Signing ceremony between Wuxi Transport Industry Group and Yunnan Jingcheng Group is held in Wuxi on Aug 4. [Photo/wxrb.com]
Wuxi Transport Industry Group will take over Ruili Airlines from Yunnan Jingcheng Group, according to a deal signed on Aug 4.
With the deal, Wuxi is expected to be the first city in East China's Jiangsu province to own a local airline.
Wuxi Party Secretary Huang Qin attended the signing ceremony and was bullish on the cooperation with Jingcheng Group. Huang said that the deal is expected to help Wuxi to develop as a transport hub in southern Jiangsu.
According to Huang, Ruili Airlines will be based in Wuxi and Kunming in the future, which also gives more chance for its development. The local government will give full support to the project.
Ruili Airlines [Photo/wxrb.com]
Dong Lecheng, chairman of Jingcheng Group, said this cooperation arrangement with Wuxi will integrate the resources of air routes, airspace and aircrafts, with the aim to enrich and optimize airline resources in Wuxi, and improve the efficiency of air transport in Jiangsu province.
Jingcheng Group, founded in 1990, works in aviation, engineering construction, medical tourism and health. Ruili Airlines was funded and established by Jingcheng Group in 2014. It currently operates 20 Boeing aircrafts and has 80 air routes covering 44 domestic and foreign air routes. A total of 4.49 million passengers traveled on Ruili Airlines in 2019.
