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Chinese conglomerates eye European airports as new acquisition targets

04/27/2015|9:39:45 AM|

Airports have become the new overseas acquisition targets for Chinese corporations with the acquisition of Lubeck Airport by China PR Group.

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.

Spring Airlines to launch five new routes to Japan

02/27/2015|5:20:48 PM|

Spring Airline's five new routes will connect Shanghai with Asahikawa Hokkaido, and Chengdu, Zhengzhou, Xian and Jinjiang with Osaka.

Beijing Shanghai high speed rail becomes profitable IPO imminent

12/09/2014|11:52:27 AM|

The Beijing-Shanghai high-speed rail is well on target to achieve the projected annual throughput this year of 106 million trips, at a 20% average rate of increase and will begin to turn in a profit.

24 airports in China pass 10 million mark in passenger volume

12/29/2014|11:04:42 AM|

China’s major airports are top ranked globally in passenger and freight volume and over 24 airports in China handle more than 10 million passengers a year.

Universal Travel Group Announces Second Quarter 2010 Results

08/12/2010|8:52:42 AM|

Revenue for the three months ended June 30, 2010, was $36.7 million compared to $18.4 million for the same period in 2009, an increase of 99.6%.

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