CAAC Refutes Airline Cargo Merger Reports

The Civil Aviation Administration of China (CAAC) has denied reports that its deputy administrator said the country plans to merge the cargo divisions of its three largest carriers

The Civil Aviation Administration of China (CAAC) has denied reports that its deputy administrator said the country plans to merge the cargo divisions of its three largest carriers. Zhou Laizhen was quoted last Wednesday (June 24) by Chinese news agency Xinhua that plans were under way to consolidate Air China Cargo, China Cargo Airlines and China Southern Cargo to form the country’s largest freight airline. However, a spokeswoman for the CAAC told the Global Times that Zhou hadn’t undertaken interviews and they were unaware of the source of the speculation.

TAGS: Asia Pacific
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish