Cargo Facts Asia: SF Airlines targeting 100 large freighters by 2022

SHANGHAI – China’s fastest-growing express carrier, SF Express, is planning to grow its widebody freighter fleet from just eight units today to more than 100 by 2022, according to remarks from George Li, VP, SF Express, during a presentation this morning at Cargo Facts Asia.   The expanded freighter fleet will play into SF’s three-tier aviation […]
  • Caryn Livingston and Charles Kauffman
  • April 17, 2019

SF Express’ parent company to acquire DHL’s supply chain ops in China

Deutsche Post DHL Group (DP-DHL) will transfer its regional supply chain operations in Macau, Mainland China, and Hong Kong to SF Holding, the parent company of Shenzhen-based SF Express, the two companies announced today. Once the deal – which includes an upfront payment from SF Holding of €700 million, plus revenue-based royalties for the next decade – […]
  • Charles Kauffman
  • October 26, 2018

Details emerge about SF Express’ massive $756 million airport

Yesterday, SF Airlines and the Hubei provincial government signed a cooperation agreement that will advance the “Hubei International Logistics Key Hub Project,” or in other words, China’s first Memphis. Hubei officially pledged its support of the project and will cooperate with the rapidly growing express carrier to jointly plan, construct and operate Ezhou Airport—which the […]
  • Charles Kauffman
  • December 14, 2017

SF Express offloads stock to purchase aircraft

On 22 August, rapidly growing Shenzhen-based SF Express raised US$1.2 billion from a stock placement, freeing capital it plans to use for growth-focused investments including the purchase of new aircraft, pilot recruitment, and technology R&D, according to a filing on the Shenzhen Stock exchange. Local media reports suggest that SF Express will allocate at least […]
  • Charles Kauffman
  • August 24, 2017