Air China, Lufthansa JV to start building 47 mln yuan Beijing warehouse

Beijing (XFN-ASIA) - Ameco Beijing, an aircraft maintenance

joint venture between Air China and Lufthansa, said it will start construction

on a 47 mln yuan warehouse this month.

The 8,000 square meter facility, which will be operational by October next year, will store civil aviation materials and maintenance tools, Ameco said in a statement.

Air China holds a 60 pct stake in Ameco Beijing while Lufthansa holds the remaining 40 pct.

The joint venture is based at Beijing Capital International Airport.