Ticket agents will find it difficult to survive on unscrupulous means. Instead they have to innovate in products and services in order to stay afloat.
China Eastern Airlines’ operational revenue was RMB22.393 billion and Hainan Airlines reported RMB9.122 billion revenue.
Hainan Airlines’ subsidiary Hainan Xinsheng Feixiang Culture Media Co is the first inflight media and inflight integrated sales company to list on the “third board”.
China’s first private charter airline Juneyao Air has been cleared for a Shanghai IPO on April 22 by the China Securities Regulatory Commission.
Chinese carriers have maintained rapid growth especially in international flight operations in Q1 of 2015 CAAC reports.
China Southern Airlines will expand its fleet in Hainan to more than 40 aircraft and have fixed assets of RMB18 billion by 2020.
Spring Airlines is partnering with four major tech companies, including Tencent, Tempus Global and CIIC, to be the first connected Chinese carrier.
Air China has denied rumours it is buying into South Africa Airways while confirming that it is forming a partnership with SAA.
