Spring Airlines

Low-cost airline Spring Airlines Co., Ltd. is based in Shanghai's Changning District at the Homeyo Hotel. The Chinese name of the corporation, which was eventually accepted, properly translates to "Spring Autumn Airlines," despite the English name "Spring Airlines" being used for the business. On July 29, 2010, Spring Airlines opened a service between Shanghai, the airline's home city, and Ibaraki Airport in Japan, which is located around 80 kilometers northeast of Tokyo.

The airline successfully launched its inaugural trip from Shanghai to Hong Kong two months later, on September 28, with nearly all available seats filled. On April 8, 2011, Spring began operating daily flights from Shanghai to Macau, with further overseas destinations to come in the second half of 2011. The business has been listed on the Shanghai Stock Exchange since January 2015.

The first Chinese airline to do so is Spring Airlines, which also has a subsidiary operating in Japan. Shanghai Spring International Travel Service's aviation division is called Spring Airlines. In 2016, 950 million yuan ($143 million) in net profit was disclosed.

Spring Airlines' market valuation as of March 2023 is $8.47 billion. By market capitalization, Spring Airlines is now the 1623rd most valuable corporation in the world. The most recent financial reports for Spring Airlines indicate that the company's current revenue (TTM) is $1.32 billion. The company generated $1.67 billion in revenue in 2021, a rise from $1.36 billion in revenue in 2020.

Founded: 26 May 2004
Headquarters: Shanghai, China
Website: https://www.ch.com/