Spring Airlines To Issue Shares To Buy Nine A320s 

A320
Credit: Spring Airlines
Aiming to meet its long-term expansion plans, Spring Airlines is looking to buy nine Airbus A320s and a flight simulator. In a stock exchange filing, the Chinese LCC said it was looking to raise CNY3.5 billion ($547 million) through a share issuance. CNY2.44 billion of the proceeds will be used to...

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