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 -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.06.24

Airborne-NextGen-05.07.24

 Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

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

Aero-News: Quote of the Day (05.09.24)

"Fly-by-wire flight, coupled with additional capability that are being integrated into ALFA, provide a great foundation for Bell to expand on its autonomous capabilities. This airc>[...]

ANN's Daily Aero-Term (05.09.24): Hold Procedure

Hold Procedure A predetermined maneuver which keeps aircraft within a specified airspace while awaiting further clearance from air traffic control. Also used during ground operatio>[...]

ANN's Daily Aero-Linx (05.09.24)

Aero Linx: B-21 Raider The B-21 Raider will be a dual-capable penetrating strike stealth bomber capable of delivering both conventional and nuclear munitions. The B-21 will form th>[...]

Airborne 05.03.24: Advanced Powerplant Solutions, PRA Runway Woes, Drone Racing

Also: Virgin Galactic, B-29 Doc to Allentown, Erickson Fire-Fighters Bought, FAA Reauthorization After dealing with a big letdown after the unexpected decision by Skyreach to disco>[...]

Airborne-NextGen 05.07.24: AI-Piloted F-16, AgEagle, 1st 2 WorldView Sats

Also: Skydio Chief, Uncle Sam Sues, Dash 7 magniX, OR UAS Accelerator US Secretary of the Air Force Frank Kendall was given a turn around the patch in the 'X-62A Variable In-flight>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 05.10.24: Icon Auction, Drunk MedEvac Pilot, Bell ALFA

Airborne-Flight Training 05.09.24: ERAU at AIAA, LIFT Diamond Buy, Epic A&P

Airborne 05.08.24: Denali Update, Dad-Daughter Gyro, Lake SAIB

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC