Katie Cantle

Jiuyuan Airlines expects to launch formal operations in August 
Juneyao Airline low-cost subsidiary Jiuyuan Airlines is scheduled to launch formal operations around August to explore the labor market potential in the Pearl River region, according to Juneyao Airlines chairman Wang Junjin.
Chengdu Airlines becomes latest Chinese airline to plan LCC conversion 
Chengdu Airlines is expected to be converted into a low-cost carrier (LCC), another move in China’s push for more domestic low-cost services.
HNA Group may convert subsidiary Capital Airlines into LCC 
HNA Group may transform subsidiary Capital Airlines into a low-cost carrier (LCC) to explore the growth potential of the domestic low-cost market.
Spring Airlines A320
Spring Airlines suspends plans to launch IPO 
Shanghai-based low-cost carrier Spring Airlines has suspended plans to launch an initial public offering (IPO) on the Shanghai Stock Exchange to raise funds for fleet expansion.
Chinese carriers’ collective net profit drops 84% in April 
Chinese carriers reported a collective net income of CNY200 million ($32.4 million) in April, down 84% compared to a net profit of CNY1.25 billion year-over-year.
Ruili Airlines launches formal operations 
Ruili Airlines launched formal operations May 18 with a flight from Kunming to Mangshi.
Beijing to begin construction on new airport in Daxing 
Beijing plans to begin construction on a new CNY86 billion ($14 billion) airport in Daxing, possibly before July, according to an industry insider.
HNA Group to invest in Kenya cargo carrier Astral Aviation 
Hainan Airlines Group (HNA), parent of Hainan Airlines, is expected to invest in Kenya’s cargo carrier Astral Airlines as it further expands into the African market.
Xiamen Airlines may take over Hebei Airlines 
China’s Xiamen Airlines is reportedly in negotiations with Hebei Airlines stakeholders to take over the loss-making Shijiazhuang-based carrier, according to a Xiamen Airlines insider.
Spring Airlines Airbus A320
Spring Airlines to launch IPO for fleet expansion 
Spring Airlines is planning to launch an initial public offering (IPO) on the Shanghai Stock Exchange to raise funds for fleet expansion.
China’s big four carriers hit by yuan depreciation in 1Q 
China’s big four carriers were hit hard by exchange losses resulting from yuan depreciation in the first quarter as they either reported sharp profit declines or net losses.
Qingdao Airlines A320
Qingdao Airlines launches inaugural flight 
Chinese startup Qingdao Airlines launched its inaugural flight from Qingdao to Chengdu April 26.
Fuzhou Airlines to launch inaugural flight Oct. 1 
HNA Group subsidiary Fuzhou Airlines is scheduled to launch its inaugural flight Oct. 1.
Shandong Airlines Boeing 737-800
Shandong Airlines orders 50 Boeing 737 aircraft 
Air China subsidiary Shandong Airlines has placed a firm order for 50 Boeing 737 aircraft, including 737NGs and 737 MAXs.
Chinese carriers report net losses in March  1
Chinese carriers reported a collective net loss of CNY1.4 billion ($226 million) in March, reversed from a net profit of CNY107.69 million for the same period last year.

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