The Chongqing Wushan Civil Airport project and the Inner Mongolia Wulanchabu Civil Airport project will cost RMB2.159 billion in total.
Overseas tourism Chinese-language chauffeur platform Huiwan received a RMB20 million in the Pre-A financing round from New Margin Ventures.
Airports have become the new overseas acquisition targets for Chinese corporations with the acquisition of Lubeck Airport by China PR Group.
Hainan Airlines’ subsidiary Hainan Xinsheng Feixiang Culture Media Co is the first inflight media and inflight integrated sales company to list on the “third board”.
China’s first private charter airline Juneyao Air has been cleared for a Shanghai IPO on April 22 by the China Securities Regulatory Commission.
Capital Airport Holdings is seeking over US$1.63 billion in long-term loans to fund the construction of the second Beijing airport.
China Southern Airlines will expand its fleet in Hainan to more than 40 aircraft and have fixed assets of RMB18 billion by 2020.
O2O travel startup Yododo has received a Series B financing round from Indonesian media corporation MNC Group.