Hainan Airlines parent HNA Group is expected to launch a new Beijing-based carrier called Capital Air in partnership with the city government. The airline will be based on the assets of HNA's Deer Air subsidiary, which operates 18 A319s primarily on charter services. It transported 2.6 million passengers last year and has registered capital of CNY776.5 million. Beijing Capital Tourism Co. will represent the city government, although the amount of its investment remains under discussion. HNA ...

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