China Southern’s Henan Airlines subsidiary has begun formal operations. The Zhengzhou-based carrier, which was launched in September 2013, has been established from assets of China Southern Henan Branch Co., which dominates the Henan market with more than a 50% market share. Henan Airlines has registered capital of CNY6 billion ($97 million), including an investment of CNY3.6 billion by China Southern, giving it a 60% stake. Henan Civil Aviation Development & Investment Co., which ...

Subscribe to Access this Entire Article

"China Southern’s Henan Airlines subsidiary begins formal operations" 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.

Already registered? here.