综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Singaporian, Chinese firms to launch joint budget airline
(Xinhua)
Updated: 2004-09-14 21:49

A-Sonic Aerospace, a Singapore-based aircraft and avionics retro-fitting company, has agreed to join hands with two Chinese companies to launch a budget airline in China.

The Singapore company will invest about 5.4 million Singapore dollars (about US$3.19 million) in cash for a 25-percent stake in the joint venture, which will be based in Guangzhou, capital of the southern Chinese province of Guangdong, according to local press reports on Tuesday.

The new venture, which is expected to start operation in the second half of next year, will enable A-Sonic to have exclusive rights to the repair and overhaul, management services and fleet maintenance of the carrier's fleet.

The Singapore company, Guangdong China Travel Service and China Xpress are now applying for an air operator's license from Chinese aviation regulators.

A-Sonic said it will focus on China's domestic market before going regional.

Close

Today's Top News     Top China News
Three Gorges Dam protected by armed troops         Premier: Economic cool-down policy pays off         Floods threaten Silk Road grottoes         Consumer prices rise 5.3% in August         Baghdad police station blast kills 35         Tropical storm Haima sweeps over Wenzhou	Premier: Economic cool-down policy pays off       Three Gorges Dam protected by armed troops       Drivers in the hot seat with new rules       Floods threaten Silk Road grottoes       Newly elected LegCo means a stable HK       Police probe kindergarten attack motive