SF Airlines Co., Ltd.

SF Airlines Co. Ltd.-CSS

SF Airlines Co. Ltd. is a private air cargo company jointly established by Shenzhen Taihai Investment Co., Ltd. and SF Express (Group) Co., Ltd., directly serving the air express transportation business of SF Express (Group) Co., Ltd. (hereinafter referred to as SF Group).

SF Group is a Hong Kong-funded express enterprise established in March 1993, mainly engaged in international and domestic express delivery as well as customs declaration and inspection services. For a long time, SF Group has focused on meeting market demand, continuously expanding its service areas, and gradually building a strategic network pattern based in South China, connecting East China and North China, and expanding into Central China, providing customers with fast and safe express services. In July 2010, SF opened a Lhasa route. At this point, SF Group's express service network covers 34 provinces, municipalities, and autonomous regions across the country as well as Hong Kong, Macao, and Taiwan, making it the private express enterprise with the largest business volume in China.

Chartered flights and bellyhold space are the main air transportation means of SF Group. SF Airlines operates 2 self-owned Boeing 757-200 full freighters and 3 Boeing 737-300 full freighters, and additionally leases a total of 13 full freighter aircraft from Donghai and Yangtze River Express as well as bellyhold space on more than 530 passenger flight routes. In 2008, SF Group's air express transportation volume was 165,000 tons, an increase of 47.3% year-on-year compared with 2007. Of this, chartered flight capacity was 69,500 tons, and bellyhold capacity was 95,500 tons. In the four years from 2004 to the present, SF Group's aviation business has grown at an average annual rate of up to 70%.