Thursday, May 10, 2012
Air Macau Company Limited is the flag carrier airline of and headquartered in Macau. The airline operates services to 12 destinations in Mainland China, as well as regional international services, from its hub at Macau International Airport.
The airline was established on 13 September 1994, and began commercial operations on 9 November 1995, with a flight from Macau to Beijing and Shanghai (prior to 1995, there was no air service to Macau other than the helicopter service). One-aircraft service between Beijing, Shanghai and Taipei began on 8 December 1995. The first pure-freighter service was launched on 7 October 2002, between Taipei and Shenzhen via Macau.
Air Macau is owned by China National Aviation Corporation (CNAC) (51%), TAP Portugal (20%), STDM (14%), EVA Air (5%), the government of Macau (5%) and Macau investors (5%) and employs 1,023 staff (at March 2007). Two companies controlled by Macau SAR's Chief Executive Edmund Ho have sold a combined 1.25 percent stake in financially troubled Air Macau to a unit of China flagship carrier Air China, Reuters reported during the week.
According to the report, the stake sale for an undisclosed sum was confirmed by sources at Air China, a unit of Air Macau's controlling shareholder - CNAC.
Chinese description below: