Sichuan Airlines to continue impressive growth trajectory supported by A320 and C919 acquisitions
Chengdu-based Sichuan Airlines, China’s seventh largest airline, like many of its ambitious peers, will continue its impressive growth trajectory in the coming years. It plans to expand its fleet to 100 aircraft and grow its assets and revenues to CNY10 billion (USD1.57 billion) by the end of 2015.
Sichuan Airlines, an affiliate of China Southern Airlines, is adding 13 Airbus aircraft in 2011, and has 18 more A320s scheduled for delivery from Airbus through 2014. The carrier also signed a purchase agreement with Airbus for eight additional aircraft, comprising two A319s, four A320s and two A321s on 29-Nov-2011, adding to its fleet total. Four aircraft will be delivered in 2014 and the remaining four will be delivered in 2015, according to Carnoc reports. [1104 words]
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