Air China, Cathay Pacific Airways Consolidate Cargo Businesses | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 12.05.16

Airborne 12.06.16

Airborne 11.30.16

Airborne 12.01.16

Airborne 12.02.16

Airborne Hi-Def On YouTube

Airborne 12.05.16

Airborne 12.06.16

Airborne 11.30.16

Airborne 12.01.16

Airborne 12.02.16

Mon, May 16, 2011

Air China, Cathay Pacific Airways Consolidate Cargo Businesses

Air China Cargo Fleet To Expand To A Dozen B747s

Air China and Cathay Pacific Airways have announced the consolidation of their cargo businesses in a Beijing ceremony to launch the new Air China Cargo.

Air China will hold 51% of the shares and Cathay Pacific will hold 25% of the shares and 24% of economic interests in Air China Cargo. Air China Cargo's Board of Directors has four Air China members and three Cathay Pacific members. After the consolidation, Air China Cargo's fleet will include 12 B747-400 aircraft. The airline's operation center will be based in Shanghai.

The consolidation of Air China and Cathay Pacific's cargo businesses is part of the two airlines' long-term cooperation strategy. This latest collaboration will increase fleet development and strengthen the market position of both airlines. The operation center in Shanghai will satisfy the market demands of the Yangtze River Delta, which makes up two-thirds of Air China's service area. The cooperation will help Air China Cargo reach all-round global development. 

FMI: www.airchina.com.cn

Advertisement

More News

Airborne 12.05.16: AutoGyro Certified, Police Seize Drone, GoPro Job Cuts

Also: Aldrin Evacuated, Shark US, Lufthansa, NASA, ESA's New Orbiter, FLIR Systems, Esterline The expression, “breaking news,” seems to be highly overused nowadays, but>[...]

ANN's Daily Aero-Linx (12.06.16)

Closing Santa Monica Airport: Something Does Not Add Up The latest update from the the Santa Monica Airport pointing out the reasons that the arguments for closing the airport "don>[...]

ANN's Daily Aero-Term (12.06.16): Clutter

In radar operations, clutter refers to the reception and visual display of radar returns caused by precipitation, chaff, terrain, numerous aircraft targets, or other phenomena.>[...]

Aero-News: Quote of the Day (12.06.16)

"Regardless of our appreciation of the public policy arguments raised by opponents, we have been advised that the law and our bilateral obligations leave us no avenue to reject thi>[...]

ANN FAQ: How To Get YOUR News Out On Aero-News

Good News, Bad News... It's ALL News As the preeminent online aviation news resource out there, the editorial staff at Aero-News sees a large number of news releases. We look at al>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC