Shenniao Airlines is a joint venture of Hainan Airline subsidiaries, Lucky Air (35%), Yunnan Lucky Investment Co Ltd (45%) and Chengdu Communications Investment Group (20%). The airline's corporate entity, Chengdu Shenniao Aviation, was registered on 27-Apr-2017 with a capital of CNY3 billion (USD435 million). The airline will be based in the new Chengdu Tianfu International Airport, aimed at promoting the development of civil aviation in Sichuan Province.
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