Domestic Freight "Big Mac" Has Been Approved By &Nbsp, And Will Be Established By The End Of The Year.
Domestic freight "Big Mac" was granted a licence. The day before yesterday, Air China vice president, executive director and chief financial officer, Fan Cheng, pointed out that the joint venture cargo company composed of Air China and Cathay Pacific has been approved by the national development and Reform Commission. It is now being examined and approved by the Ministry of Commerce and is expected to be established in the fourth quarter.
Air China and Cathay Pacific have established a joint cargo airlines program for 4 years.
The market is over 70%.
"At present, China is adjusting. economic structure Some high-tech products need more help from aviation channels, and we can predict the potential of China's freight market in the future. "
However, domestic airline companies are losing ground in the face of huge market, compared with passenger spanport, domestic air cargo has been weak. On the one hand, the imbalance of trade has led to the one-way nature of air cargo. Domestic long-distance cargo flights often go empty when they fly to Europe and the United States. Most of them fail to join the suitable air cargo alliance.
Statistics show: International Freight spanport In the market, the market share of China's airlines is less than 30%, and the more profitable international routes are mainly monopolized by foreign airlines.
Domestic freight must be turned over.
It is against this background that China has accelerated the pace of integrating air cargo enterprises. At present, the integration of the domestic freight market is mainly divided into two parts, one is China Southern Airlines and East China Airlines, the other is the merger and reorganization of the freight business developed by Sinospan and China, and the other is the joint venture cargo business between China Air China and Cathay Pacific.
Air China Chairman Kong Dong has said that after years of efforts, it can curb the monopoly of all international freight businesses in China by foreign airlines. Industry analysts believe that the success of Air China Cathay Pacific joint venture will help domestic airlines to reverse the unfavorable situation in the freight market.
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