China Eastern to join forces with Sinotrans

11/24/2009 10:00:15 AM

Chinese airline giant China Eastern Airlines plans to cooperate with Sinotrans in air cargo services, Xinhua reported. At present, both China Eastern and Sinotrans run an air cargo company. China Eastern is the controlling shareholder of China Cargo Airlines, and Sinotrans has the joint venture Grandstar Cargo International Airlines co-founded by its listed subsidiary Sinotrans Air Transportation Development and Korean Air. Sinotrans seeks to develop its air cargo businesses by making use of the air transportation capacity of China Eastern through the cooperation. It aims to put more capital and resource in building its ground transportation network in the future. CargoNews Asia

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