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  1. July takeoff date for Chongqing Airlines

    Posted May 28th 2007, 12:00am by Staff Reporter

    ... 1.2b yuan to be invested Chongqing Airlines may start its maiden flight in July after it is officially set up next month on the 10th anniversary of the city's upgrade to a municipality, a government source said. The airline, to be established on June 18, is 60 per cent-owned by China Southern Airlines, which will supply the passenger aircraft and technical support. ...

  2. Budget carrier Spring considering share float

    Posted Mar 10th 2008, 12:00am by Charlotte So

    ... Charlotte So Spring Airlines, a Shanghai-based budget operator, is considering a listing on the mainland next year to partially fund a US$1.2 billion bill for the acquisition of 30 ... but the regulator neither approved nor disapproved it. In December 2006, the airliner offered a one-yuan ticket from Shanghai to Jinan, Shandong, and the local government fined Spring Air 150,000 yuan ...

  3. Booming trade, foreign interest spur transport plays to mull IPOs

    Posted Nov 07th 2007, 12:00am by Charlotte So

    ... and mainland budget carrier Spring Airlines are tipped to tap the stock market. Grand China Airlines is expected to raise US$650 million. Mainland carriers had been put under the spotlight amid ... Charlotte So Rapid growth in the dry bulk shipping business and airline acquisition interest are boosting the number of transport-related initial public share offerings. Eleven transport ...

  4. Budget airlines spread their wings

    Posted Mar 05th 2012, 12:00am

    ... consultancy. Spring Airlines is currently the only mainland LCC operating international destinations including Hong Kong and Japan. None of the big four mainland operators has an LCC at present. ... Charlotte So charlotte.so@scmp.com A proliferation of budget airlines in Japan has helped entrench the low-cost carrier model in Asia, leaving full-service airlines with a tough choice- ...

  5. Fledgling airlines face uphill struggle for China take-off

    Posted Mar 17th 2005, 12:00am by Mark O'Neill

    ... Airlines of China,' said Wang Zhenghua, chairman of Shanghai-based Spring International Airlines. 'Aviation has changed from a luxury product into a mass product. Our market ... last year include Okay, Spring and United Eagle Airlines (UEA), based in Chengdu, capital of Sichuan. Of the three, Spring looks the most promising, because it has as its base one ...

  6. Fall in airline passenger traffic blamed on economic downturn

    Posted Apr 12th 2008, 12:00am by Charlotte So

    ... Airline passenger traffic on the mainland declined last month, according to data from the carriers' websites that suggested China is not immune to the global economic downturn. Air China, the most profitable mainland airline, saw a 0.9 per cent decrease in passenger numbers last month from a year earlier. The airline attributes the decline to the domino effect ...

  7. Jump in crude prices batters airline stocks

    Posted Jan 25th 2007, 12:00am by Charlotte So, Eric Ng

    ... Charlotte So and Eric Ng Oil futures in New York rebound above US$55 per barrel Airline stocks dived yesterday while oil companies rose as crude prices on the New York Mercantile Exchange ... to hasten the build-up of its strategic oil reserve. Shares of China Eastern Airlines dropped 4.6 per cent to HK$2.49 while China Southern Airlines dived 4.76 per cent to HK$3.60. Air China ...

  8. Talking points

    Posted Nov 01st 2011, 12:00am

    ... such as the 'Arab spring'- and cyber crime and security. Commentators have expressed scepticism that the varying interests of Europe and the United States on the one hand and Russia and China ... and 10 per cent. Singapore Airlines reveals name of budget carrier Singapore Airlines unveils the name of a new low-cost carrier and some of the destinations it will fly to. The world's ...

  9. Oasis moves closer to take-off as rival shelves objection

    Posted Oct 12th 2005, 12:00am by Russell Barling

    ... Russell Barling HKEA backs down to stem 'drain on resources' ahead of spring launch Hong Kong Eagle Aviation (HKEA) has dropped its objection to a licensing application from Oasis Hong Kong Airlines, bringing the budget start-up carrier one step closer to a possible launch date early next year. HKEA, a shell company created by Macau Eagle Aviation, the parent ...

  10. Rush into private jets is set to slow

    Posted Apr 10th 2012, 12:00am

    ... waiting for CAAC approval for an operator certificate. Even the chief executive of Shanghai-based budget carrier Spring Airlines, Zhang Xiuzhi, said she was interested in running a private jet ... including Deer Jet, Beijing Airlines, China Eastern Airlines' corporate jet arm, Shenyang-based ZYB Lily Jet, and Shandong-based Nanshan Jet Chengdu-based Allpoints Jet, which ordered two ...




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