China's Joy Air to Launch New Regional Airline
Addtime：2015-12-28 09:46

The new airline named Joy Luzhou Air will be China's first carrier to be based at a regional airport. With the launch of the new regional carrier, Joy Air is expanding its presence in southwest China's regional aviation market.

Luzhou, known as the "wine city", is situated at the confluence of the Tuo River and the Yangtze River. It is an important transportation hub in the Yangtze River economic belt. Luzhou Airport, the third largest airport in Sichuan, currently operates 16 domestic routes and is expected to serve 845 thousand passengers by the end of this year.

According to Luzhou Airport, the new regional airline will have a registered capital of 1 billion yuan, with 700 million yuan to be invested by Joy Air Holdings Limited and the rest 300 million yuan to be contributed by two state-owned assets investment companies in Luzhou and Jiangyang district.

The airline will mainly operate home-made regional aircraft - MA600 and MA700, and introduce some medium- and large-sized airplanes at the same time. The airline is committed to building Luzhou airport into a regional aviation hub in southeast China.

Joy Luzhou Air is expected to commence operations by the end of 2016. It plans to operate a fleet of 20 aircraft by 2020, and launch more than 10 regional routes from Luzhou to its neighboring cities, with plans to launch some trunk routes, as well as international tourist routes from Luzhou to Southeast Asian countries.

The airline is expected to operate a fleet of 40 aircraft in the long term.


Source: By Joy Wong, China Aviation Daily | Dec. 24, 2015

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