Shareholders have registered a company intended to be a regional airline in the central Chinese province of Hubei. The company, Xiangyang Airlines, said it will begin operation in 2018 with two Aviation Industry Corp. of China (AVIC) MA60 turboprop airliners, and will have 30 aircraft within five years. So many aircraft would be useful for taking advantage of capacity at the expanding airport in the company’s home city, Xiangyang, but new Chinese airlines often fail to achieve the ...

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