Cosco, China Cargo Airlines Look to Sell Stake in Air Cargo Handler

Cosco, China Cargo Airlines Look to Sell Stake in Air Cargo Handler

Cosco and China Cargo Airlines are trying to sell their combined 30.7 percent stake in Shanghai Eastern Logistics, according to various reports in China.

The company, which was founded in 2004, is a major player at Shanghai’s airports, where it has its own cargo facilities.