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Great Wall Airlines Commences Operations |
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| Search ASIA Travel Tips .com | Friday, 2 June 2006 |
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Great Wall Airlines, a joint venture airline established by China Great Wall Industry Corporation, Singapore Airlines Cargo and Dahlia Investments (a wholly owned subsidiary of Temasek Holdings) has launched six times weekly freighter services from Shanghai to Amsterdam. Based at Shanghai’s Pudong Airport, Great Wall Airlines will initially operate with a fleet of 2 Boeing 747-400 freighters. Following the start of freighter services between Shanghai and Amsterdam Thursday, the airline will launch freighter services to India, South Korea and Singapore in the coming weeks. “The commencement of operations by Great Wall Airlines signifies the further development of the air cargo industry in China. We are confident that Great Wall Airlines is well positioned to meet the needs of businesses as a result of the burgeoning Chinese economy and the booming trade between China and the markets in Europe, USA and Asia”, said Mr Goh Choon Phong, President, Singapore Airlines Cargo. Great Wall Airlines is 51% owned by China Great Wall Industry Corporation, while Singapore Airlines Cargo owns 25%. The remaining 24% is owned by Dahlia Investments. The airline has a registered capital of RMB 1 billion. See other recent news regarding: Airlines, Great Wall Airlines, Cargo, Shanghai, Amsterdam |