Who does Spring Airlines belong to and where is its headquarters?

Spring Airlines Co., Ltd. is a low-cost airline exclusively operated by Chinese private capital. It is a low-cost airline started by a travel agency. Spring Airlines is one of the domestic low-cost airlines, with a net profit of more than 470 million yuan in 2011. It is headquartered in Shanghai. Spring Airlines Co., Ltd. was acquired by the then Civil Aviation Administration of China (now the Civil Aviation Administration of China of the Ministry of Transport) on May 26, 2004. After approval, preparations were started. It was founded by Chunqiu Travel Agency with a registered capital of 916.462713 million yuan. It successfully launched in about a year. The first flight took off from Shanghai Hongqiao Airport to Yantai, Shandong Province on the morning of July 18, 2005. At the beginning of its establishment, there were only three leased Airbus A320 aircraft to operate domestic air passenger and cargo transportation business and tourist passenger charter flight transportation business. Spring Airlines' average occupancy rate reached 95.4%.

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Response time: 2021-11-08. For the latest business changes, please refer to the official website of Ping An Bank.