By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Reading: New Chinese Airline: Sanya Airlines
Share
Sign In
Notification Show More
Font ResizerAa
Font ResizerAa
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Have an existing account? Sign In
Follow US
Copyright © Travel Radar Media Ltd. 2024 | All Rights Reserved
Travel Radar - Aviation News > News > New Chinese Airline: Sanya Airlines

New Chinese Airline: Sanya Airlines

Travel Radar
Last updated: 15 June 2020 10:33
By Travel Radar Staff 2 Min Read
Share
© Flickr Commons
SHARE
Hainan Province © wikipedia

In these days of doom and gloom, when all news seems to be the bankruptcy of this carrier and fleet grounding of that, there’s news from of China that China Eastern and Juneyao are planning the creation of a new airline based in Hainan province: Sanya International Airlines.

The province, the most southerly in China—and including the disputed Spratly and Paracel islands—is designated as a free trade zone, with Hainan island itself as a free trade port. The initiative has the personal endorsement of Secretary Xi Jinping. Hainan is a booming tourism centre both for domestic and overseas tourists—akin to China’s Hawaii. The intent seems to be to create a centre with large scale economic liberalisation as a rival to Hong Kong, Singapore and to a lesser extent Shanghai. The increased economic benefit would be supported by Sanya.

Phoenix Island, Hainan ©Caixin Global

The proposed airline will have initial registered capital of between three and six billion yuan ($420-840 million) China Eastern will own 51%, Juneyao Airlines based in Shanghai will have 15%, Sanya Development Holdings and Hainan Communications Investment Holdings both with 10% and interestingly the Chinese on-line travel agency Trip.com 14%.

While China Eastern lost almost four billion yuan ($560 million) in the first quarter of the year, it’s generally assumed that Chinese carriers have enormous reserves in hand and while the costs of starting Sanya might be high, the long-term benefits will be substantial.

China Eastern © Flickr Commons

While the airline focuses on Beijing, Shanghai, Kunming and Xi’an, and Juneyao centres its operations on Shanghai, neither has a particularly large presence in the far South of the country.

We don’t yet know the profile of Sanya, but an announcement by China Eastern to the Hong Kong stock exchange described it as ‘a boutique aviation brand’.

We’ll watch developments closely.

You Might Also Like

Cathay and HKYAA Launch New AeroQuiz and Cathay Inter-school Aviation Challenge Cup

India denies UN assistance following the 787 crash

UK government evaluating the Boeing-Spirit Deal

Etihad Airways Prepares to Welcome 7 Million Travellers This Summer

Air Canada Launches New Route to Edinburgh

Share This Article
Facebook Twitter Email Copy Link
What’s your thoughts?
Love0
Sad0
Happy0
Angry0
Travel Radar
By Travel Radar Staff
Follow:
Articles from guest contributors wishing to remain anonymous are credited to this account. Want to contribute to Travel Radar either in-name, or anonymously? Get in touch: [email protected]
Previous Article Two A320s Collide at Pulkovo Airport, Russia; No injuries reported
Next Article BREAKING: USAF F-15 Ditches into the North Sea off Yorkshire, England
Leave a comment
Subscribe
Login
Notify of
guest
guest
0 Comments
Oldest
Newest Upvoted
Inline Feedbacks
View all comments

Stay Connected

FacebookLike
TwitterFollow
InstagramFollow
YoutubeSubscribe

Trending News

Airport flight gate sign
Oil Price Dip & Rising Demand Fuel Optimism for Airline Stocks
Airline Economics Aviation
Woman Draped In A Flag Of Canada with mountains in the background
How Canadian Travelers Can Find Fair and Secure Online Casinos That Work Anywhere
Did You Know Travel
Emirates sponsorship behind Carlos Alcaraz (ESP) who serves against Frances Tiafoe (USA) in the third round of the Gentlemen's Singles on Centre Court at The Championships 2024
Emirates Sponsors The Championships, Wimbledon
Airlines Airshow & Events Travel
© Toyota
Top 10 Most Reliable Used Cars to Buy in Dubai
Travel
© Xclusive Yachts
The Best Dubai Luxury Experiences in 2025
Travel
//

Travel Radar is the leading digital hub for all things aviation and air-travel. Discover our latest aviation news, aviation data, insight and analysis.

Discover

  • About Us
  • Contact Us
  • Careers
  • Press & PR
  • Privacy & Legal

Our Content

  • News
  • Data
  • Images
  • Jobs
  • Subscribe

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Click here to Signup!

© Travel Radar Media Ltd. 2015-2025 | ISSN #2635-0696 | Trademark #UK00003579704
wpDiscuz
adbanner
AdBlock Detected
Ads help us bring you high-quality, independent journalism for free. Support us by whitelisting us from your ad blocker.
Okay, I'll Whitelist
Welcome to the TR Community!

Sign in to your account

Register Lost your password?