Air China (CA) has launched Beijing Airlines after a one-year trial operation to enhance its position in the fast-growing domestic business aviation market (ATW Daily News, March 4, 2011). The new venture received its operating certificate from the Civil Aviation Administration of China (CAAC) in April 2011 and started trial operations the following July with a registered capital of CNY1 billion ($157.4 million). CA holds a 51% stake, Beijing Enterprises Group Co. and Beijing ...

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