Yangtze River Express

Infobox Airline
airline = Yangtze River Express

logo_size =
fleet_size = 8
destinations =
IATA = Y8
ICAO = YZR
callsign = YANGTZE RIVER
parent =
company_slogan =
founded = 15 January 2003
headquarters = Shanghai, People's Republic of China
key_people =
hubs = Shanghai Hongqiao International Airport
secondary_hubs =
focus_cities =
frequent_flyer =
lounge =
alliance =
website = http://www.yzr.com.cn/

Yangtze River Express (Yangtze River Express Airlines Company Limited) (扬子江快运航空有限公司, or 扬子江快运 for short) is a cargo airline based in the People's Republic of China.

History

Established on 15 January 2003 as the second cargo airline in the country after China Cargo Airlines [http://english.people.com.cn/200301/16/eng20030116_110235.shtml] , it was majority owned by the Hainan Air Group (85%) with Hainan Airlines Co (5%) and Shanghai Airport Group (10%) holding the remaining shares. The airline took over the entire cargo operations of Hainan Airlines, China Xinhua Airlines, Chang'an Airlines and Shanxi Airlines, all members of the Hainan Air Group.

In 2006, it divested 49% of its shareholdings to a consortium of companies including China Airlines, Yang Ming Marine Transport Corporation, Wan Hai Lines and China Container Express Lines. China Airlines' became the largest foreign shareholder with a 25% stake.

Fleet

The Yangtse River Express fleet consists of the following aircraft (as of 29 September 2008) [http://www.ch-aviation.ch/aircraft.php?search=set&airline=YZR&al_op=1] :

*3 Boeing 737-300F
*3 Boeing 737-300QC
*2 Boeing 747-400

External links

* [http://www.yzr.com.cn/ Yangtze River Express]
* [http://www.hnair.com/hnairweb/Default.aspx/ Hainan Airlines]

References