Dalian Airlines receives preliminary approval for AOC

Air China's start-up Dalian Airlines' application for its Air Operator's Certificate (AOC) has received (21-Nov-2011) preliminary approval from CAAC Northeast Regional Administration. Details of the start-up carrier are as follows:

• Name: Dalian Airlines;
• Operating base: Dalian Zhoushuizi International Airport;
• Registered capital: CNY1000 million (USD156 million);
• Business scope: Domestic air passenger and cargo transportation and related services;
• Ownership: Air China (80%) and Dalian Baoshui Zhengtong Co (20%);
• Business applications:
  • Signed contract with Dalian Free Trade Zone for office space;
  • Received approval from CAAC to introduce three B737-800 aircraft including two owned;
  • Signed airport operations agreement with Dalian Airport;
  • Officially registered with ICAO and assigned the code CCD by China's Air Traffic Control, Air China has also agreed to allow Dalian Airlines to operate under its CA code;
  • Air China has agreed to transfer 122 of its employees including 28 pilots to the start-up;
  • Appointed current Shenzhen Airlines vice president Liu Jianping as its president and current Air China flight operations vice president as its VP.