Date
20 October 2017

Juneyao Airlines plots course for new budget airline, paper says

Shanghai-based Juneyao Airlines Co., Ltd. has applied to the Civil Aviation Administration of China to set up a new low-cost airline, China Business News reported Monday, citing the carrier’s chief executive Wang Junjin as saying. According to Wang, Juneyao will own at least 70 percent of the proposed budget airline, with the rest held by non-aviation private companies. The no-frills airline will operate as an independent brand and be registered in Guangzhou, eyeing the mass labour and tourist market in the Pearl River Delta region, the report said.

– Contact HKEJ at [email protected]

EL/AC/SK

 

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