Yangtze River Express to enter pax market

HNA Group’s cargo subsidiary Yangtze River Express has applied to the Civil Aviation Administration of China (CAAC) to enter the passenger market.


Yangtze River Express to enter pax market


HNA Group’s cargo subsidiary Yangtze River Express has applied to the Civil Aviation Administration of China (CAAC) to enter the passenger market.

The move comes as HNA Group, parent of Hainan Airlines, pursues its plan to tap the lucrative Shanghai market, which has a high proportion of premium business traffic.

The hitherto all-cargo carrier is expected to face fierce competition in the Shanghai passenger market, as Shanghaibased China Eastern Airlines has more than a 40 per cent market share. Air China has been rapidly expanding its presence in the Shanghai market and has recently established a Shanghai branch as it starts more long-haul routes to Paris and Frankfurt. China Southern Airlines has also has been approved to open a Shanghai branch. Other home-grown carriers operating in that market include privately run airlines Spring Airlines and Juneyao Airlines, both Shanghai-based.

Launched in July 2002, Shanghai Pudong-based Yangtze River Express operates 18 freighters – comprising 15 B737Fs, which provide domestic express deliveries and three B747Fs that operate on international routes.