City Airways. Co.,Ltd was established on 24 February 2011 The airline, incorporated with 200 million baht of capital, focused on the China market, is spreading its wings by adding three jetliners and launching its first scheduled domestic flights. City Airways, owned by a group of Thai, Chinese tour firms and Hong Kong airline owner , will take delivery of three Boeing 737-400 single-aisle jets before the year-end; augmenting its fleet of four aircraft of the same type.