Spring Airlines will build a hotel at the Centrair Airport, Japan. The planned hotel will have 250-300 rooms and 14 floors and will open in 2016 or 2017.
The Chinese aviation sector's turnaround is attributed to lower fuel costs and explosive growth in international air routes.
Spring Airlines intends to use the funding to purchase 21 A320 aircraft and to outfit its aircraft with inflight internet capabilities.
Chinese arrivals to the US jumped 50% in the first half of this year spurred by the new visa rule, and 70% more visas are expected to be issued this year.
Swissport parent company PAI Partners is considering an IPO or sale to a buyer like HNA Group. If listed,Swissport could trade for up to US$3.5 billion.
Juneyao Air plans to raise RMB3.565 billion (approx: US$574 million) to expand its fleet and enter the online travel industry to open new sources of revenue.
The 50 B737 series narrow-body aircraft for China Eastern’s wholly-owned subsidiary China United Airlines, the carrier said on July 9.
Payment technology maturity and adoption is diverse in China. Airlines need to follow different rule sets and service levels for alternative payment types than that of credit cards.
