Juneyao Air Aims to Double Fleet as Disney Lands in Shanghai
- Carrier to decide on joining global alliance by year's end
- Expects Guangzhou-based low-cost unit to break even this year
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Juneyao Airlines Co. aims to double its fleet by 2020, expecting the mid-year opening of Disney’s Shanghai park and more tourist travel to further drive flight demand as the privately run Chinese carrier considers joining a global alliance.
“The potential for growth is huge,” Chairman Wang Junjin told reporters Sunday on the sidelines of the National People’s Congress in Beijing. “In a country with a population of 1.3 billion people, there were only something more than 400 million passenger trips made last year.”