First Chinese private airline enters bankruptcy, but Spring and Juneyao show success is possible

East Star Airlines was officially declared bankrupt in late Aug-2009, becoming the first Chinese carrier to enter bankruptcy, after a restructuring application was rejected by the Intermediate People's Court in Wuhan. [1687 words]

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This report contains the following subheadings:

• Indebted East Star Airlines becomes first Chinese carrier to enter bankruptcy 
• Rejected takeovers for East Star Airlines
• A challenging year for China’s private airlines in 2009
• United Eagle Airline expands fleet and network

This report contains the following charts and tables:

• China’s Private Carriers
• China domestic capacity (seats) by carrier: Sep-2009