News
China's three largest cargo airlines will merge to create Asia's largest freight transport company, a senior official at the Civil Aviation Administration of China (CAAC) was quoted as saying in Xinhua news agency reports.
The three air cargo carriers involve Beijing-based Air China Cargo, Shanghai-based China Cargo Airlines, and China Southern Airlines Cargo, headquartered in Guangzhou City, Guangdong Province.
The merger would create Asia’s largest air cargo operator.