China's LCCs, which are facing a lack of access to trunk routes, restriction on the introduction of new aircraft and pilot shortages, are experiencing mixed results in their efforts to attract the foreign investors they need to move forward with listing plans. Spring Airlines has met with success, sealing a deal with Citibank under which the latter will serve as strategic investor and financial adviser, Spring spokesperson Zhang Lei revealed (ATWOnline, July 4). The carrier intends to list ...

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