Spring Airlines is a budget airline with its headquarters in the Homeyo Hotel (航友宾馆 Hángyǒu Bīnguǎn) in Changning District, Shanghai, China. While the company adopted the English name “Spring Airlines”, the Chinese characters literally mean “Spring and Autumn Airlines”. Spring Airlines is the aviation subsidiary of Shanghai Spring International Travel Service. It is China’s only no frills airline. Spring Airlines reported a net profit of 470 million yuan ($71.2 million) in 2010.
