Shenzhen Airlines

Shenzhen Airlines

Shenzhen Airlines Company Limited (“Shenzhen Airlines”) is a 49% owned associate of the Group. Shenzhen Airlines is principally engaged in passenger transport and cargo transport and the provision of aviation related services. As at 31 December 2023, Shenzhen Airlines had 226 aircrafts in its fleet (2022: 226), and it operated 318 routes comprising 297 domestic routes and 21 international and regional routes.

Air China Cargo

In 2021, the Group became a strategic shareholder of Air China Cargo Co., Ltd. by way of a capital injection and a share subscription with an investment of approximately RMB1,565 million, holding a 10% equity interest. So far, the Group has continuously recorded satisfactory returns from this  investment.

updated on 18 April 2024