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Search results for “budget carrier”
Sino-Australia travel peak leads to more direct routes in lower-tier market
09/28/2016
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9:16:29 AM
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Chinese carriers are seeking to launch more non-stop services between Australia and lower-tier Chinese cities, as demand is booming while air rights in top-tier cities are tight.
AirAsia looks for SOE partner to tap Chinese market
08/18/2016
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10:11:18 AM
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AirAsia mulls over a joint venture in China to tap into the booming travel industry of the world's second-largest economy, according to a CNBC interview.
Ctrip becomes China Eastern’s fifth largest shareholder after RMB 3 bn investment
07/06/2016
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10:05:19 AM
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China Eastern Airlines has raised RMB 8.548 billion in a private placement and Ctrip has become the carrier’s fifth largest stakeholder after taking 3.22% for RMB 3 billion.
China Southern reports 10.6% decline in net income in H1 2016
08/30/2016
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10:32:27 AM
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Net income at China Southern fell 10% in the first six months while Hainan Airline reported a 4.4% gain and net income of Spring Airlines climbed to RMB 740 million.
AirAsia may sell leasing arm to HNA or China Merchants Bank
08/05/2016
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3:14:32 PM
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Asia’s biggest budget airline will kick off sale of its leasing unit this month, seeking to cut debt with a deal that could value the business at about USD 1 billion.
HNA to connect US and China by long-haul low-cost flights
08/03/2016
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4:45:21 PM
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Both HNA Group and United Airlines are eyeing lower-tier market of airline service between China and US.
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.
Cathay Pacific’s disappointing 2016 impacted by regional competitors
07/19/2016
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9:18:47 AM
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The performance of Cathay Pacific in the first half of 2016 was impacted by the emergence of mainland Chinese carriers and many regional budget airlines as well as a rebound in crude oil prices this year.
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