PRNewswire -- Universal Travel Group (AMEX: UTA) (“Universal Travel Group” or the “Company”), a growing travel services provider in the People’s Republic of China (“PRC”) specializing in online and customer representative services to the travel service industry offering packaged tours, air ticketing and hotel reservation services, today announced that the Company will sell its subsidiary, Shenzhen Speedy Dragon Enterprise Limited (“SSD”), an air cargo logistics company acquired by Universal Travel Group in the second quarter of 2007.