A PYMNTS Company

China: Three cargo airlines to merge to create Asia leader

By  |  June 25, 2015

China will merge its three biggest freight airlines and build the combined entity into Asia’s largest air cargo operator, a top aviation official was reported as saying.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    “Currently, this work (the merger) is being actively pushed,” the official Xinhua news agency quoted Zhou Laizhen, deputy chief of the Civil Aviation Administration of China (CAAC) as telling an industry forum.

    China’s top three cargo operators are the freight arm of Beijing-based flag carrier Air China, Shanghai-based China Cargo Airlines, and China Southern Airlines Cargo, headquartered in the southern city of Guangzhou, said the report.

    Full content: JOC

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.