China Eastern Airlines A319. Photo: Courtesy, Airbus. China Eastern Airlines formally launched China Eastern Yunnan Co., a joint venture airline set up with the Yunnan provincial government based on assets of CEA's previous branch company in Yunnan. The move aims to enhance Kunming as a CEA regional hub. The JV airline has a registered capital of CNY3.66 billion ($570 million), in which Shanghai-based CEA holds a 68% stake with an investment of CNY2.38 billion. CEA unveiled the ...

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