China Express Airlines Co. Ltd. (002928)
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China Express Airlines Co. Ltd. Profile
| Passenger Airlines Industry | Industrials Sector | Mr. Longjiang Wu CEO | XSHE Exchange | CNE1000033L8 ISIN |
| CN Country | 5,712 Employees | 15 Jul 2021 Last Dividend | 22 Apr 2019 Last Split | - IPO Date |
Overview
China Express Airlines Co., LTD is a prominent player in the aviation industry of China, specializing in both air passenger and cargo transportation services. Since its inception in 2006, the company has established itself as a key domestic airline with operational bases spread across significant locations in China including Guiyang, Chongqing, Dalian, Hohhot, Xi'an, and Korla. The airline operates around 140 routes, encompassing 139 domestic routes and one international route, covering approximately 104 destinations. Headquartered in Chongqing, China, China Express Airlines has diversified its business operations beyond air transportation to include various other sectors related to aviation and beyond.
Products and Services
- Air Transportation
- Aviation Training and Education
- Transportation Equipment Manufacturing
- Multimodal Transport and Freight Forwarding
- Aircraft Maintenance and Sale
- Trading, Retail, and Wholesale
- Equipment Leasing
- Software and Information Technology Services
- Business Services
Being the core of its business, China Express Airlines provides comprehensive air passenger and cargo transportation services. The airline's extensive network, with about 140 routes, facilitates connectivity across 104 destinations, leveraging its operation bases strategically located within China.
China Express Airlines invests in the training and education of its flight personnel, maintenance personnel, flight attendants, and other aviation-related staff. This ensures high standards of safety and service within its operations, contributing to the airline’s reputation for quality.
The company extends its expertise to manufacturing in the transportation sector, specifically focusing on railway, ship, aerospace, and other transportation equipment. This diversification indicates its strategic move towards a broader involvement within the transportation and aerospace industries.
Offering services beyond air transportation, China Express Airlines is also engaged in multimodal transport and freight forwarding. This allows the company to offer more comprehensive logistics solutions, enhancing its value proposition to business customers.
The company doesn’t just operate aircraft; it also engages in the research, development, production, and sale of aircraft repair services. This aspect of the business supports its own fleet's maintenance needs as well as the needs of other operators in the aviation industry.
China Express Airlines has also ventured into the trading, retail, and wholesale businesses. This segment includes the sale of aviation and non-aviation related products, demonstrating its capabilities in commerce and distribution.
The airline offers leasing options, providing other entities the opportunity to leverage its aviation and transportation equipment. This service adds another dimension to its revenue streams, showcasing operational flexibility.
Understanding the importance of technology in today’s business environment, China Express Airlines provides software and IT services. This aligns with its approach to embrace digital transformation within its operations and services offered.
Furthermore, the company extends its offerings to encompass various business services, possibly including consultancy, operational support, and other value-added services. This broadens its engagement with clients beyond traditional airline services.
