Green light for new Chinese maindeck player

The Civil Aviation Administration of China (CAAC) has approved the launch of Hangzhou-based CDI Cargo Airlines which will start with one B737-800 with plans to introduce two more of the type.


Green light for new Chinese maindeck player


The Civil Aviation Administration of China (CAAC) has approved the launch of Hangzhou-based CDI Cargo Airlines which will start with one B737-800 with plans to introduce two more of the type. The new cargo venture has a registered capital of CNY200 million (US$31.8 million) and is owned by Huixiang Industrial Investment Co., with a 51 per cent share, the Haofu Group with a a 24 per cent stake, Asia Yingsheng Investment Co. with 15 per cent and Caulfield Investment Co. holding the remaining 10 per cent.

CDI Cargo Airlines will launch services from Hangzhou Xiaoshan International Airport (100 km southwest of Shanghai) following conversion of the aircraft to freighter configuration. It has said it will operate the B737 freighters on “domestic and surrounding routes”, which likely means Japan and Korea and also has plans to acquire widebody freighters for long-haul operation from a Hangzhou hub.