Boeing has announced it has entered into an agreement with YTO Airlines – a Hangzhou-based Chinese express cargo carrier – to provide the airline with 15 B737-800 Boeing Converted Freighters (BCFs) following a planned programme launch for the type. The order was announced during President Xi Jinping's ongoing visit to the US and delivery dates were not specified. YTO only just began operations with its maiden flight on 26 September with flights between Hangzhou and Chengdu. YTO acquired its … [Read more...] about China’s YTO makes maiden flight, launches B737-800BCF programme
China Post
China's YTO makes maiden flight, launches B737-800BCF programme
Boeing has announced it has entered into an agreement with YTO Airlines – a Hangzhou-based Chinese express cargo carrier – to provide the airline with 15 B737-800 Boeing Converted Freighters (BCFs) following a planned programme launch for the type. The order was announced during President Xi Jinping's ongoing visit to the US and delivery dates were not specified. YTO only just began operations with its maiden flight on 26 September with flights between Hangzhou and Chengdu. YTO acquired its … [Read more...] about China's YTO makes maiden flight, launches B737-800BCF programme
China Post
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YTO Express gets ‘ok’ to launch cargo carrier
Seeking to tap China’s 2015-estimated nine million tonne air freight market, YTO Express is the latest Chinese express provider to receive approval to launch a domestic cargo airline. The Hangzhou Xiaoshan International Airport-based carrier will initially operate either B737-300 or 737-400 freighters on domestic routes with plans to expand to 15 Boeing freighters in the next three years. The company plans to invest CNY5.5 billion (US$890 million) in its … [Read more...] about YTO Express gets ‘ok’ to launch cargo carrier
YTO Express gets 'ok' to launch cargo carrier
Seeking to tap China’s 2015-estimated nine million tonne air freight market, YTO Express is the latest Chinese express provider to receive approval to launch a domestic cargo airline. The Hangzhou Xiaoshan International Airport-based carrier will initially operate either B737-300 or 737-400 freighters on domestic routes with plans to expand to 15 Boeing freighters in the next three years. The company plans to invest CNY5.5 billion (US$890 million) in its … [Read more...] about YTO Express gets 'ok' to launch cargo carrier
Monopoly for China Post from 1 October
China’s new rules for the domestic express letter and parcel delivery came into effect on 1 October which give state-owned China Post a monopoly in specific areas. The new Postal Law gives exclusivity to China Post’s Express Mail Delivery (EMS) unit for intra-city express delivery of letters and parcels under 50 grams and inter-city delivery of items under 100 grams. The move virtually wipes out private mail delivery companies in China – who currently have an … [Read more...] about Monopoly for China Post from 1 October