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| | Hainan Air To Take Stake In HK's CR Airways |
 | | CR Airways has scheduled flights to secondary Chinese cities including Tianjin, Jinan, Nanning, Kunming, Haikou, Sanya and Guilin, competing with much-larger Hong Kong-based rival Dragonair, as well as several mainland carriers. |
 | | CR Airways plans to use its new aircraft, with the first expected to be delivered in 2008, to expand to longer Asian routes serving markets including Japan and South Korea, and putting it into competition with dominant Hong Kong carrier Cathay Pacific Airways. |
 | | CR Airways does not position itself as a budget carrier but its ticket prices are generally 8-10 percent lower than those of Dragonair and Cathay Pacific. |
| news.airwise.com /story/view/1135253711.html (433 words) |
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