Spring Airlines Co., Ltd.
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Spring Airlines Co., Ltd. (hereinafter referred to as Spring Airlines) made its maiden flight on July 18, 2005. It is one of the first private airlines in China and the largest private airline in China. By July 2021, Spring Airlines had 108 Airbus A320 series aircraft with an average age of 3.74 years. The route covers major business and tourism cities in China, Southeast Asia, and Northeast Asia, operating over 230 routes and transporting 20 million passengers annually. On the premise of ensuring safety, Spring Airlines focuses on punctuality and service quality, respects passengers' right to choose, and provides passengers with a variety of affordable travel products, allowing them to "only spend what they should". Spring Airlines is headquartered in Shanghai and has bases in Shenyang, Shijiazhuang, Shenzhen, Yangzhou (Taizhou), Ningbo, Lanzhou, Jieyang (Chaoshan), Jeju, South Korea, Osaka, Japan, and Bangkok, Thailand. It actively implements an international development strategy, with international flight capacity investment ranking first among all airlines. Spring Airlines has innovatively started, safely and smoothly operated, and is an airline with B2C online sales and mobile direct sales as its main sales channels. Online sales account for 85% and mobile sales account for 30%, ranking first in the industry; The unit fuel consumption is 28% lower than the industry average, and the per capita exhaust emissions are 40% lower than the industry average, ranking first in China's civil aviation industry. Spring Airlines has innovatively developed and became the first independently developed sales system (IDS) in the civil aviation industry; The first independently developed departure system (DCS); The first independently developed operational control system (FOC); The first independently developed maintenance system (MIS). On January 21, 2015, Spring Airlines made its initial public offering of A-shares, landing in the capital market and becoming the first private airline stock in China, which was fully recognized by the capital market. Starting from October 15, 2018, the renovation of Terminal T1 of Shanghai Hongqiao Airport was completed, providing one-stop intelligent facilities including "self-service check-in self-service check-in self-service verification self-service boarding" to serve passengers. Spring Airlines became the first airline in China to attempt to use intelligent airport self-service. Spring Airlines is the first private airline in China to receive the safety star rating honor from the Civil Aviation Administration. From 2017 to 2019, it ranked first among large and medium-sized airlines in Chinese Mainland in terms of punctuality rate of arrival. In 2018 and 2019, Spring Airlines became the only airline to have been awarded the "Four Ratios" (safety, punctuality, passenger satisfaction, and flight execution rate) by the Civil Aviation Administration for two consecutive years. On July 18, 2005, Spring Airlines' first Airbus A320 plane took off, marking the maiden flight from Shanghai to Yantai, marking the beginning of the journey for Spring Airlines to pursue their dreams in the blue sky; In March 2009, Spring Airlines delivered its first self purchased Airbus A320 aircraft, marking a steady growth in its fleet size; In October 2020, Spring Airlines received the first Airbus A321neo aircraft, which provided passengers with a better riding experience due to its excellent performance and environmental performance. Nowadays, with the number of Spring Airlines' Airbus fleet surpassing 100, Spring Airlines has been able to more fully regulate its capacity, expand its route network, and expand its market share in the medium and short haul aviation industry, playing a positive role in providing safe, punctual, high-quality, and affordable air travel services for more passengers. |
| Headquarter | Shanghai |
| Establish Date | 11/1/2004 |
| Listed Code | 601021.SH |
| Listed Date | 1/21/2015 |
| Chairman | Wang Yu. |
| CEO | Wang Zhijie. |
| Website | www.ch.com |
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