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Air China moves to fully acquire cargo division

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Capital Airports Holding Company

Air China moves to fully acquire cargo division

January 12, 2009 by PLA Editor

China's largest carrier, Air China is to purchase the remaining stake in Air China Cargo Co. Ltd, from Capital Airports Holding Company, which holds a 24 per cent share of Air China Cargo, for an estimated 798 million yuan. Air China currently holds a 76 per cent stake in the cargo subsidiary. Air China Cargo was co-established in March 2003 by Air China, Citic Pacific, and Capital Airports Holding Company. Air China originally held 51 per cent stake of Air China Cargo and later bought the 25 … [Read more...] about Air China moves to fully acquire cargo division

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air China, Air China Cargo Co. Ltd, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, Capital Airports Holding Company, cargo aviation

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