Air Transport World

Hainan launches regional operation.(Regional News)(Flybe British European acquires British Airways PLC)(Skywest Airlines Inc. launches flight service)(Caribbean Star Airlines Ltd. acquires LIAT Airlines)

Hainan Airlines parent HNA Group launched its Grand Xinhua Express Airlines March 30 in Tianjin just southeast of Beijing, from where it initially will operate five 32-seat regional jets. HNA holds 81% of the new carrier with an investment of CNY81 million ($10.5 million), while Hainan Airlines invested CNY19 million for the remaining stake. GXE is aiming to be China's top regional airline in both passenger and cargo traffic.

FlyBe completed the acquisition of British Airways' money-losing regional subsidiary BA Connect.

Northwest Airlines' new regional subsidiary, Compass Airlines, in April announced the receipt of US FAA certification to launch CRJ200 operations. It expects to start flying this month between Minneapolis-St. …

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