Chen Chuanren is the Southeast Asia and China Editor for Aviation Week's Air Transport World magazine and the Asia-Pacific Defense Correspondent for Aviation Week.
Prior to joining the Aviation Week team in 2017, Chuanren was a regular serviceman in the Republic of Singapore Air Force (RSAF) Air Defense and Operations Command. He now serves the RSAF Air Force Information Center as a reservist. He holds a Bachelor of Mass Communications as well as a Diploma in Mechatronics (Aerospace).
COVID-19 has ended Spring Airlines’ year-long run of double-digit quarterly profit increases as China’s largest LCC recorded a CNY227 million ($32 million) loss for Q1 2020.
Troubled Hainan Airlines managed to get back into the black for fiscal 2019, posting a net profit of CNY543 million ($77 million) as it was kept afloat by a series of asset disposals.
China’s big three state-owned carriers Air China, China Southern Airlines and China Eastern Airlines have recorded a cumulative loss of CNY14 billion ($2 billion) for Q1 2020 as the COVID-19 pandemic brought the Chinese aviation industry to a standstill.
