Deer Air, a subsidiary of Chinese carrier Hainan Airlines, has been renamed Capital Airlines following investment from HNA Group and Beijing Tourism Group. With a registered capital of CNY1.5 billion ($220 million), 70% from HNA and 30% from BTG, the airline currently has 25 Airbus aircraft operating on more than 120 routes, with bases in Beijing, Guangzhou, Xi'an and Sanya. It will operate international and domestic business tourism charter flights, business jet rentals and medical ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.