Six Chinese airlines form group

Shandong Airlines, Shanghai Airlines, Shenzhen Airlines, Sichuan Airlines, Wuhan Airlines and China Postal Airlines will amalgamate to form their own airline group, as reported by the China Daily.

The airline group will be called China Sky Aviation Enterprises Group, will have assets of US$3.6 billion, and will operate 100 aircraft and service over 500 routes. Last year the airlines achieved combined sales of $964 million. The airlines will be able to keep their separate corporate identities and at the same time benefit from code sharing abilities.