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Dragonair set to join cargo venture
Last Updated(Beijing Time):2006-05-30 13:30
Hong Kong Dragon Airlines Ltd will join a venture between Air China Cargo Co and China Cargo Airlines Ltd by the end of the year, the Economic Observer reported, citing unidentified officials.

The two cargo carriers are to merge by September, and Dragonair will subsequently join the Shanghai-based venture, the Beijing-based paper said. The new carrier will be one of the top five cargo airlines worldwide, the report added. Air China Cargo and China Cargo will merge their fleets and pilot crews into the new venture, while maintaining ownership of their ground facilities, the report said.
Source:Shanghai Daily 
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