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Spring Airlines, China air companyAir Code: 9C
Name: Spring Airlines
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Spring Airlines is a low-cost airline based in Shanghai China. It is the first low-cost airline in China. While the company has adopted the English name "Spring Airlines", the Chinese characters literally mean "Spring and Autumn Airlines". It was given the approval to be established on 26 May 2004, and started operations on 18 July 2005.
Spring Airlines took delivery of its first aircraft, an Airbus A320 (formerly of Lotus Air), on 12 July 2005, at Shanghai Hongqiao International Airport. It started operations with a flight between Shanghai and Yantai on 18 July, 2005. Daily flights to Guilin were also initiated. Spring Airlines is the aviation subsidiary of the Shanghai Spring International Travel Service.
To keep operating costs low, Spring Airlines sells tickets exclusively from its website and offers no complimentary on-board meals, but only bottled water on flights. However, customers can still purchase meals on board. In December 2006, the airline offered a 1-yuan promotional price which caused trouble with government officials.
In early 2007, the airline announced a 2006 net profit of CNY20 million ($2.6 million) on revenue exceeding CNY500 million. It also revealed its intention to seek financial investors. In 2004, a proposal by Singapore Airlines to acquire a 40 per cent stake had been rejected. |
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