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Search results for “LCC”
Budget airlines transforming China's aviation industry
12/08/2015
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5:55:40 PM
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Since 2013, the CAAC has encouraged budget airlines.Freeing up new routes for low-cost carriers also helps develop economic growth in western China.
Singapore Air offers S$453 Million to take Tiger Air private
11/06/2015
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10:02:40 AM
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Singapore Airlines is offering to pay S$453 million to buy shares of its low-cost unit it doesn’t already own and take it private.
Spring Airlines profit leaps 83% in Q1-Q3 of 2015
11/03/2015
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10:17:20 PM
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Spring Airlines saw 13% increase in revenue in the first three quarters of this year, to RMB6.325 billion, and net profit attributable to shareholders skyrocketed 83% to RMB1.202 billion. Basic earnings per share were RMB3.09.
China's carriers to splurge USD 5 billion on foreign airline investments by 2020
08/15/2016
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1:53:32 PM
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China’s burgeoning airlines is anticipated to spend USD 5 billion on foreign airline investments by 2020, surpassing the spending spree by the U.S. legacy airlines.
Spring Airlines to explore more international routes
10/10/2015
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10:40:29 PM
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China's Spring Airlines, the country's largest LCC will launch its first direct flight between Changchun in Jilin province and Bangkok.
Travelport unfazed by limited penetration in China, hopeful of bright future
08/12/2016
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4:48:35 PM
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Travelport is confident of delivering sustainable growth in the coming years, but it is still waiting for the regulatory environment to open up in China.
Spring Airlines to expand fleet, eyeing foothold in Beijing's new airport
08/11/2016
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3:48:58 PM
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Spring Airlines plans to expand to 100 aircraft by 2018 to meet growing market demand, but rules out possibility of launching future long-haul intercontinental routes.
Airbus books USD16.2 billion in commercial aircraft orders in April
05/11/2016
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2:17:05 PM
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Airbus booked firm orders for 85 commercial aircraft in April, valued at approximately US$16.22 billion at list prices
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