-F PR Newswire GUANGZHOU, China , April 28, 2022 /PRNewswire/ -- China Southern Airlines Company Limited (the "Company") (NYSE: ZNH; HKSE: 1055; SSE: 600029), announced that the Compan...

ZNH - Mystery deepens around crash of China Eastern flight

The mystery of the China Eastern Airlines (NYSE:CEA) flight that crashed last week in China deepened after authorities said there was no evidence of explosive materials in the wreckage for the flight that crashed with 132 people on board. "Lab tests taken of 66 samples, 41 of which have been ...

ZNH - Boeing cuts loss after Morgan Stanley says grounding risk to earnings is not significant

Boeing (BA -3.7%) pared its loss from earlier in the day after analysts say regulatory risk from a crash early in the day in China may not be as great as initially feared. Morgan Stanley noted that the Boeing 737 NG does not have the Maneuvering Characteristics Augmentation System software is...

ZNH - Airline stocks are falling due to higher oil prices but these carriers have a hedging advantage

Global airlines stocks gave back some of the gains they picked up over the last few session after the Kremlin denied that substantial progress had been made with diplomatic talks with Ukraine. That headline promoted a notable turn higher in oil prices. Decliners include Azul (AZUL -4.8%), Gol...

ZNH - FuelCell top industrial gainer amid global energy concerns, Kanzhun picks #1 loser tag

The week ending March 11 saw energy solutions related stocks soar to the top five while Chinese companies formed the majority of the worst decliners. The SPDR S&P 500 Trust ETF (NYSEARCA:SPY) -2.80% was in the red for the second week in a row. YTD the ETF is -11.56%. The In...

ZNH - Global airline stocks are reeling again as oil, war concerns push aside recovery hopes

Global airline stocks fell again on Monday as the Ukraine-Russia headlines and the prospect for higher jet fuel prices continued to power down expectations for a full post-pandemic recovery in the summer of 2022. Some of the notable decliners included China Southern Airlines (ZNH -5.6%), Azul...

ZNH - Should You Scoop Up Shares of American Airlines Under $20?

Pent-up demand for travel and solid progress on the vaccination front are helping airline companies recover from their pandemic-driven travails. However, operational inefficiencies have caused American Airlines (AAL) to cancel hundreds of flights lately. And the air carrier is also struggling...

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