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CHINA-HONGKONG: NEW HONGKONG-BASED AIRLINE PLANS TO RIVAL CATHAY PACIFIC AIRLINES

Greater Bay Airlines, a new Hong Kong-based airline with ties to Beijing, is awaiting final approval to operate commercial passenger flights out of Hong Kong. It is assessing whether to opt for Boeing’s 737 Max 10 model jets or Airbus’s A321neos, which would mean an investment of approx. US $1.77 billion.