China Cargo Airlines Limited to Expand Its Capacity
Posted on: Tuesday, 20 December 2005, 09:00 CST
China Cargo Airlines Limited to expand its capacity
BEIJING, Dec. 19 (Xinhua) -- The first Boeing 747-400 aircraft ordered by China Cargo Airlines Ltd. landed here Sunday from Seattle after 11.5 flying hours.
China Cargo Airlines Ltd., the biggest air cargo company in the country, planned for a big capacity expansion in order to take part in the world competition, experts said.
The B747-400 aircraft is the world's most advanced cargo plane, with the longest cruise distance of 8,000 nautical miles.
According to Boeing's prediction, the Chinese company will grow by 10.6 percent annually in the next 20 years, higher than world's average rate of 6.2 percent.
The company was established in 2003, with the registered capital reaching 2.2 billion yuan (0.3 billion U.S. dollars) and total assets accounting 4 billion yuan, ranking the 20th among the world's cargo companies in 2004.
Source: Xinhua News Agency - CEIS
Related Articles
- 41st Parameter Speaking on Fighting International Air Travel Fraud at China Airline Booking & Payment Summit '09
- BCI Aircraft Leasing, Inc. To Conduct Sale-Leaseback With China Airlines
- China Airlines Appoints New Chairman
- China Airlines and CSA Sign Comprehensive Co-Operation Agreement
- China Airlines to Launch 29 Direct Weekend Charter Flights With Subsidiary
- China Airlines Signs Contract With Rolls-Royce
- China Airlines Adds New Features to Automated Cargo System
- China Airlines to Use Mxi Software for Maintenance & Engineering
- China Southern Inks New FFP Partnership With China Airlines
- China Airlines Ranks World's 5th Largest Cargo Carrier
 |
 |
User Comments (0)
RSS Feeds