China Aviation
Supplies Import and Export Corporation (CASC) and Aviation Oil Corporation
will merge to form China Civil Aviation Supply Service Center.
It is expected to have 10.6 billion yuan (US$1.2 billion) in assets.
The Computer Information Center and Counting Center under CAAC would be merged to form China Aviation Information Group with total assets of about 5.3 billion yuan (US$640 million).
Chinese regional airlines have
formed an alliance of six carriers called the China Sky Aviation
Enterprises Group, will have a fleet of nearly 100 aircraft, more than 500
routes across China and an expected annual turnover of about eight billion
yuan (US$1 billion).
The alliance accounts for about 12 per cent of China's
traffic volume and about 35 per cent of the profits of China's civil
aviation industry. The group,
comprised of Shandong Airlines, Shanghai Airlines, Shenzhen Airlines, Sichuan
Airlines, Wuhan Airlines and China Postal Airlines.