BEIJING—The Civil Aviation Administration of China (CAAC) has authorized HNA Group freight airline Yangtze River Express to carry passengers, creating a Shanghai passenger-operations base that should strongly bolster the airline grouping centered on Hainan Airlines. Yangtze River Express has not announced a date for beginning passenger flights, but this year is likely, since HNA Group airlines are adept at setting up new carriers, and in this case need only widen the business of one ...

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