Juneyao Airline low-cost subsidiary Jiuyuan Airlines is scheduled to launch formal operations around August to explore the labor market potential in the Pearl River region, according to Juneyao Airlines chairman Wang Junjin. The Guangzhou-based LCC has a registered capital of CNY600 million ($97.2 million). Juneyao Airlines holds a 69% stake with a CNY414 million investment; Elion Resources Group and Macrolink Holding Co. holds 15% and 10% stakes (with investments of  CNY90 million and ...

Subscribe to Access this Entire Article

"Jiuyuan Airlines expects to launch formal operations in August" 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.