AVIC I plans to partner with a strategic investor and launch a new regional airline by year end, MD Lin Zuoming announced yesterday. "We will maintain controlling stake in the new regional entity while opening the door to airlines or an international investment bank as our strategic investor," he said, noting that AVIC I already has discussed its plans with CAAC. At last year's Zhuhai Air Show, Vice MD Gu Huizhong revealed that the new carrier will have registered capital of more than CNY80 ...

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