AVIC Cargo Airlines
AVIC Cargo Airlines is a start-up cargo airline to be based at Guangzhou Baiyun Airport. The proposed carrier will operate domestic and international cargo and mail air transportation services, utilising Boeing 757Fs and MA600Fs. AVIC Cargo Airlines is a JV co-owned by Joy Air Holding, Guangzhou Donlinks Group and Beijing Fuda Asset Management. The start-up cargo airline will have registered capital of CNY500 million (USD83.3 million), in which Joy Air Holding will hold a 45% stake. No start date has been specified.
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