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BEIJING - Air China (OTC:AIRYY) Limited, the national flag carrier of the People’s Republic of China, has announced that its board of directors will convene on Tuesday, 29 April 2025. The meeting’s agenda includes reviewing and approving the company’s first quarterly results for the period ending 31 March 2025. This forthcoming assembly will address the financial performance of both Air China and its subsidiaries.
The notice, issued by joint company secretaries Xiao Feng and Huen Ho Yin, confirms the date for the board meeting but does not provide specific details about the expected financial results. The announcement comes at a time when the aviation industry is keenly watched by investors for signs of recovery and growth, especially following the challenges posed by global events in the past years.
Investors and market analysts often scrutinize quarterly results for insights into a company’s operational performance and strategic direction. These results can influence the company’s stock price on the Hong Kong Stock Exchange, where Air China is listed under the stock code 00753.
The board of directors of Air China includes a mix of executive and independent non-executive directors, as mentioned in the announcement. This composition is designed to ensure a balance of internal oversight and external perspective in the company’s decision-making processes.
The announcement, distributed by RNS, the news service of the London Stock Exchange (LON:LSEG), indicates that the meeting is part of the company’s regular corporate governance practice. It is a standard procedure for publicly listed companies to hold such meetings to review and approve financial results before making them public.
As the date of the board meeting approaches, stakeholders will be looking forward to understanding Air China’s performance and strategies, particularly in the context of the global aviation sector’s ongoing challenges and opportunities.
This report is based on a press release statement and aims to provide investors with the latest information regarding Air China’s upcoming board meeting and the review of its quarterly financial results.
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