Ningxia Cargo Airlines, the first cargo carrier based in Western China, has filed an application to the Civil Aviation Administration of China (CAAC) for a public air operator’s certificate. The new cargo airline, based in the Ningxia autonomous region of China, has a registered capital of CNY120 million (US$19.3 million).
Shen Huawei, ex-general manager of Shannxi International Freight, will be the legal representative and president of Ningxia Cargo Airlines. Based at Yinchuan Hedong Airport, the new cargo carrier will be licensed for domestic cargo and mail transportation including Hong Kong, Taiwan and Macau, using 737-300 freighters.
Shan’xi Tongyang Investment Management, which has a 53 percent holding, is the major stakeholder. Xi’an Huijie Logistics Co. has a 44 percent stake, and Shannxi Xiangyu Logistics Co., Shanghai Chongda International Freight Co. and Shan’xi International Air Freight are the minority stakeholders.
In preparation for getting the operating license from CAAC, the airline was approved to buy three 737-300Fs from Zhejiang Loong Airlines. The CAAC has given a green light to the painting plan of the new airline’s aircraft. Ningxia Cargo has hired 10 pilots, 17 maintenance staff, six flight dispatchers and seven welders for the initial operation