China Air Cargo Corporation
China Air Cargo Corporation is a proposed Chinese cargo carrier to be based at Guangzhou Baiyun Airport. The carrier plans to operate domestic and international cargo and mail air transport services and purchase one Xian MA600 freighter and lease two Boeing 757-200F aircraft. The company has registered capital of CNY500 million (USD73.8 million) and investors comprise Joy Air Holdings with 45%, Guangzhou Dongling Industry Group with 35% and Beijing Fidelity Asset Management with 20%. China Air Cargo Corporation passed a preliminary examination for a public air transport operating license in Nov-2016.
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