Air China and AirPlus International Announce Strategic Partnership.

AirPlus Also Founds Subsidiary Company in Shanghai

ALEXANDRIA, Va. -- AirPlus International, a leading global travel payment provider and Air China, the leading national flag carrier, have announced their strategic partnership by unveiling the Air China AirPlus Company Account. The solution provides the airline's corporate customers with a new travel payment option on all national and international Air China flights and tariffs. The joint product is the first of its kind in China and will be released in July 2008 prior to the Olympic Games. Furthermore, AirPlus has founded a subsidiary company in China - the AirPlus Payment Management Co. Ltd. based in Shanghai. The new subsidiary will intensify the customer liaison and support the local roll-out of the joint payment solution.

The Air China AirPlus Company Account provides corporate travel managers a convenient central payment tool for air travel and access to aggregated data through internet-based travel expense reporting and electronic invoicing. With this consolidated data, customers can achieve comprehensive analysis of their travel-related expenses; thereby saving time and recognizing tangible cost reduction. In addition, this product will allow Air China customers exclusive access to special corporate net rates and Air China loyalty program.

"The Air China AirPlus Company Account empowers our corporate customers by providing them with a convenient payment system and access to the most comprehensive travel reporting in the industry," said Mrs Zhang Lan, Senior Vice President of Air China. "The joint payment solution is another example of how Air China is introducing innovative solutions that meet the evolving needs of our corporate customers."

Within the framework of the collaboration, Air China corporate customers will also gain access to the AirPlus Information Manager. This product enables analysis of all travel services; helping companies recognize cost-cutting opportunities and optimize the controlling of their business travel costs more effectively than ever before. Another unique feature of the product is that it will provide access to Air China's flown data so that companies can track whether their tickets have been used, thereby speeding up the refund process and cutting down on the volume of unused tickets.

Patrick W. Diemer, Managing Director of AirPlus International, commented, "We are delighted that Air China has chosen us as their preferred payment provider. AirPlus strives to give our customers the key to business travel management efficiency and provide them with superior data quality. We stand ahead of our competitors in this development and look forward to working with our newest airline partner."

About AirPlus International

With more than 32,000 corporate customers worldwide, AirPlus International is a global leader in business travel payment solutions, offering lodge card accounts, corporate cards and online management tools. As the leading issuer worldwide of UATP, AirPlus settles flight tickets from more than 260 airlines and is the preferred partner of various airlines such as Air China, Austrian Airlines, British Airways (NYSE:BAB), Continental Airlines (NYSE:CAL), Luxair, Lufthansa German Airlines, Swiss International Air Lines, TAP Portugal and Singapore Airlines. Please visit www.airplus.com for further information, or contact Rana Walker, Marketing and Communication Manager at [e-mail] or [phone].

About Air China

As the only flag carrier of China, a member of Star Alliance as well as the designated Airline Partner of the Beijing 2008 Olympic Games, Air China Limited (hereinafter abbreviated as Air China) operates a worldwide network from its hub in Beijing. Following Air China's IPO in Hong Kong and London Stock Exchange on December 15, 2004, Air China was also successfully listed at Shanghai Stock Exchange on August 18, 2006. Up to October 2007, Air China owns 213 Boeing and Airbus aircrafts, operating 230 routes within 28 countries and regions. With its extensive network, Air China serves 71 domestic cities and 43 overseas cities, offering 5000 flights and 900,000 seats every week. Air China has gone into the code-sharing alliance cooperation with 20 famous airlines globally, which enhances its network and provides more choices for the passengers. For more information please visit www.airchina.com.