- Business
- Air China Cargo Co Ltd (001391.SZ) provides air cargo transportation and logistics services principally in China and internationally. The company offers all-cargo aircraft transport utilizing its fleet of nine B777F and three B747-400 freighters, passenger belly cargo capacity from Air China, air cargo ground terminal services including acceptance, weighing, storage, buildup and breakdown, delivery, transit, documentation, EDI handling, aircraft loading and unloading, ramp transportation; contract logistics, customized logistics, freight forwarding, e-commerce logistics, supply chain solutions; cold storage, freezer storage, fresh-keeping warehouses; and space bidding services. It operates specialized products such as express, safe, fresh, fine, special, rare, standard and mail cargo services covering standard freight, temperature-controlled cargo for perishables including fruits and seafood, pharmaceuticals, live animal transport, dangerous goods, secure and valuable cargo, customized solutions and commerce logistics across more than 26 product types in five main categories. Air China Cargo maintains a global network spanning 16 cargo aircraft routes to 19 cities in 10 countries and one region, supplemented by over 1,500 ground truck routes in Europe, North America, Japan, South Korea, Australia, the Middle East and Asia-Pacific, with main hubs in Beijing, Shanghai, Chengdu, Chongqing, Zhengzhou, Hangzhou and international gateways including Chicago, Madrid, Liege, Frankfurt, Amsterdam, Los Angeles, New York, Tokyo, Osaka and Taipei. Founded in 2003 and headquartered at 29 Tianzhu Road, Tianzhu Airport Economic Development Zone, Shunyi District, Beijing, the company is an all-cargo subsidiary of Air China within China National Aviation Holding, with a 2011 joint venture alongside Cathay Pacific that preserved its branding; underwent mixed-ownership reform in 2017-2018 via capital transfers and increases to China Aviation Capital Holdings reaching 10.69 billion yuan registered capital by 2021; integrated cargo affiliates like China Air Express in 2019; transitioned to a joint stock company in 2022 with indefinite operations; added strategic investors including Cainiao, Shenzhen International and others in 2020-2021; and in October 2025 announced a purchase agreement for six Airbus A350F freighters with options for four more, deliveries slated for 2029-2031 to expand long-haul capacity and modernize its fleet.