CAAC states 62% of airports reported losses in 2010
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Spring Airlines seeks to redefine itself in a more crowded Chinese LCC market
The company folklore of the Chinese low cost carrier Spring Airlines has become entrenched in aviation history, with photos of Spring staff on duty trips sharing hotel rooms while eating instant noodles.
For the Chinese market this thriftiness, and regular candid interviews with billionaire founder Wang Zhenghua, became synonymous with the growing number of budget flights on Spring Airlines. The public became educated about China's only notable LCC, which was markedly different from the cookie cutter format of full service domestic airlines.
But the spectrum of airlines in China is widening and Spring, now under the leadership of Stephen Wang, needs to reassert its position in the Chinese market.
Mr Wang addressed CAPA's Americas Aviation Summit in Orlando in Apr-2017. There are new LCCs and airlines transitioning to LCCs with different service levels, making Spring wonder if it should be an "ULCC". The reality of a government orchestrated market means Spring needs to consider widebody operations for domestic trunk routes, and possible long haul flying. Spring also needs to diversify its presence: its home hub of Shanghai is high yielding but this has invited envy, and an aviation hub overhaul could mean that LCCs are moved to a new and remote third airport in Shanghai.
Airport investment, politics, airline relations: CAPA Airport Leaders Forum, Dubai, 16/17 May
Airport investment, the global geopolitical environment, airline inflight retailing and how it will affect airport retail, what do airlines want from airports, designing an aerotropolis, all of these are in the mix as the airline world rapidly changes.
Two big issues are how the policies of US President Donald Trump and the British decision to leave the European Union will affect the aviation world generally. These are already having a global impact – as already demonstrated by President Trump’s twice attempted immigrant ban and the restrictions on the carrying of laptop computers in airline cabins.
These issues will come under the spotlight at the CAPA Global Airport Leaders Forum, to be held on 16/17- May-2017 in Dubai, as an adjunct to the Dubai Airport Show 2017 (http://www.theairportshow.com/). The Airport Show is the leading B2B platform for companies to showcase airport and aviation related products and services, and is expected to attract over 300 companies and 7,500 professionals this year.