Company Watch - Air China / China.

For more company news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Sep 4, 2006

Air China today will launch services to Seoul from Dalian, daily aboard an A319, and Tianjin Saturdays on a 737. Sep 1, 2006

Air China's first-half profit fell 22.5% to CNY458 million ($57.4 million) from the CNY591 million earned in the first six months of 2005, according to press reports. Revenues climbed 17.7% to CNY19.93 billion. CA's offering on the Shanghai Stock Exchange earlier this month met with an unenthusiastic response, according to Reuters, forcing the carrier to repurchase 123 million A shares. It reduced the number of shares sold by nearly 40% and said it would repurchase up to an additional 600 million shares if they dropped below the initial price by year end. Aug 31, 2006

China Eastern Airlines carried 3.2 million passengers in July, a 14.7% increase over the year-ago month. Load factor rose 1.5 points to 75.6%. Aug 30, 2006

China Eastern Airlines lost CNY1.72 billion ($215.4 million) in the first six months of 2006, it told the Hong Kong Stock Exchange, according to the Associated Press. The result compares to a CNY580.6 million loss in the year-ago period. The carrier did not offer additional details. It reported a loss of CNY 955.1 million in the first quarter, implying a CNY764.9 million deficit in the quarter ended June 30. Aug 29, 2006