Is a cargo airline with its headquarters in Shunyi District, Beijing, China t is an all-cargo subsidiary of Air China and operates services to 36 cities in 27 countries around the world. Its main base is Beijing Capital International Airport. The airline was established on 12 December 2003 and started operations in 2003. It is owned by Air China (51%), CITIC Pacific (25%) and Beijing Capital International (24%) and has 1,818 employees (at March 2007). May 2011: Air China and Cathay Pacific have announced the consolidation of their cargo business to the new Air China Cargo.