China gives initial approval for two more private airlines

0 Comments | AFP, June, 2004

BEIJING, (AFP) — China has approved preparations for the establishment of two private airlines that hope to offer chartered passenger and cargo flights out of the eastern municipalities of Shanghai and Tianjin.

The Civil Aviation Authority of China (CAAC) has given the green light for the establishment of Shanghai-based Spring and Autumn Airlines and the Tianjin-based Aokai Airlines, the China Business Daily reports.

Both companies are expected to finalize the make up of their companies within two years, when they will be able to seek final approval for operations, the newspaper said.

The application to set up Spring and Autumn Airlines was made by the Spring and Autumn International Tourist Agency and the Spring and Autumn Charter Tourist Agency Ltd, it...