Extra funds planned for Juneyao Airlines

Guest Writer

Chinese private carrier, Juneyao Airlines, will receive a CNY200 million (US$29.3 million) injection of funds from its parent company, Juneyao Group. According to a Centre for Asia Pacific Aviation report, citing the airline’s Chairman, Wang Junjin, the funds will be used to help the carrier’s expansion, including the purchase of 10 new Airbus A320 aircraft.

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