Air China officially launched subsidiary Dalian Airlines Monday (ATW Daily News, July 6). The new venture is scheduled to start scheduled services this year. CA last year signed an agreement with the Dalian government to launch the carrier. Hainan Airlines had previously reached an accord with the local government to start a Dalian-based airline, but disagreements unraveled that deal and opened the door for CA. CA invested CNY1 billion ($156 million) in Dalian to hold an 80% stake. The ...

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