Low-cost airlines alliance set up
January 25, 2016 Category Travel, Weekly
U-Fly Alliance, the world’s first low-cost carrier alliance, was established by four Chinese low-cost airlines in Hong Kong. HK Express based in Hong Kong, Lucky Air from Yunnan province, Urumqi Air from Xinjiang and West Air in Chongqing are the founding members of the new alliance. The U-Fly Alliance covers 85 destinations in the Asia-Pacific region and plans to add more new members to expand its global network soon. “Thanks to the cooperation of the low-fare carriers, we are able to connect travelers from Asia and China to an ever-increasing network of cities,” said Andrew Cowen, CEO of HK Express and U-FLY Alliance. As part of the U-Fly Alliance rollout, enhanced reservations and airport procedures to facilitate streamlined transfers across airlines will be put in place. Cohen said the alliance would provide travelers with flexible and affordable routes. Low-cost carriers have already been a major driving force for the global civil aviation industry’s growth in the past 10 years, said Meng Lingru, Analyst from Shanxi Securities Co. The market prospect of low-cost carriers in China is also promising, although they only have an 8% market share in China, while it is more than 27% globally, said Meng.
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