Riding on the success of its IPO, Spring Airlines is setting up an aircraft charter company to enter the aviation finance sector and boostingi Japan service.
Hong Kong Airlines’s IPO plans may be delayed as the carrier is discussing the possibility of a private offering for strategic investors.
The establishment of Jiangxi Airlines with RMB2 billion registered capital has been approved by the CAAC East China administrative bureau.
Spring Airline's five new routes will connect Shanghai with Asahikawa Hokkaido, and Chengdu, Zhengzhou, Xian and Jinjiang with Osaka.
While first-time flyers comprised 40% of domestic traveler and 60%on international flights in 2014.
Dubbed the “fourth largest aviation hub”， Chengdu boasts the fifth largest airport in China with 37.5 million passengers throughput in 2014.
China Southern Airlines plans to bolster its passenger service to Australia and New Zealand this year to meet customer demand.
A new era of growth and competition is expected for US and Chinese carriers following the Sino-US bilateral visa extension policy in November 2014.
