Longjiang Airlines Auctioned Off Online In First For China

Longjiang
Longjiang Airlines Airbus A320.
Credit: Heilongjiang government
China’s first online auction of an airline has seen 98% of Longjiang Airlines sell for CNY805.7 million ($118 million). The event attracted 40,000 onlookers and two registered bidders. After 91 bids, Beijing Shengda Gold Industry Investment Consulting won out. Privately owned Longjiang was listed on...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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