Air China to launch new airline with Inner Mongolian government
Air China (CA) plans to launch a new airline with the Inner Mongolian government to expand its domestic market share, according to CA chairman Wang Changshun.
Wang said CA will be the controlling stakeholder of the new entity, which will be based on the assets of CA’s branch company in the Inner Mongolian region. The new carrier is subject to Civil Aviation Administration of China (CAAC) approval.
In recent years, China’s big three carriers—CA, China Eastern Airlines (MU) and China Southern Airlines (CZ)—have forged closer cooperative relationships with local governments.
CA has launched Dalian Airlines (ATW Daily News, Dec. 14, 2011) and Beijing Airlines (ATW Daily News, May 22) with local government support. MU received cash injections from the Yunnan (ATW Daily News, Aug. 4, 2011) and Wuhan (ATW Daily News, April 10) provincial governments to relaunch their branch companies in these two provinces. CZ is negotiating with the Henan provincial government to raise stakes in the carrier’s Henan subsidiary.
Air China (CA) plans to launch a new airline with the Inner Mongolian government to expand its domestic market share, according to CA chairman Wang Changshun.
Wang said CA will be the controlling stakeholder of the new entity, which will be based on the assets of CA’s branch company in the Inner Mongolian region. The new carrier is subject to Civil Aviation Administration of China (CAAC) approval.
In recent years, China’s big three carriers—CA, China Eastern Airlines (MU) and China Southern Airlines (CZ)—have forged closer cooperative relationships with local governments.
CA has launched Dalian Airlines (ATW Daily News, Dec. 14, 2011) and Beijing Airlines (ATW Daily News, May 22) with local government support. MU received cash injections from the Yunnan (ATW Daily News, Aug. 4, 2011) and Wuhan (ATW Daily News, April 10) provincial governments to relaunch their branch companies in these two provinces. CZ is negotiating with the Henan provincial government to raise stakes in the carrier’s Henan subsidiary.
