Katie Cantle

China’s aero-engine group begins formal operations 
China’s state-owned aero-engine group has started formal operations in an effort to develop domestic, high-tech businesses to compete in international markets. The new entity—China Aviation Engine Group—has a registered capital of CNY50 billion ($7.62 billion).
Spring Airlines Airbus A320
Spring Airlines to raise 4 billion yuan for fleet expansion 
Shanghai-based Spring Airlines plans to circulate up to 91.5122 million shares of its stock at 43.71 yuan ($6.55) per share, to no more than 10 specified investors.
Xiamen Boeing 787-8
Xiamen Airlines to open Fuzhou–New York route 
The Xiamen, China-based carrier is scheduled to launch a new route from Fuzhou, China, to New York on Feb. 15, 2017.
Hunan-based regional airline to enter Chinese airspace 
According to Liu Zhiren, general manager of the Hunan Airport Management Group, the new carrier will be named Zhongnan Airlines and will begin with registered capital of 1 billion yuan ($151 million).
Air Koryo Tu-204
China to limit North Korea’s Air Koryo operations 
The Civil Aviation Administration of China (CAAC) will limit operations of North Korea’s state-owned flag carrier Air Koryo in China after its Russian-built Tu-204 aircraft made an emergency landing in Shenyang because of smoke in the cabin last month.
China to raise standards for new airline entrants 
The Civil Aviation Administration of China (CAAC) is expected to raise the bar on approving new entrants in the domestic airline industry in light of market saturation and possible excessive competition.
Spring Airlines A320
China’s Spring Airlines to expand fleet by 2018 
Shanghai-based low-cost carrier (LCC) Spring Airlines plans to expand its fleet to 100 aircraft by 2018 to meet growing market demand, according to chairman Wang Zhenghua.
Hainan Airlines A330-200
Hainan Airlines acquires 23.7% stake in Brazil’s Azul 
HNA Group subsidiary Hainan Airlines has completed a deal for a 23.7% stake in Brazil’s Azul Airlines, with a $450 million investment.
Juneyao Airlines A320
Juneyao Airlines expected to join Star Alliance as connecting partner 
Shanghai-based Juneyao Airlines is expected to join Star Alliance’s Connecting Partner Model (CPM) program in an effort to facilitate its rapid international expansion, according to an industry insider.
China Eastern, China Southern to move to Beijing New Airport 
China Eastern and China Southern Airlines, along with other SkyTeam member carriers, plan to move to Beijing New Airport when it opens in 2019, according to the CAAC.
HNA Group ups stake in Gategroup to 96.1% 
China’s HNA Group subsidiary HNA Aviation Air Catering has increased its stake in Swiss airline catering and logistics services company Gategroup from 61.7% to 96.1% as it steps up its international pace.
Xiamen Airlines orders six Boeing 787-9s 
China Southern subsidiary Xiamen Airlines has ordered six Boeing 787-9s, in a deal worth $1.4 billion at list prices.
Lucky Air
HNA Group’s Lucky Air to open intercontinental routes 
China’s HNA Group subsidiary Lucky Air is applying to the CAAC to open intercontinental routes because of the explosive growth in outbound travel.
China's Tianjin Airlines to expand long-haul fleet 
China’s HNA Group subsidiary Tianjin Airlines plans to expand its long-haul Airbus A330 fleet to 10 aircraft as it accelerates its international expansion pace.
Hainan Airlines to increase stake in Yangtze River Airlines 
Hainan Airlines is expected to raise its stake in Shanghai-based Yangtze River Airlines from 0.37% to 11.6% with an investment of CNY915.2 million ($136.8 million) to enhance its position in Shanghai and the East China market.
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