ChinaVista Logo Welcome to China Virtual Tours Great Wall
Join Us . Advertise Info




China Tours



Travel Highlight The Great Wall Beijing | Shanghai China Impression Tours Arts & Crafts | Recipes Necessity
Travel Vista Yangtze River Jiangsu | Guangdong Silk Road Tours Chinese Dress | Relics Travel Fast Facts
Cities Vista The Forbidden City Yunnan | Sichuan Tibet Adventure Tours Festivals | Architecture Find Hotels
China Experience The Temple of Heaven Shaanxi | Gansu Scenic China Tours Articles | Literature Book Flights
Chinese culture The Yellow Mountains Xinjiang | Tibet | Guilin More China Tours Cheongsam | People Buy Souvenirs
Welcome to China Virtual Tours, your premier online guide to travel in China.

ChinaVista >> China Virtual Tours >> Travel News & Events

Airline Co-Ops Across Straits Intensify

Taiwan-based China Airlines Wednesday became a shareholder of the mainland-based China Cargo, by signing a framework agreement with China Eastern Airlines and China Ocean Shipping Company (COSCO).

China Airlines holds a 25 percent share of the cargo company, the first agreement of its kind between the Chinese mainland and Taiwan.

The cargo company was set up by China Eastern and COSCO, with a total investment of 1.5 billion yuan (US$181 million), of which China Eastern accounted for a 70 percent share.

China Eastern will decrease its shares to 55 percent, and COSCO's share will be reduced by 10 percent. The remaining 25 percent will go to China Airlines, which will invest in China Cargo in cash, said Luo Zhuping, secretary to China Eastern Airlines Co Ltd.

-- source: China Daily

back to news indexreturn to travel news index

click here to feel china from the closest

The Great Wall Of China ||Xi'an Terracotta Warriors ||The Yellow Mountains||Guilin Tour|| Tour of Tibet|| Yangtze River

- Home - Travel - Attractions - Destinations - China Tours - Culture - Souvenirs - Tips - Travel Talk -

China Virtual Tours is a part of services. 1996-2014. Copyright Claims.