日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Carrier buys into China Southern

By Wang Ying in Shanghai | China Daily | Updated: 2018-09-29 09:25
Share
Share - WeChat
Crew members serve drinks on a flight of Spring Airlines. [Photo by Yin Liqin / China News Service]

Shares of Spring Airlines surged 3.7 percent on the Shanghai Stock Exchange on Friday after the Shanghai-based budget carrier said it would invest in State-owned China Southern Airlines.

The low-cost carrier said that it would spend 846 million yuan ($123 million) to acquire 1.63 percent of China Southern's A-share nonpublic offering, making it the fifth largest shareholder in the airline. In a notice, China Southern said six other investors have also subscribed to the nonpublic offering, including parent China Southern Air Holding Co, China National Aviation Fuel Group Ltd and China Life Asset Management Co Ltd.

It also marked the second time that a domestic private carrier is investing in the nation's three largest State airlines - Air China, China Southern Airlines, and China Eastern Airlines.

In July, China Eastern Airlines announced plans to introduce strategic investors including privately-owned Juneyao Airlines in an investment up to 11.8 billion yuan.

Commenting on the Spring Airlines move, Yu Nan, an industry analyst from Haitong Securities, said in-depth cooperation between airlines will not only expand their flight network, but also complement each other in various ways.

According to Tan Wangeng, president of China Southern, Spring Airlines is likely to help China Southern explore the low-cost business model.

"The company is looking into possibilities for cooperation with budget airlines, though their business, operation and products are quite different," Tan was quoted by China Business News as saying.

Amid global economic uncertainties, airlines should join hands to combat negative circumstances, added Yu.

"The investment will help the two carriers to cooperate and possibly lead them to differentiate business models," said Spring Airlines in an announcement.

Spring Airlines is China's largest low-cost carrier, which has a quite different customer base, product design, and network compared with China Southern. The cooperation will promote resource integration among the two carriers and help cash in on mutual advantages for synergy, said Spring Airlines.

China Southern plans to raise 9.5 billion yuan to acquire 41 aircraft and lightweight seats for its A320 fleet.

The investment from Spring Airlines will further diversify China Southern's ownership, to enhance strategic cooperation between State-owned and private-operated enterprises, ThePaper.cn reported.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 国产一国产一有一级毛片 | 亚洲高清国产品国语在线观看 | 上海一级毛片 | 精品国产福利片在线观看 | 久久国产精品久久 | www.色网站 | 亚洲高清不卡 | 黄网在线 | 狠狠做深爱婷婷久久一区 | 色欲AV色情国产又爽又色 | 欧美一级小视频 | 国产在线精品一区 | 亚洲精品久久久久久中文字幕小说 | 欧美视频在线免费播放 | 国产美女视频网站 | 色网站在线免费观看 | 欧美日韩在线一区 | 91伊人 | 哥斯拉大战金刚2在线观看免费完整版 | 久久99国产亚洲精品观看 | 毛片特级 | 一级寡妇乱色毛片全18 | 一区二区三区免费在线 | 免费久久一级欧美特大黄 | 霍元甲之精武天下 | 久久久国产精品免费视频 | 精品视频网站 | 在线观看视频一区 | 免费一级片 | 亚州人成网在线播放 | 欧美成人三级一区二区在线观看 | 久久伊人色综合 | 久草成人网 | 久久午夜影院 | 日韩三及片 | 日韩精品视频在线播放 | 爱爱综合网 | 国内色综合精品视频在线 | 久久久久久中文字幕 | av在线电影网 | 午夜久久久久久久久久一区二区 |