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Air China Cargo currently operates a fleet of 15 owned freighters, with reports indicating that three additional B777F freighters will be introduced in 2023. The company has clearly established an RMB 2.5 billion aviation industry development fund and RMB 50 million in aviation industry incentive funds.
For the period of January to June 2023, Air China Cargo recorded operating revenue of RMB 6.054 billion, representing a year-on-year decline of 55.30%, while net profit attributable to the parent company stood at RMB 473 million, down 77.43% year-on-year.
As of August 15, Air China Cargo operated a fleet of 15 owned freighters. Separately, it is understood that Air China Cargo will introduce three B777F freighters in 2023.
In February 2023, Air China Cargo took delivery of its ninth B777 freighter.
According to available information, in 2022, Air China Cargo's largest customer was Apple Inc., generating sales revenue of RMB 2.143 billion, accounting for 9.40% of total operating revenue.
Currently, Air China Cargo has established a global air freight network radiating from hubs at Beijing and Shanghai. As of February 2023, Air China Cargo operated 15 freighter routes and maintained over 1,500 global road feeder service routes across Europe, North America, Japan, South Korea, Australia, the Middle East, and the Asia-Pacific region, serving as an effective supplement to its freighter and passenger aircraft belly-hold network. The company exclusively operates all belly-hold capacity of Air China's passenger aircraft, enabling rapid cargo connectivity to destinations worldwide.
(Source: Compiled and published by the Aviation Logistics Branch of CFLP)