United Eagle Airlines, one of the first private airline companies in China, has finally started to show profit after recent reforms.
In February, UE Air earned RMB2.08 million. During the peak periods of the recent Spring Festival holiday, their income increased by over 50% from the same period last year.
Local media speculate that a primary reason for UE Air's good performance was due to their code-share with Sichuan Airlines. Statistics show that in the first six days after UE Air implemented the code-share agreement with Sichuan Airlines, their seat occupancy increased by 11.26%.
A representative from UE Air also disclosed that they would retain two Airbus 320 planes in 2007 for their new lines. At present, their lines Chengdu-Nanjing, Changsha-Shijiazhuang-Hohhot and Liuzhou-Shenzhen have been approved and will be launched this month. And they are working on getting approval for lines from Chengdu to Beijing and Guangzhou.