Chinese City To Take Stake In Privately Held Ruili Airlines

Ruili Airlines 737-700 taking off
Credit: Rob Finlayson
BEIJING—A city government in eastern China will take a stake in privately held Ruili Airlines, extending a trend toward growing state ownership in the country’s commercial aviation sector. The city, Wuxi, will take 51% of six-year old Ruili Airlines, an industry source who is familiar with the deal...
Bradley Perrett

Bradley Perrett covered China, Japan, South Korea and Australia. He is a Mandarin-speaking Australian.

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Chinese City To Take Stake In Privately Held Ruili Airlines is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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