Suparna Airlines, known in Chinese as Jinpeng, is an airline based in China. Originally an all-cargo airline, it was formerly known as Yangtze River Express and later Yangtze River Airlines after launching passenger services. The company's headquarters are in Shanghai Pudong Development Bank Tower in Pudong, Shanghai.[1]
History
Established on 15 January 2003 as the second cargo airline in the country after China Cargo Airlines,[2] Yangtze River Express was majority owned by the HNA Group (85%) with Hainan Airlines Co (5%) and Shanghai Airport Group (10%) holding the remaining shares. The airline took over the entire cargo operations of Hainan Airlines, China Xinhua Airlines, Chang An Airlines and Shanxi Airlines, all members of the Hainan Air Group.
In 2006, it divested 49% of its shareholdings to a consortium of companies including China Airlines