Pursuits

Spring Air’s Noodle-Eating CEO Tackles Cathay on Shanghai Route

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Spring Airlines, China’s only low- cost carrier, starts Shanghai-Hong Kong services tomorrow challenging China Eastern Airlines Corp. and Cathay Pacific Airways Ltd. on flights between the nation’s two financial hubs.

The carrier, whose executives share hotel rooms and eat instant noodles on business trips to cut costs, is offering round-trip tickets to Shanghai’s Pudong Airport from Hong Kong for as little as $117.60, including fees, on its website. That’s less than half the price charged by China Eastern and Cathay Pacific, the largest airlines in Shanghai and Hong Kong.