Tag archives: Airlines

Four Chinese airlines have signed deals to buy nearly 300 A320neo planes from the European aircraft maker Airbus, as the aviation industry continues to recover from COVID-19. The deals, worth $37 billion in total based on catalog price, are the biggest new aircraft orders placed by Chinese carriers since the pandemic broke out. The purchase came after a bumper year for Airbus, which posted record profits in 2021 after two years of sluggishness because of the pandemic. It has also given Airbus another boost over its US rival Boeing. Air China has ordered 64 A320neo aircraft, its holding subsidiary Shenzhen

Shanghai-based Chinese budget carrier Spring Airlines launched a two-dimensional mobile suited female figure amid a campaign to attract more young consumers as domestic airlines cope with COVID-related turbulence. On Friday, Spring launched the mobile suit girl cartoon-inspired mascot of sorts, a genre popular among consumers belonging to Generation Z-people born between the mid-1990s and the early 2010s. The figure is meant to represent a 17-year-old girl born in Shanghai. She has green eyes and wears green hair accessories, and is often depicted gazing skyward at airports. Spring has also designed personalities, hobbies, wishes and a pet phrase for the figure,

China Eastern Airlines plans to raise 15 billion yuan ($2.2 billion) through nonpublic issuance of shares to purchase 38 new aircraft and replenish liquidity amid the recent resurgence of local COVID-19 cases. Shanghai-based China Eastern Airlines said its parent and controlling shareholder, China Eastern Group, plans to subscribe no less than 5 billion yuan in shares. Among the total funds raised, it plans to use 10.5 billion yuan to purchase new aircraft, and 4.5 billion yuan for cash flow purposes, the carrier said in a statement on Tuesday. The airline intends to buy four domestically developed single-aisle C919 passenger jets