Volga-Dnepr, Henan Province partner on Belt and Road initiative

Russia-based Volga-Dnepr Group signed an agreement with Henan Airport Group and Zhongyuan Asset Management to form a “trans-Siberian air bridge” as part of China’s Belt and Road initiative, aimed at redeveloping the ancient Silk Road route between Europe and Asia. The partnership will focus on the Zhengzhou Airport (CGO) and the Zhengzhou Airport Economic Comprehensive […]
  • Caryn Livingston
  • August 10, 2018

Rapid growth of China’s express market continues into 1H18

During the first half of this year, China’s domestic express delivery sector delivered 22.08 billion parcels, an increase of 27.5% y-o-y from 1H17.  International cross-border deliveries, which include parcels moving between mainland China, Taiwan, and Hong Kong and Macau, increased by 43.1% during the same period, to 520 million parcels, according to statistics from the […]
  • Charles Kauffman
  • August 10, 2018

Walmart, JD.com invest $500 million in Chinese online delivery company

Walmart and JD.com will invest $500 million in the Chinese online delivery company Dada-JD Daojia. The company was formed from the merger of JD.com’s JD Daojia online-to-offline business and Dada Nexus, the crowd-sourced delivery company. JD Daojia partners with retail stores to provide one-hour delivery services for groceries and other items, and Reuters estimates JD […]
  • Caryn Livingston
  • August 10, 2018

Cathay stays in the red, despite continued cargo strength

The Cathay Pacific Group reported a net loss of US$34 million in the first half of 2018, marking an improvement from 2017’s first half when the Hong Kong-based carrier reported a net loss of $261 million as its passenger business struggled to counter increasing competition from airlines based in mainland China. So far this year, […]
  • Caryn Livingston
  • August 8, 2018

YTO Express to convert former military air base into global operations hub

Earlier this week, Shanghai-based YTO Express, the parent company of YTO Cargo Airlines inked an agreement with the Jiaxing City local government to convert a 96-hectare plot of land at Jiaxing Airport (JXS) into an aviation logistics hub. Once completed, the former military airport will assume Hangzhou Xiaoshan (HGH) Airport’s current role as the main […]
  • Charles Kauffman
  • August 2, 2018

US cherry exports shrugging off tariff impacts?

A 25% tariff on about $50 billion worth of Chinese imports into the US went into effect on 6 July, prompting retaliatory tariffs from China and sparking a trade war midway through the Pacific Northwest’s cherry season. Typically, cherry exports to China are a huge business during July and for the region generally – during […]
  • Caryn Livingston
  • July 31, 2018

Is JD.com exploring own-controlled capacity?

Earlier this week, reports emerged that Chinese e-commerce giant JD.com had entered into discussions with the HNA Group over potential “participation” in one of the group’s air cargo carriers. We note that collaboration between the two companies has been expected to some extent since March of this year when JD.com and HNA Group entered into a […]
  • Charles Kauffman
  • July 24, 2018

Volga-Dnepr Group finds its HUB-2 at Liege

Earlier this week, when the Volga-Dnepr Group and its UK-based affiliate CargoLogicHolding inked a massive deal with Boeing for up to thirty-four widebody freighters – a letter of intent to purchase twenty-nine 777 freighters, and an order for five 747-8 freighters, we questioned where some of these aircraft might up. Yesterday, Volga-Dnepr Group and U.K.-based […]
  • Charles Kauffman
  • July 19, 2018

YTO Cargo Airlines chasing cross-border e-commerce with 757Fs

Hangzhou-based YTO Cargo Airlines this year added two Precision-converted 757-200PCFs to its fleet, which previously consisted of just six 737-300Fs, with the intention of going global. Although it has taken YTO longer than anticipated to launch international cargo flights, new flight rights may soon be granted, and the carrier’s pursuit of chasing cross-border e-commerce volumes […]
  • Charles Kauffman
  • July 10, 2018

First NCA aircraft returns to service

On 4 July, Nippon Cargo Airlines (NCA) announced that a single 747-8F (36141) passed a government safety audit, and was cleared to return to service. Shortly after, on 5 July, the aircraft went on to complete a round-trip flight between Shanghai Pudong (PVG) and Tokyo Narita (NRT) – the carrier’s first scheduled own-operated flight since […]
  • Charles Kauffman
  • July 5, 2018
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