Yunnan Hongtu Airlines
Yunnan Hongtu Airlines is a Chinese carrier based at Kunming Changshui International Airport. Yunnan Hongtu Airlines is a JV between entrepreneur Tang Longcheng (20%) and six companies, including Kunming Evergreen Financing (30%), with the rest will holding a 10% stake. The carrier launched domestic services to the country's northeast region on 21-May-2016, with a Kunming-Nanchang service using an A321 aircraft. Yunnan Hongtu was established with a registered capital of CNY600 million (USD93.8 million). It plans to expand its fleet to 100 aircraft in 10 years and have five to seven base companies.
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