China Airlines, Dragonair to co-tap mainland Chinese cargo market.

(From Taiwan Economic News)

Taipei, June 23, 2005 (CENS)--Insiders of Taiwan's civilian aviation industry recently reported that Taiwan's China Airlines already turned to Hong Kong airline Dragonair for cooperation to venture into mainland China's air cargo market after its plan to invest in a China Eastern Airlines' air cargo unit flops. Dragonair already leased all-cargo planes from China Airlines as the first step of their reported plan to form a joint venture to deal with operation in the mainland. However, the Hong Kong airline stresses the two companies have no plan to open a joint venture except close cooperation in air-cargo business. Dragonair's executives …