Air China 737. Courtesy, Boeing The Civil Aviation Administration of China (CAAC) has cleared Air China (CA) to launch a subsidiary in Inner Mongolia, paving the way for the Beijing-based carrier to further expand in the North China market. According to the regulator, the new airline has a registered capital of CNY1 billion ($159 million), in which CA holds an 80% stake while the local government of Inner Mongolia holds a 20% stake. The new venture, which is expected to be based ...

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