Page 29 - Spring Airlines News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Alfred Chua2021-05-07T08:27:00+01:00 Japan Airlines will acquire Spring Airlines Japan to become a consolidated subsidiary, as part of a move to streamline its low-cost units and tap into future growth potential.  JAL, which currently holds 5% shareholding in the joint venture with Chinese low-cost giant Spring Airlines Group, hopes to complete the acquisition by June this year.  Source: Wikimedia Commons A Spring Airlines Japan 737-800 in March 2019 While the Oneworld carrier did not elaborate on how much it was set to invest, it states that it will work with 48% shareholder Spring Ai...

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Premium Analysis Japan Airlines’ plan to buy a controlling stake in Spring Airlines Japan is further evidence of the way that the Japanese majors are increasing their focus on LCCs, and also demonstrates how challenging it is – particularly for an LCC – to survive outside the country’s two dominant airline groups. While Spring Japan is a small player in the domestic market, it will still boost the JAL group’s LCC portfolio and lift its share somewhat closer to that of rival ANA Holdings. More importantly, Spring Japan also has the potential to improve the JAL Group’s access to the...

By Alfred Chua2021-04-30T04:28:00+01:00 China’s three largest airlines warned that they were far from being out of the woods, despite narrowing their losses and a pickup in passenger traffic. The ‘Big Three’ — comprising Air China, China Eastern Airlines and China Southern Airlines — were in the red for the quarter ended 31 March, amid a revenue decline brought about by a resurgence in coronavirus cases at the start of the year, as well as tepid travel demand over the Lunar New Year period. Source: Wikimedia Commons China Southern and China Eastern narrowed their quarterly losses....

Direct flight opens to Great Khingan Mountains   22:24 UTC+8, 2021-04-28       0 Shanghai-based Spring Airlines is operating three flights a week from the Pudong International Airport and Jiagedaqi in northwest Heilongjiang Province.  The aurora in Mohe in the Great Khingan Mountains. A direct flight between Shanghai and northeast China’s Great Khingan Mountains will allow city residents to explore the nation’s northernmost region during the upcoming Labor Day holiday. Shanghai-based Spring Airlines is oper...