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China Postal Airlines

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China Postal Airlines

IATA Code
8Y
ICAO Code
CYZ
Corporate Address
Office 55, Purple 11-14 layers, Zengguang Road, Beijing 100037, People´s Republic of China
Website
http://www.cnpostair.com
Main hub
Beijing Capital International Airport
Country
China
Business model
Cargo

Established in 1996, China Postal Airlines is a cargo airline based at Beijing Capital and Nanjing Lukou airports. The airline specialises in the transport of express mail and other ad-hoc cargo requirements on behalf of owner China Post. China Southern Airlines owns a 49% stake in the carrier.

Location of China Postal Airlines main hub (Beijing Capital International Airport)

Source: CAPA - Centre for Aviation and Google Maps


 
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Chinese cargo growth leading the recovery worldwide but some challenges ahead

31-Aug-10 10:31 PM

With China’s GDP surging in the first half of 2010 in response to a stronger global economy, it is no surprise that the Chinese air freight market is going from strength to strength, as the country’s manufacturing sector recovers at a cracking pace following the global financial downturn. But the Chinese air freight segment, still in its formative stages, is highly fragmented. At the beginning of the year, the CAAC stated it would focus on the development of the country’s cargo industry and encourage cargo airlines to undergo mergers and acquisitions, restructuring and business cooperation. Furthermore, in its Development Strategic Plan, the CAAC stated it plans to develop at least one internationally competitive airline company and one internationally competitive cargo airline by 2030. In this article, we review the most recent developments of China's air freight market participants.

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