Recently, a newly named airline "One Two Three Air" has attracted attention inside and outside the industry.

Sky Eye Search showed that the 123rd Airlines was renamed by Oriental Business Aviation Co., Ltd., and the name of the company changed, and the company's business scope also added a new air transportation business.

Oriental Business Aviation is a business aircraft operation and management company wholly-owned by China Eastern Airlines. There are indications that the renamed 133 Airlines will operate the domestic regional aircraft ARJ21.

In addition to the need to independently operate domestic aircraft, industry insiders also told the International Finance News that in the fierce competition in the business jet market, business jet enterprises are in urgent need of transformation.

Independent operation of domestic aircraft

Oriental Business Aviation currently manages more than 10 business jets. Its main business includes aircraft introduction, custody operation, charter flight, ground agent, maintenance and repair. Its official website shows that the model of Oriental Business Aviation mainly comes from Bombardier, Gulfstream Aerospace, and air. Famous foreign aircraft manufacturers such as passenger cars and Embraer.

In fact, the previous various actions of China Eastern Airlines have already laid the foundation for the rebranding of Oriental Business Aviation to operate domestically produced aircraft.