Business Jet Airline Seeks To Soar High
By Wang Weini |
April 13, 2011, Wednesday
|
Print Edition
Print Edition
CHINA'S civil aviation regulator has granted an operational license to Beijing Airlines, a business jet joint venture by Air China and the Beijing government, to tap business in the booming high-end travel market.
The carrier, with a registered capital of 1 billion yuan (US$152 million), will cater to high-end clients such as political officials, business leaders and celebrities. It will also engage in the business jet service, aircraft management, aircraft charter and ground handling services.
Air China holds 80 percent of the airline and the Beijing government takes the balance, said Kong Dong, chairman of Beijing-based Air China.
Beijing Airlines will enhance Air China's presence in the high-end market but faces competition from HNA Group, which formed Capital Airlines last year with the Beijing Tourism Group.
The carrier, with a registered capital of 1 billion yuan (US$152 million), will cater to high-end clients such as political officials, business leaders and celebrities. It will also engage in the business jet service, aircraft management, aircraft charter and ground handling services.
Air China holds 80 percent of the airline and the Beijing government takes the balance, said Kong Dong, chairman of Beijing-based Air China.
Beijing Airlines will enhance Air China's presence in the high-end market but faces competition from HNA Group, which formed Capital Airlines last year with the Beijing Tourism Group.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
