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Lucky Air

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Lucky Air

IATA Code
8L
ICAO Code
LKE
Website
http://www.luckyair.net
Main hub
Kunming Airport
Country
China
Business model
Low Cost Carrier
Codeshare Partners
China West Air
Hainan Airlines

Established in 2004, Lucky Air is a Chinese airline based in Kunming, Yunnan. The carrier, in  Hainan Airlines has a 40% stake, operates scheduled domestic service from its main base at Dali Airport.

Location of Lucky Air main hub (Kunming Airport)

Source: CAPA - Centre for Aviation and Google Maps


 
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39 total articles

6,131 total articles

Chinese airline fleet to DOUBLE to 5,000 by 2015 - CAAC

22-Nov-10 2:41 PM

The CAAC has come out with an extraordinary prediction this month: Chinese airlines will nearly double their fleet size to as many as 5,000 aircraft by 2015. In the shadows of a major international air show on home soil, one might expect some bullish sentiment from the hosts. But the comment, by CAAC Head Li Jiaxiang, that the nation's domestic carriers will have an expected combined fleet of 4,800-5,000 aircraft in just five years (from 2,600 at present) is a breathtaking assessment. Even if it's only 50% accurate, aircraft manufacturers big and small are in for a bonanza.

Chinese airline consolidation: Second tier airlines in the sights of the 'Big Four'

29-Oct-10 4:57 PM

China’s fragmented airline industry is undergoing a shakeup. Merger and acquisition activity is intense – probably more so than any other aviation market in the world. In the space of a few short years, the majority of China’s second tier airlines have, at least partially, become owned or controlled by one of the "Big Three" carriers and/or HNA Group, as consolidation accelerates in China. In this report, CAPA reviews what’s fuelling the feeding frenzy and who the targets are.

Consolidation and high-speed rail squeezing out China’s second-tier carriers?

28-Jun-10 3:17 PM

China’s second-tier carriers are hard at work at present, rapidly expanding their domestic and (in some cases) international route networks. However, the vast majority of these airlines are now doing so under the control of the "Big Three" carriers and/or HNA Group, as consolidation accelerates in China. As such, China’s airline evolution is at a very interesting stage. Where previously the major airlines: 1) established considerable branch carrier networks to serve diverse geographic areas in China; and 2) eliminated brands of the acquired airlines, they now appear to be looking more strategically at segmenting the market, retaining the second-tier carrier brands, particularly those focused on tourism/leisure markets.

China’s second tier airports: It’s where the action is!

25-Jun-10 1:59 PM

China’s 'big three' airports - Beijing, Guangzhou and Shanghai - may be exhibiting a strong rebound in demand, but some truly breathtaking activity is occurring at China’s second tier airports. Growth rates of 25% and above are commonplace, as are extensive upgrade and expansion projects to keep up with galloping demand. A battle is meanwhile unfolding between airports in Western China for the mantle of that region’s pre-eminent hub, while airlines are adjusting their strategies for serving China’s burgeoning second-tier airport network in the face of rising competition from high speed rail.

LCCs in Japan, Korea and China. Massive growth potential to be realised in the next decade

27-Nov-09 11:30 AM

The second decade of the 21st century will see low cost airlines arrive on a massive scale in North Asia. The region has not seen significant low cost airline entry to date – one of the few parts of the world to have missed the phenomenon. It is a major anomaly in this respect, because the geography, economy and demography of the three neighbouring countries of Japan, South Korea and China offer near-ideal conditions for LCC growth.

Spring CEO, Wang Zhenghua Spring Airlines defers IPO by at least one year

28-May-09 1:25 PM

Spring Airlines, China’s only LCC, announced plans to postpone an IPO for at least one year, as equity markets remain volatile amid the global economic downturn and passenger traffic remains sluggish. Chairman, Wang Zhenghua, revealed the proposed Shanghai and Hong Kong share sale, aimed at raising USD146 million, would be revisited in Sep-2010. Spring’s plans for an IPO have been delayed several times from late 2008 to Oct-2009 and Dec-2009.

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