The report also speculates that Air China and China Southern might be drafting proposals to spin-off their cargo operations as separate companies.
China’s National Development & Reform Commission is reportedly pursuing the idea of “mixed-ownership” reforms for its state-owned behemoths. China Eastern Airlines has in fact already divested its China Cargo Airlines and Eastern Air Logistics arms to a separate holding company which is expected to go public later this year.
Now, the State-owned Assets Supervision Administration is preparing for a further round of the process, including China Southern and Air China.
Both carriers, along with China Cargo Airlines operate extensive 777Fs and 747-400Fs fleets, along with bellyhold capacity on passenger planes.