Spring Airlines Co., founded by billionaire Wang Zhenghua, said it plans to become the first low-cost carrier to fly to North Korea.

The carrier has applied for a permit to fly to the North Korean capital from Shanghai four times a week, Spring Air Social Marketing Director Jonathan Hutt said at an aviation conference in Singapore Tuesday. The company is aiming for flights to Pyongyang to begin in February, he said.

If approved, the flights would help Asia’s largest budget airline by market value become the first Chinese carrier to fly to Pyongyang from Shanghai. Currently, Air China Ltd. offers flights to the North Korean capital from Beijing.

–With assistance from Clement Tan.

This article was written by Kyunghee Park from Bloomberg and was legally licensed through the NewsCred publisher network.

Tags: low-cost carriers, north korea

Photo credit: A Spring Air plane approaching landing. Kentaro IEMOTO / Flickr