Xiamen University

Xiamen Airlines gets greenlight to launch Jiangxi Airlines

Jiangxi Airlines (Nanchang) has been given an initial go-ahead by the Civil Aviation Administration of China (CAAC) to commence scheduled operations later this year. Last month, general manager, Wu Xiangyang pointed to a June 18 launch date with its initial network to include Beijing Capital, Chengdu, Guangzhou, Shanghai Pudong, and Shenzhen. Flights will be onboard a fleet of five B737NextGens sourced from parent, Xiamen Airlines (MF, Xiamen). Overall, Xiamen Airlines will invest CNY1200 million (USD187.5 million) for a 60% stake in the start-up while the Jiangxi

Xiamen Airlines to launch Jiangxi Airlines next June

China’s Xiamen Airlines plans to launch Jiangxi Airlines in conjunction with the Jiangxi provincial government in June 2015 as it accelerates its domestic expansion pace.   On Aug. 13, Xiamen Airlines and Jiangxi Province signed a memorandum of understanding (MOU) in Nanchang, capital of Jiangxi province, jointly investing and establishing the first local carrier in Jiangxi together with Jiangxi Airlines Investment Co., Ltd. According to the agreement, the start-up carrier Jiangxi Airlines Co., Ltd. was set up with a registered capital of 2 billion yuan, of