China Southern chairman “investigated”

China Southern chairman “investigated”

Authorities are investigating the chairman of China Southern Airlines, the country’s biggest carrier, for “severe violations of discipline”, according to an official statement, using a phrase which typically refers to corruption.

The Central Commission for Discipline Inspection, the Communist Party’s corruption watchdog, gave no details of the case involving Si Xianmin in a brief statement posted on its website late on Wednesday.

Si was also president and deputy Communist party chief of the state-owned airline’s parent company.

He has spent most of his 40-year aviation industry career at China Southern, his official biography showed.

China Southern stock was down 0.32 per cent in Hong Kong but rose 2.13 per cent in Shanghai in morning trade on Thursday.

The airline, one of China’s “Big Three” carriers and the largest by fleet size, recorded a 48.4 per cent year-on-year fall in net profit to 1.17 billion yuan ($A260.23 million) in the third quarter, according to an earnings report.

The listed unit confirmed the investigation, saying it continued to operate in the “usual and ordinary” course of business, according to a statement.

Since President Xi Jinping took office more than two years ago, China has launched an unprecedented anti-corruption campaign, which has brought down government officials and corporate executives.

On Monday, the anti-graft agency said the second-highest-ranking executive of auto giant Dongfeng Motor Corp was under investigation for violations of discipline.

Last month, authorities said they were investigating the former boss of state-run energy giant Sinopec for alleged corruption — the latest of several senior oil sector figures to be probed.

Latest News

  • Food & Beverage
  • Hotels

Park Proxi Gibraltar Bowral announces partnership with Lotus Dining Group

Renowned Lotus Dining Group will offer a new dining experience at Southern Highlands property, Park Proxi Gibraltar Bowral, Seibu Prince Hotels & Resorts has announced.  Scheduled to open on 1 September, Lotus will bring its acclaimed Asian cuisine to the Southern Highlands with a hyper-local twist. Diners can expect a blend of favourite Lotus dishes […]

  • Hotels

Nozo Hotel Furano announce winter season exclusive package

Nozo Hotel Furano in Hokkaido has announced a special invitation to Aussie and Kiwi travellers with an exclusive winter package, in anticipation of its first anniversary. The hotel are offering a 30 per cent discount on all rooms and breakfasts for seven-night stays or more. The offer marks the hotel’s milestone celebration and ushers in […]

  • Conferences

Melbourne and Geelong convention centres pave the way for accessibility and inclusion

The operators of Melbourne Convention and Exhibition Centre and the future Nyaal Banyul Geelong Convention and Event Centre have taken a significant step towards inclusivity with the launch of their latest Accessibility Action Plan. Welcoming visitors from diverse backgrounds, Melbourne Convention and Exhibition Trust (MCET) is committed to providing safe spaces to connect and engage. […]

  • Cruise
  • News

AmaWaterways celebrates 22nd anniversary with offers on 2025 trips

As AmaWaterways embarks on its 22nd year, the luxury river cruise line has announced a range of savings offers to make river cruising even more accessible to both new and experienced cruisers. Travellers planning ahead can enjoy savings of up to 20 per cent on a range of European itineraries in 2025. Solo travellers also […]