ALLN working with strategic partners Far Eastern Air Transport Corporation and the Boeing Company acquire the newest Boeing 737 MAX to open up a new era of aviation and tourism industry.
The tourism industry is a huge industrial value chain, which includes land, sea and air transportation industries, service industry, retail industry, hotel management business, and others.
ALLN has first formed a strategic cooperation with Far Eastern Air Transport (hereafter referred to as “FAT”), which provides a broad coverage of related tourism products and service as well.
ALLN plans to use the partial proceeds by issuing and offering ALLN to build up a fleet of airplanes from Boeing, Airbus and ATR for the FAT. This is for the purpose of enhancing the ALLN’s circulation in the consumer market and achieving the goal of increasing liquidity.
The FAT intends to achieve a rapid fleet growth in the short run, and to densify the navigation network in various regions, so as to multiply its profitability.
Concurrently, the ALLN will be accepted by the travel agencies, chain business hotels in the future, which are the subsidiary companies of the FAT’s affiliate companies.
Through such an industrial chain expansion mode, the Issuer can quickly promote and facilitate the application of the ALLN in the initial offering period for the ALLN, so as to acquire a large number of transnational users.
When more consumers and shops join the business ecosphere, ALLN’s utilized value will be increased, and expect the price could increase dozens of times.