A319. Photo: Courtesy, Airbus. Tibet Air is scheduled to start formal operations in July, according to CAAC, which will soon grant an operating certificate to the Lhasa-based carrier. Tibet Air was established as a company in May 2010 and, when it begins flying, will be the only Lhasa-based airline in China. The company has a registered capital of CNY280 million ($43.2 million) in which Tibet Autonomous Region Investment Co. holds a 51% stake, Tibet ...

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