12-Dec-2005 1:03 PM
Shanghai Airlines to estabish a Freight subsiduary
SYDNEY (Centre for Asia Pacific Aviation) - Shanghai Airlines announced plans to establish a JV freight subsidiary, subject to CAAC approval Details include:
-
Name: Shanghai International Cargo Airlines Co Ltd;
-
Fleet: One MD-11F and two converted B757-200Fs;
-
Network: Undisclosed domestic and international routes;
-
Registered capital: CNY124.1 million;
-
Investors:
-
-
Shanghai Airlines: CNY68.2 million for a 55% shareholding;
-
Sino Prime Ltd: Shareholding not disclosed;
-
Juniper Estate BV: Shareholding not disclosed.
-
News such as this delivered daily to your inbox from the Centre's Asia Pacific Airline Daily. Click the icon below for more information.
