China Eastern Airlines’ (CEA) wholly owned subsidiary China United Airlines (CUA) is expected to formally adopt a low-cost carrier (LCC) business model March 29. The Beijing-based LCC said it will offer promotional airfares for as low as CNY8 ($1.30). China Eastern CEO Ma Xulun said CUA’s airfares would be an average of 20% lower than that of traditional network carriers. It will also provide no-frills service, which means it would charge for inflight food, checked luggage and ...

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