Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.
Prior joining AWN, 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).
The Chinese aviation industry has lost about CNY39.8 billion ($5.6 billion) over the course of the 2020 first quarter, with the airline sector taking up most of the share at CNY33.6 billion, according to an estimate by the Civil Aviation Administration of China (CAAC).
Vietnam Airlines will reportedly sell its 49% share in Cambodian flag-carrier Cambodia Angkor Air to stem the impact from the COVID-19 crisis that has grounded all passenger flights in Vietnam.
Encumbered by a poor fourth quarter, independent Chinese carrier Juneyao Airlines saw its 2019 total net profit slide 19.3% year-on-year (YOY) to CNY994.5 million ($142.3 million).