The Civil Aviation Administration of China confirmed Wednesday that privately funded Ruili Airlines is in the advanced stages of applying for a public aviation transport license, Beijing Business Today reported Thursday, with unnamed Ruili sources saying the first flights could take off in February or March. The passenger airline has 600 million yuan (US$99.151 million) in registered capital and is entirely funded in cash by Yunnan Jingcheng Group Co., Ltd. The National Development and Reform Commission has given Ruili the go-ahead to buy two Boeing 737-700 aircraft and a Boeing 737-800 plane. Ruili employs 17 pilots as well as maintenance staff and flight attendants, the report said.
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