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Order HereChina Eastern Airlines’ (CEA) wholly owned subsidiary China United Airlines (CUA) is expected to formally adopt a low-cost carrier (LCC) business model March 29.
The Beijing-based LCC said it will offer promotional airfares for as low as CNY8 ($1.30).
China Eastern CEO Ma Xulun said CUA’s airfares would be an average of 20% lower than that of traditional network carriers. It will also provide no-frills service, which means it would charge for inflight food, checked luggage and seat choice, according to a statement. In addition, it would not offer compensation for flight delays and cancellations.
In July 2014, CEA announced it had transformed China United Airlines into an LCC. It operates a single fleet of 31 Boeing 737 aircraft in an all-economy class configuration.
“Low-cost carriers’ growth has gained momentum around the world in recent years. Currently LCCs account for 26% of shares in terms of passenger boardings in global market on average and they even take up more than 40% shares of Europe’s market, which is much higher than a 7% share in China’s market. So there is big growth potential for China’s LCC market,” Ma said.
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Order HereChina Eastern Airlines’ (CEA) wholly owned subsidiary China United Airlines (CUA) is expected to formally adopt a low-cost carrier (LCC) business model March 29.
The Beijing-based LCC said it will offer promotional airfares for as low as CNY8 ($1.30).
China Eastern CEO Ma Xulun said CUA’s airfares would be an average of 20% lower than that of traditional network carriers. It will also provide no-frills service, which means it would charge for inflight food, checked luggage and seat choice, according to a statement. In addition, it would not offer compensation for flight delays and cancellations.
In July 2014, CEA announced it had transformed China United Airlines into an LCC. It operates a single fleet of 31 Boeing 737 aircraft in an all-economy class configuration.
“Low-cost carriers’ growth has gained momentum around the world in recent years. Currently LCCs account for 26% of shares in terms of passenger boardings in global market on average and they even take up more than 40% shares of Europe’s market, which is much higher than a 7% share in China’s market. So there is big growth potential for China’s LCC market,” Ma said.
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.
970x250 - Melbourne - Desktop Sample
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Order HereChina Eastern Airlines’ (CEA) wholly owned subsidiary China United Airlines (CUA) is expected to formally adopt a low-cost carrier (LCC) business model March 29.
The Beijing-based LCC said it will offer promotional airfares for as low as CNY8 ($1.30).
China Eastern CEO Ma Xulun said CUA’s airfares would be an average of 20% lower than that of traditional network carriers. It will also provide no-frills service, which means it would charge for inflight food, checked luggage and seat choice, according to a statement. In addition, it would not offer compensation for flight delays and cancellations.
In July 2014, CEA announced it had transformed China United Airlines into an LCC. It operates a single fleet of 31 Boeing 737 aircraft in an all-economy class configuration.
“Low-cost carriers’ growth has gained momentum around the world in recent years. Currently LCCs account for 26% of shares in terms of passenger boardings in global market on average and they even take up more than 40% shares of Europe’s market, which is much higher than a 7% share in China’s market. So there is big growth potential for China’s LCC market,” Ma said.
The information on this page may have been provided by a contributor and no guarantees can be made about the accuracy of any content. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting the same for publication. AIRLINE PARTNERSHIP disclaims all liability arising from the publication of content received from contributors. Please refer to our Disclaimer for more details.