Juneyao Air aims to double fleet as Disney lands in Shanghai

Juneyao Airlines aims to double its fleet by 2020, expecting the mid-year opening of Disney’s Shanghai park and more tourist travel to further drive flight demand as the privately run carrier considers joining a global alliance. “The potential for growth is huge,” company chairman Wang Junjin said Sunday. The carrier, which Wang says has been China’s most punctual since November, expects to grow its fleet to 100 from the current 50. The airline” has been in talks with alliances without a presence in Shanghai and will make a decision whether to join one by the end of this year, he added. As China rebalances its economy toward consumer spending after annual expansion slowed, the govt is building scores of airports to facilitate growing air travel demand as the middle class expands. <br/>