Etihad Cargo, the cargo and logistics arm of Etihad Airways, and SF Airlines, a subsidiary of SF Holding, have announced their shared commitment to a project that will establish a landmark joint venture, marking an unprecedented milestone in the 40-year history of diplomatic relations between the United Arab Emirates (UAE) and China. In a significant meeting at SF Airlines' headquarters in Shenzhen on 18 September, key representatives from both airlines convened to formalise their intention to … [Read more...] about Etihad Cargo and SF Airlines to strengthen UAE-China trade with joint venture commitment
SF Airlines
Etihad Cargo stretches express moves on e-commerce
With cargo volumes way below what the industry saw over the last 2 years, airlines, logistics players and other stakeholders are trying to figure out which sectors could likely drive back more shipments moving by air. One of those that could be a driving factor is e-commerce, particularly exports coming from Asia. With operations between Abu Dhabi and China, Etihad Cargo is well aware of this trend and has been a step ahead in maximising the opportunities. In April this year, it added a fourth … [Read more...] about Etihad Cargo stretches express moves on e-commerce
New JV to set up airframe MRO facility at Ezhou
ST Engineering is looking to establish its presence in Asia Pacific after it announced a joint venture with Chinese cargo carrier SF Airlines. The company’s commercial aerospace business and SF Airlines have agreed to set up a commercial airframe maintenance, repair and overhaul (MRO) joint venture in China’s Hubei province. The two plan to operate a ‘greenfield’ airframe MRO facility at the Ezhou Huahu Airport which is designated as Hubei’s international logistics hub airport. The joint … [Read more...] about New JV to set up airframe MRO facility at Ezhou
SF Airlines entrusts new JFK service to WFS
Worldwide Flight Services (WFS) has been appointed to handle SF Airlines’ new scheduled freighter services at New York’s JFK International Airport. The Chinese airline is operating twice-weekly Boeing 747-400F flights from Hangzhou, the capital of China’s Zhejiang province, to New York. WFS expects to handle some 12,000,000 kilos each year for SF, which previously operated only ad hoc charter services on the route. WFS now handles cargo for SF at three major US airports, including Los … [Read more...] about SF Airlines entrusts new JFK service to WFS
SF Airlines maps out ongoing and future growth plans
Regardless of what you know or what you may not know about SF Airlines, it still has the largest cargo air fleet in China. SF Airlines belongs to SF Holding, considered the largest integrated logistics service provider in China. In a year when transport capacity congestion was seen throughout global supply chains, SF Airlines saw significant changes to its air network layout, which saw international volumes jump 400 percent versus the previous year. In total, the carrier operated 45,000 … [Read more...] about SF Airlines maps out ongoing and future growth plans
SF Holding takes over Kerry Logistics in $2.3b deal
Parcel delivery firm SF Holding is set to acquire a majority stake of Kerry Logistics as it aims to improve its international logistics capacity in a proposed ‘strategic investment and cooperation’ between the two companies, a press release confirmed. The proposed takeover will see the Chinese courier take a 51.8 percent stake in Kerry Logistics at HK$18.8 (US$2.43) per share, with the deal valued at US$2.3 billion. News broke of a potential deal last week as trading for both companies was … [Read more...] about SF Holding takes over Kerry Logistics in $2.3b deal
