50 SKY SHADES - World aviation news

New Chengdu Airport Secures 12 Billion Yuan Bank Loan

Download: Printable PDF Date: 02 Sep 2015 13:37 (UTC) categories:
Publisher:
New Chengdu Airport Secures 12 Billion Yuan Bank Loan - Finance publisher
Tatjana Obrazcova
Source: WCARN

Chengdu's new airport is set to be built after Agricultural Bank of China agreed to bankroll its development, Sichuan Daily reported Tuesday.

The bank has agreed to loan the 12 billion yuan to fund the development of the new airport, which is set to be built on near Lujia town of Jianyang city, 51.5 kilometers away from the center of Chengdu city.

With a total investment of 69.26 billion yuan, Chengdu's new airport is expected to handle an annual passenger volume of 40 million in 2025 and would build three runways. Upon the completion of its new airport, Chengdu will be the third city owning two airports in China after Beijing and Shanghai.



Loading comments for New Chengdu Airport Secures 12 Billion Yuan Bank Loan...


Recommended

Airbus resumes work on modernised A320 Family FAL in Toulouse

New facility will provide A321 industrial capability to support market recovery and demand. Airbus has resumed work on the modernisation of its A320 Family industrial capabilities in Toulouse. This...

CAE to accelerate the design and development of Jaunt Air Mobility eVTOL aircraft

CAE announced that it has been selected by Jaunt Air Mobility to lead the design and development of the Jaunt Aircraft Systems Integration Lab (JASIL) for the the company's new all-electric v...

First flight in sight: Eviation propels closer toward flying Alice

Eviation Aircraft, a global manufacturer of all-electric aircraft, announced that it has taken delivery of the first Alice EPU from magniX, the company powering the electric aviation revolution,...

Australian service centers now able to service and support all in-country Cessna, Beechcraft & Hawker turbine aircraft models

Great news - Textron Aviation Australian company-owned Premiair Aviation service centers can now service and support all in-country Cessna, Beechcraft and Hawker turbine aircraft models...