1、East Star Airlines, the debt-laden private airline based in central China's Wuhan city, officially went bankrupt after its restructuring application was rejected Thursday.
2、Whereas Jet Airways, in operation since 1993, has become the undisputed leader of India's skies, China's first private airline, Okay Airways, started flying only in February 2005.
3、Over the years I have encountered peasant oil barons, coal mine bosses, private airline chiefs and real estate developers who have all learned to rue the defects of state capitalism.
