The Civil Aviation East China Management Bureau says that two private airlines, Ningbo Fanya Airlines and Moli Airlines, are applying for services in eastern China.

Fanya Airlines will have a total registered capital of RMB80 million. Its shares will be held by Xiamen Jianfa Holdings Company(49%), Ningbo Nanyang Catering Equipment Manufacturing Company (26%) and Yixing Zonghe Hangyuan Company (25%).

This airline will be based at Ningbo Lishe International Airport and engaged in domestic freight and international cargo transport.

Moli Airlines will also have a registered capital of RMB80 million. Its biggest shareholder will be Beijing Wing Cargo (62%), followed by Yizheng Feigao Aluminum Alloy Manufacturing Company (8%), China Minzu Travel Service (8%), Yizheng Haitian Aluminium Company (8%) and three individuals.

Moli Airlines will be based at Nanjing Lukou International Airport and specialize in regional cargo service around Jiangsu Province.