Jiangxi Airlines launches inaugural flight

Jiangxi Airlines, the Xiamen Airlines and Jiangxi provincial govt joint venture, launched its inaugural flight on the Nanchang-Xi’an-Urumqi route Jan 29. Jiangxi Airlines has a registered capital of CNY2b (US$325m). Xiamen holds a 60% stake and Jiangxi Aviation Investment Co., holds a 40% stake with a CNY800m investment. The carrier operates 2 aircraft and will take delivery of a third at the end of March. It plans to expand its fleet to 5 aircraft at the end of 2016, and by 2020 plans to increase its fleet to 20 aircraft and transport 5.5m passengers. Jiangxi is expected to open more routes from Nanchang to Beijing, Shanghai, Guangzhou Shenzhen, Xi’an, Urumqi, Haikou, Chongqing, Guiyang, Xiamen, Chengdu and Kunming. It also plans to add more international routes to Singapore, Malaysia, Thailand, Japan and Korea. <br/>
ATW
http://atwonline.com/airports-routes/jiangxi-airlines-launches-inaugural-flight
2/1/16