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SHANGHAI AIRLINES

Shanghai Airlines SSE: 600591 (上海航空) is an airline based in Shanghai, People's Republic of China. It operates domestic and international services. Its main bases are Shanghai Pudong International Airport and Shanghai Hongqiao International Airport. It also retains a few flights at Nanjing and Hangzhou, and is one of the most concentrated "hub and spoke" airlines in China.

The airline was established and started operations in 1985. It was founded by the Shanghai municipal government as the first independently run local airline in China. It was initially restricted to domestic flights, but in September 1997 won government approval to operate international services. In October 2002 it began to issue shares on the Shanghai stock market. It launched domestic freighter services in May 2004. It is the fifth largest airline of China by fleet size. In 2006 a cargo airline, Shanghai Airlines Cargo, was established with Taiwan-based EVA Air[citation needed]. In its 22 year history, Shanghai Airlines has not had any accidents, fatalities or severe damage to its aircraft, making it one of the safest airlines in Asia and possibly, the World.

Shanghai Airlines does not plan to merge with other airlines and will concentrate on being an independent airline, with Shanghai as its hub, according to Shanghai Airlines Vice MD Gu Jiadan.

Shanghai Airlines was officially welcomed as the 19th member of the Star Alliance on December 12, 2007. With that, it plans to dedicate terminal 2 of Pudong International Airport to its Star Alliance partners.

Shanghai Airlines CEO Fan Hongxi says that Shanghai Airlines expects to have a fleet of 100 aircraft by 2010 that can handle 17.7 million passengers and 1.5 million tons of cargo and mail annually. It is also focusing on growing its market share in Australia, Europe, the United States and Canada in the next five years.


(source/wikipedia)