GY CGZ Commenced operations 31 December 2015 Headquarters Guiyang Fleet size 4 (September 2016) | CGZ COLORFUL Destinations 18 (October 2016) Founded 2015 | |
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Hubs Guiyang Longdongbao International Airport Key people Zhai Yan, chairman
Xu Bo, general manager Hub Guiyang Longdongbao International Airport | ||
Colorful Guizhou Airlines is a low-cost Chinese regional airline based at Guiyang Longdongbao International Airport, Guizhou. It is intended to improve air service in Western China, particularly Guizhou Province. It is the first locally owned airline in the province.
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The airline began operations on 31 December 2015. It flies to three destinations in China using a fleet of four Embraer 190 aircraft, with one additional aircraft to arrive.
History
On 18 May 2015, the CAAC granted Guizhou Industrial Investment (Group) Co., Ltd. and Weining County Construction Investment Group preliminary approval to jointly establish Duocai Guizhou Airlines. The airline was officially established as Colorful Guizhou Airlines on 19 June 2015.
The name "Colorful Guizhou" comes from a marketing campaign by the provincial government; it signifies the cultural diversity within Guizhou Province.
On 15 June 2015, the airline placed an order for 17 Embraer 190 aircraft, 7 of which were firm orders and the other 10 options. If all options are exercised, the transaction will be valued at USD $834 million. Colorful Guizhou Airlines hopes to expand its fleet to 30 aircraft by 2020 and 120–140 aircraft in the future.
On 5 December 2015, the airline received its first Embraer 190, followed by a second aircraft on 18 December. It filed an application for an air operator's certificate from the CAAC on 15 December.
On 31 December 2015, Colorful Guizhou Airlines commenced operations with a flight from its hub Guiyang to Bijie. It plans to add flights to Chengdu and Tongren.
Corporate affairs
Colorful Guizhou Airlines is a joint venture between Guizhou Industrial Investment (Group) Co., Ltd. (95%), and Weining County Construction Investment Group (5%). The groups invested a total of RMB 1 billion in the airline.
The chairman of the airline is Zhai Yan, who is also chairman of Guizhou Industrial Investment Group.
Destinations
Colorful Guizhou Airlines flies to the following destinations in China as of October 2016:
Fleet
As of September 2016, Colorful Guizhou Airlines operates the following fleet of aircraft: