Shanghai-based low cost carrier Spring Airlines has reported a net profit of CNY619.5 million ($97 million) for the first half of 2015, up 129% over the CNY270.8 million for the same period the previous year.
Australia’s Competition and Consumer Commission (ACCC) has dropped its previous opposition against China Eastern’s planned alliance with Qantas, giving the carriers the green light to coordinate pricing and scheduling.
China’s Xiamen Airlines has launched international long-haul services to Amsterdam from Xiamen and plans to open new services to Sydney at the end of the year as it picks up its international expansion pace.
China Eastern Airlines is expected to report a first-half net income of CNY3.5 billion to CNY3.7 billion ($571 million to $604 million), up significantly over the net profit of CNY14 million in the year-ago period, according to a carrier forecast statement released by the Shanghai Stock Exchange.
Scandinavian Airlines (SAS) has rolled out a new cabin design and IFE and connectivity products to coincide with its taking delivery of new Airbus A330-300s, for which it it’s the first European operator of the 242-tonne version....More