Search results for “expand fleet”
Chinese carriers to spend over US$4 billion on planes to meet long-haul flight demand
07/21/2015|2:49:31 PM|
The Chinese aviation sector's turnaround is attributed to lower fuel costs and explosive growth in international air routes.
Spring Airlines plans to raise US$725 million with private offering
07/21/2015|9:38:45 PM|
Spring Airlines intends to use the funding to purchase 21 A320 aircraft and to outfit its aircraft with inflight internet capabilities.
Hainan Airline to raise US$3.8 billion in private offering
04/14/2015|9:21:28 AM|
Hainan Airlines plans to make a private offering of 6.593 billion shares at a minimum of RMB3.64 per share to raise up to RMB24 billion.
China Eastern approved to have the largest connected fleet in China
06/01/2015|9:13:52 PM|
China Eastern is approved to commence inflight internet service on 21 of its wide-bodied aircraft, the largest-scale inflight internet service among Chinese carriers.
Juneyao Air’s share price up 44% on first trading day
05/28/2015|9:25:09 PM|
Juneyao Air share price quickly shot up 44.01% from the issue price of RMB11.18 to the maximum limit of RMB16.10 on the first day of trading.
CAR Inc signs purchase deal with VW to enlarge fleet
05/13/2015|10:30:25 AM|
CAR Inc has signed an agreement to purchase 100,000 cars for at least RMB10 billion from Shanghai Volkswagen over the next three years.
Spring Airlines expands Japan service but gives no timetable for long-haul ambitions
03/04/2015|9:46:09 AM|
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.
China Southern to expand Hainan operation in next five years
04/21/2015|3:15:02 PM|
China Southern Airlines will expand its fleet in Hainan to more than 40 aircraft and have fixed assets of RMB18 billion by 2020.
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