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China Eastern converts subsidiary into budget carrier

Published Wed, Jul 2, 2014 · 10:00 PM

[BEIJING] China Eastern Airlines Corp Ltd launched yesterday its budget airline, becoming the first state-run carrier to tap the low-cost travel segment long dominated by privately run Spring Airlines.

China Eastern said it would use the 80 Boeing 737 planes it had ordered from Boeing Co last month in a US$7.4 billion d…

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Companies & Markets

China Eastern converts subsidiary into budget carrier

Transport & Logistics

GM CEO Barra compensation fell 4% in 2023 to US$27.8 million

Boeing reports first revenue drop in 7 quarters as deliveries decline

Volkswagen to keep China market share stable as price war rages

COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill

Tesla profits tumble but shares rise on new vehicle plan

Volvo Cars see good demand this year after higher Q1 unit sales

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

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