CHINA: Sichuan readies Northeast Air for launch

Northeast Airlines, the new regional airline that Sichuan Airlines plans to launch in the first half of next year, has received an operating license from the Civil Aviation Administration of China (CAAC). According to a CAAC statement, Sichuan will hold a 33.5 per cent stake in the startup with an investment of RMB53.6 million (US$7.1 […]


Northeast Airlines, the new regional airline that Sichuan Airlines plans to launch in the first half of next year, has received an operating license from the Civil Aviation Administration of China (CAAC).

According to a CAAC statement, Sichuan will hold a 33.5 per cent stake in the startup with an investment of RMB53.6 million (US$7.1 million), while Shenyang Zhongrui Investment Co. put in RMB54.4 million for 34 per cent stake, along with other investors.

Northeast will initially lease one A319 and two ERJ-145s to operate regional routes in northeast China. It will have bases in Shenyang and Chaoyang and also serve Dalian, Dandong and Jinzhou.