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Zhengzhou

Good news for PVG

For much of the last two years, Shanghai Pudong International Airport (PVG) has been forbidden by the Civil Aviation Administration of China (CAAC) from accepting applications by airlines for either charter flights or new scheduled routes. The restriction is put in place for any Chinese airport that fails to meet the CAAC’s on-time service standards, […]

Cargolux considering more 747Fs on higher 2017 results

Last year at this time, the air cargo market had only just begun to recover from its protracted slump. The downturn hit cargo-focused airlines hard, and Luxembourg-based Cargolux was not immune. Even though Cargolux’s traffic rose by 10% in 2016, net profits fell from US$49 million the previous year, to just $5.5 million – not […]

Chengdu launches air cargo development scheme

With air freight demand expected to soar across west and central China, cargo carriers and forwarders have a choice when it comes to selecting sites to develop their regional hubs. Although geography and infrastructure are among the top considerations, government subsidies and preferential policies are two factors which absolutely must be considered in China’s case. Many […]

Cargolux China to move forward as Henan Cargo Airlines

Representatives from Luxembourg-based Cargolux, and China-based Henan Civil Aviation Development & Investment Co (HNCA, an investment arm of the government of China’s Henan province which owns a 35% stake in Cargolux) met in Beijing today, and signed an “Airline Equity Joint Venture Contract” that will allow the two parties to resume preparations for the launch […]

Cargolux partners with Emirates — what about China?

Today, at the Air Cargo Europe event in Munich, Europe’s largest all-cargo carrier, Cargolux, and Dubai-based Emirates SkyCargo announced an MoU for an expansive “strategic operational partnership”. The deal between the all-cargo and combination carriers includes reciprocal block space and interline agreements, joint handling at each other’s major hubs (Dubai and Luxembourg), and, for Emirates, […]

Ex-Cargolux CEO, Dirk Reich resurfaces

Following Dirk Reich’s resignation from Cargolux back in July, it seemed appropriate to assume it would only be a matter of time before he resurfaced, and today it looks like the he has been found. According to an update on the company website, Reich will be assuming the position of Chairman at “R+R International Aviation”, […]

Cargolux: The Saga Continues

Just when it appeared that Starship Cargolux was on a steady course “to boldly go where no man has gone before” – that is, to go to China and implement a dual hub strategy – there is a new plot twist: President and CEO Dirk Reich is out, and will be replaced by current CFO […]

Where’s the beef?

Where’s the beef? Not on the tables of hungry Chinese diners – or at least not often enough nor in sufficient quantity. At least that seems to be the conclusion drawn by Shanghai Yiqian Trading, the Chinese company that is buying Germany’s Frankfurt Hahn Airport (HHN). According to company Chairman Yu Tao Chou, Shanghai Yiqian […]
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