Xiamen Air in deal to create new Jiangxi Airlines

Fast-expanding Chinese carrier, Xiamen Airlines, which recently took delivery of its first B787 Dreamliner aircraft, has reached a deal with the provincial government of Jiangxi to jointly establish Jiangxi Airlines, which will be based at Nanchang’s Changbei International Airport.


Xiamen Air in deal to create new Jiangxi Airlines


Fast-expanding Chinese carrier, Xiamen Airlines, which recently took delivery of its first B787 Dreamliner aircraft, has reached a deal with the provincial government of Jiangxi to jointly establish Jiangxi Airlines, which will be based at Nanchang’s Changbei International Airport. According to the bilateral agreement, Xiamen Airlines will invest approximately CNY1.2 billion (US$195 million) in Jiangxi Airlines, for a 60 per cent stake in the carrier.

Expected to launch in June 2015, the new Jiangxi Airlines will commence operations with five B737 aircraft sourced from Xiamen’s 100-strong aircraft fleet, before expanding its fleet to 30 aircraft by 2020. Initially the new carrier will connect Jiangxi’s capital Nanchang with major Chinese cities including Beijing, Shanghai, Guangzhou, Shenzhen and Chengdu, but also has international ambitions with possible services to Singapore, Thailand, Malaysia, Japan and South Korea.

The move marks the latest stage of expansion for Xiamen Airlines, which is planning to expand its fleet to 150 aircraft and launch long-haul flights to Europe, Australia and the US in the coming years.

Xiamen Airlines, which is based in the southeastern province of Fujian, is planning to use the new aircraft to launch its first ever long-haul services to Europe, North America and Australia. “We are excited to receive our first 787 Dreamliner which is also the first wide-body airplane of our all-Boeing fleet,” said Che Shanglun, president & chairman of Xiamen Airlines.