By Dominic Lalk
China’s Spring Airlines this week became the fifth-largest equity holder in China Southern Airlines after the low-cost carrier acquired a 1.63% shareholding in Asia’s largest airline.
Also in China, Emirates Airline said it would cancel its Yinchuan and Zhengzhou route from November. Across the Taiwan Strait, in Taipei, EVA Air accepted its maiden B787 and said the Dreamliner would mark “the beginning of a new era” for the airline. In India, Jet Airways is deferring payment of 25% of wages owed to its pilots, engineers and management. In the interim, Mumbai Airport is readying for six new international route launches in October, including an Air India nonstop link to New York’s JFK Airport.
Low-cost Spring Airlines invests in China Southern Read More »