Eastern Air Logistics hints at more 777Fs for China Cargo Airlines

Eastern Air Logistics (EAL) plans to expand the fleet of its subsidiary China Cargo Airlines with more 777Fs, according to the prospectus the company filed for an initial public offering (IPO). EAL also intends to buy more spare engines for its 777Fs. In a sign of confidence in the 777 platform, EAL said that, given […]

JD Logistics adds second major airline partner, who’s next?

Last year, Chinese consumers bought more fresh fruits, vegetables, seafood, meats, and other perishable products through online channels than any other country in the world — and demand shows no sign of letting up. In order to accommodate this demand, the logistics subsidiary of Beijing-based JD.com, JD Logistics, has been actively expanding its domestic last-mile […]

China Eastern to fuel JD.com’s own-operated air freight network?

This week, China Eastern Airlines (CEA) and China’s number-two e-commerce player (after Alibaba’s Taobao), JD.com entered into a strategic partnership to “leverage each other’s resources” to strengthen their joint logistics capabilities. As would be expected, China Eastern Airlines’ key resource on offer is its airlift capacity, while JD’s is its e-commerce platform and last-mile delivery […]

New frontiers for China Cargo Airlines

On 29 November, China Eastern Airlines reached an agreement to sell its main-deck cargo business, including China Cargo Airlines, to CEA Holding for US$353 million. As things stand before the sale (which is awaiting approval), China Eastern Airlines is the sole owner of Eastern Logistics, which in turn, owns 83% of China Cargo Airlines (as […]

Will yuan devaluation help or hurt air freight?

China today devalued its currency by 1.9% against the US dollar, the biggest drop since the country aligned its market and official rates. The People’s Bank of China said “Since China’s trade in goods continues to post relatively large surpluses, the yuan’s real effective exchange rate is still relatively strong versus various global currencies, and […]
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