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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.

“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

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