Air China to launch carrier in Inner Mongolia

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Published: August 1, 2012

The Civil Aviation Administration of China (CAAC) has approved Air China’s application to set up a subsidiary carrier based in Inner Mongolia.

The carrier, a joint venture between Air China and Inner Mongolia State Assets Operation, will be based at Hohhot Baita International Airport.

Air China will pump in yuan (CNY) 800 million ($ 125 million) into the firm, taking an 80% stake, while the latter will invest CNY200 million and hold the remaining 20% stake.

The carrier, licensed to offer both domestic and cargo services, will operate a fleet of Boeing 737-300s or 737-700s, says CAAC.

Air China will also provide key personnel to launch operations.

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