CH-AVIATION · AIRLINES
URUMQI AIR GETS $18MN GUARANTEE FROM HAINAN AIRLINES HOLDING...
Urumqi Air (UQ, Urumqi ) has secured a CNY100 million yuan (USD14.9 million) credit facility from Bank of Beijing's Urumqi branch, backed by a corporate guarantee of up to CNY120 million (USD17.9 million) from 70% shareholder Hainan Airlines Holding .
SCOTT: Ask what this does to pairings, the MEL, and the jumpseat. Press releases are written for investors. You fly the leftover.