Jade Cargo selects Swiss WorldCargo for Europe sales, service support
New Chinese all-cargo airline Jade Cargo International has appointed fellow Lufthansa affiliate Swiss WorldCargo to provide sales and service in France, Italy, Germany and Switzerland.
Jade Cargo is a joint venture between Shenzen Airlines (51 percent), Lufthansa Cargo (25 percent) and a German financial services firm. It is believed to be the only Chinese airline with a foreign ownership stake. It will start operations next month after delivery of its first aircraft, a Boeing 747-400ER Freighter. Initially, the new airline will serve Amsterdam and Seoul three times per week from its cargo hub in Shenzen, China.
Jade Cargo’s second Boeing 747-400ERF is due for delivery in November. The airline, which is based in China’s Pearl River Delta, has ordered a total of six aircraft of this type, which will enter service successively until January 2008.