The Civil Aviation Administration of China (CAAC) has approved Air China’s application to establish a subsidiary in northeast China. The airline will hold 80% Dalian Air, capitalised at 1 billion yuan ($155 million), with a unit of the Dalian city government holding the remainder. ...
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Flydeal to boost fleet to 50 aircraft by 2020
By
Dino D'Amore
26th April 2016