Spring Airlines A320 Shanghai-based Spring Airlines (9C) is awaiting approval from the China Securities Regulatory Commission (CSRC) to launch an IPO via the Shanghai Stock Exchange that the carrier said is needed to fund its planned fleet expansion. Spokesperson Zhang Wuan said the launch date has not yet been determined; indications have pointed to the IPO taking place sometime in the current quarter. The low-cost carrier operates a fleet of 30 Airbus A320s on 57 domestic and ...

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