Kunming, China-based Ruili Airlines has moved one step closer towards launching operations after being granted an operating license by the Civil Aviation Administration of China (CAAC). Ruili is wholly-owned by Yunnan Jingcheng Group and has a registered capital of CNY600 million ($96.8 million). It is expected to operate three Boeing 737s initially and plans to expand its fleet to 45 aircraft by 2020. In August Ruili ordered 18 Boeing 737 series aircraft. The order comprised eight -700s and ...

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