Sichuan Airlines preparing to launch own regional carrier

Dongbei Air, the new regional that Sichuan Airlines plans to launch in the first half of next year, is expected to receive CAAC approval soon. According to a CAAC statement, Sichuan will hold a 33.5% stake in the startup with an investment of CNY53.6 million ($7.1 million), while Shenyang Zhongrui...

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