The story
Originally named United Eagle Airlines Co., Ltd (鹰联航空公司; also known as UEAir), the company was founded in 2004 by a former executive of China Northwest Airlines, with the necessary funding being provided by the Vickers Financial Group. It received its first airliner, an Airbus A320 that previously had belonged to Air Jamaica, on 8 July 2005, and service began on 27 July. Another similar aircraft type, the slightly smaller Airbus A319, was put in service with United Eagle Airlines on December 2 of that same year.
In March 2009, Sichuan Airlines invested 200 million RMB (30 million USD) in United Eagle Airlines, thus holding 76 percent of the shares. In late 2009, Sichuan Airlines sold the shares to Chinese aircraft manufacturer Comac and to Chengdu Communications Investment Group. Following this ownership change, United Eagle Airlines placed an order for 30 Comac ARJ21s, the first of which initially was planned to be delivered in late 2010.
On 23 January 2010, the airline was renamed Chengdu Airlines.
From Wikipedia’s article on Chengdu Airlines, shared under CC BY-SA 4.0.3
