Great Wall Airlines to Resume Services
Great Wall Airlines Company Limited | Dec. 13, 2006
Great Wall Airlines has been cleared to resume its all-cargo services.
The resumption of services is possible following a decision of the US Treasury Department to remove Great Wall Airlines from its list of designated companies, after the Airline successfully appealed for its removal from the list.
The President of Great Wall Airlines, Mr Tan Kai Ping, welcomed the delisting of the company, and said he and his team were keen to get back to the business of air freight.
"We expect to resume services soon. During this period where we've been unable to operate, we have maintained contact with our customers, many of whom have been very supportive of us as we appealed the decision of the US Treasury Department.
"We'd particularly like to thank those customers, and our staff who stuck by us. We commit to them that we will return to operations with vigour and enthusiasm.
"We would also like to thank the US Treasury for the opportunity to have our appeal heard. At no time was it ever suggested that Great Wall Airlines had played a role in any activity for which sanctions were imposed," Mr Tan said.
Great Wall Airlines will resume its schedule of services to Amsterdam (6 times weekly), Incheon (6 times weekly) and Mumbai/Chennai (3 times weekly). In addition, the Company is looking to expand its cargo network to other destinations in the near future.
Great Wall Airlines will lease two Boeing 747-400 Freighters from Singapore Airlines Cargo, and is looking to resume operations in February 2007.
Great Wall Airlines is a Sino-Singapore joint venture cargo airline based in Shanghai, owned 51% by the Beijing Aerospace Satellite Applications Corporation, 25% by Singapore Airlines Cargo Pte Ltd, and 24% by Dahlia Investments Pte Ltd, a wholly-owned subsidiary of Temasek Holdings (Pte) Ltd.