Air cargo market gets big boost from corporate giants

Major players investing in larger fleets, route networks, stronger infrastructure and service support

China's air cargo industry is undergoing a shake-up as major players, driven by growing market potential, seek to strengthen their positions.

Corporate giants at home and abroad are injecting capital and confidence into the Chinese air cargo field with larger fleets, more complete route networks and stronger infrastructure and service support.

On Dec 24, 2019, China Southern Air Holding Co Ltd launched an air cargo company as a new business entity to further tap the market. With a registered capital of 1 billion yuan ($144 million), the new company is registered in Guangzhou, South China's Guangdong province.

CSAH is the parent company of China Southern Airlines Co Ltd, China's largest air carrier with a fleet of more than 860 aircraft.

The move is aimed at consolidating its position in the air cargo market with services throughout the air cargo industry chain.

On Dec 31, SF Airlines announced its all-cargo freighter fleet had reached 58 on its 10th anniversary. The Shenzhen-based airline has become China's largest air cargo airline and has created a global air cargo service network with 65 destinations.

This year, the all-cargo freighter fleet of SF Airlines is expected to exceed 60, with more than 70 global destinations.