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.
Jetstar Hong Kong failed to meet requirements defined by the Basic Law in regards to Hong Kong as its principal place of business.
China Eastern is using new technology to develop value-added customer service that is expected to generate non-ticket sales revenue of RMB5 billion in three years.
Spring Airlines transported more than 800,000 passengers/trips on its China-Japan services, and 329,000 passengers/trips in 2014 alone.
China Southern Airlines has become the world’s third largest airline having carried more than 100 million passengers/trips annually, according to IATA.
