The General Administration of Civil Aviation of China (CAAC), the country's aviation regulator, said it plans to approve two new carriers -- Northeastern Airlines Co Ltd and Data Qili Airlines Co Ltd.
The regulator said in a statement on its website that Northeastern Airlines, which will be based in the northeastern province of Liaoning, has registered capital of 151.27 mln yuan. Local government-owned Liaoning Huanjiang Industrial Co Ltd will be its major investor.
Northeastern will operate cargo and passenger services on domestic routes with three aircraft, said CAAC.
Forbes Article
The regulator said in a statement on its website that Northeastern Airlines, which will be based in the northeastern province of Liaoning, has registered capital of 151.27 mln yuan. Local government-owned Liaoning Huanjiang Industrial Co Ltd will be its major investor.
Northeastern will operate cargo and passenger services on domestic routes with three aircraft, said CAAC.
Forbes Article
