OVERSEAS CHINESE AVIATION CORPORATION

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R005000470013-5
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 1
• Document Creation Date: November 9, 2016
• Document Release Date: February 18, 1999
• Sequence Number: 13
• Publication Date: June 13, 1950
• Content Type: REPORT

CLASSIFICICTlON
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Approved For Releas , _
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05000471,U113T NO.
INFORMATION REPORT CD N.
COUNTRY China
SUBJECT Overseas Chinese Avlation Corporation
PLACE
ACQUIRED
DATE OF
INFO.
This document
CONFIDENTI
letter of p
Dire to
Cen
25X1A2g
DAVE DISTR.. 16 JUl:l 50
NO. OF PAGES 1
NO. OF ENCLS.
(LISTED BELOW)
SUPPLEMENT TO
REPORT NO.
The Overseas Chinese Aviation Corporation, the headquarters of which is in
Tientsin? is a reorganization of the Chinese airlines, the Great Chian, or
Dash Eva Aviation Corporation which was founded in 1946 by a Canadian, Bailey,
largely with overseas Chinese capital from Canada. The airline suffered diffi-
culties becaxts a its founder was unwilling to pay squeesen and only in 1948
received a license for limited flights in south China. The delay in Issuing
the license caused mazy of the shareholders to withdraw their capital, so that
the company become short of funds, Some of than remaining shareholders have
sold out to persons in Communist Chi= and some still hold property in the
reorganized firm,
2, At the beginning of 1950, the now firm received a license from the Goamnist
Ministry of Comm aiaationss to fly schedulsed, trips inside China and. from cert .in
cities inside China to Hong Kong, The firm has a few Cataalinaewe, not completely
paid for, of which several are still in Manila awaiting financial clearance,
Other planes belonging to the original company, no longer appear to be available
because of differences between former and present shareholders. Material trans-
ferred from the old to the now company consists lm ' gely of blueprints and files
of not very useful information on survey* of flying business and routes in
China, and of real assets of little value,,
3, The major problem facing the firm is parssonnel R since overseas Chinese are
unwilling to enter Communist China. No Canadian Chinese have accepteed jobs
promised within China and few trust the present government, although job offers
by the firm are attractive on the surface, One inducement offered prospective
employees is the privilege of converting part of the salary late foreign c rrency
fot transfer to families enbroed,
According to the owners of the airline, the Peiping government plans to supervise
the e;oa r and the now managing director does not inform shareholders Of
operations details. in the absence of an overseas Chinese staff, the firm expects
to have to employ Soviet technicians,, The management feels that the reason the
Communist government permitted the firm to operate and encourages private air
ente prise is to draw overseas capital and technical skill into the country and
to build up a anuclcos of capable Chinese aviation? wireless, mechanical and
technical personnels
CLASSIFICATION _ CO
Approved For
i ereby regraded to f
n accordance with the
ctober 1978 from the
tral Intelligence to the r
t of the United States. j j F x
t Review Date: 20 ~_ vs
/09 : CIA-RDP82-004 7R005000470013-5
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