Cargolux’s planned China joint venture airline ‘Cargolux China’ is set to take to the skies in 2017 after the Cargolux Board of Directors approved an investment of US$ 77 million on Tuesday. The new all-cargo airline - which will focus on transpacific and intra-Asian routes with a planned fleet planned of five B747 freighters within the first three years of operation - will be based at Zhengzhou, Cargolux’s new hub in China. The investment represents a 35 per cent share in the new airline for … [Read more...] about Cargolux China gets clearance for take off with US$77m injection
Zhengzhou
Cargolux Italia steps up Zhengzhou flights
Cargolux Italia has introduced a second weekly flight between Milan and Cargolux’s Chinese hub Zhengzhou via Novosibirsk, in October. When Cargolux Italia introduced the first Zhengzhou flight in June, it also marked the first commercial Cargolux service to Russia. Cargolux Italia’s two weekend flights offer shippers a fast and convenient possibility to move their weekday production overseas. From Zhengzhou, shippers take advantage of Cargolux’s extensive trucking system to forward goods to … [Read more...] about Cargolux Italia steps up Zhengzhou flights
UPS adds LCL to its China-Euro rail option
UPS has announced an addition to its China-to-Europe rail shipments as the new modal option continues to gather steam as a both a reliable and viable addition, or alternative, to ocean shipping and air freight. UPS’ Less-than-Container Load (LCL) service offering is available from Zhengzhou to Hamburg and becomes part of the UPS Preferred multimodal freight services portfolio. UPS established a Full Container Load (FCL) solution for China-to-Europe in June 2014. Full Container Load … [Read more...] about UPS adds LCL to its China-Euro rail option
Cargolux launches Zhengzhou-Chicago
Cargolux Airlines has begun a twice-weekly Trans-Pacific service between the two cities in April, operated by the airlines 747-8 freighters. At the Air Cargo Europe event in Munich, Cargolux announced that loads on the first couple of flights have been better than anticipated. “This new Trans-Pacific service from Zhengzhou is a milestone in the development of our Chinese operations and the cooperation with our partner HNCA,” says Dirk Reich, Cargolux president and CEO. “We … [Read more...] about Cargolux launches Zhengzhou-Chicago
Cargolux posts upbeat 2014 results
Despite what it described as a difficult overall market situation, Cargolux Airlines International S.A. ended 2014 on a positive note. "While the industry continued to suffer from overcapacity and noticeable pressure on yields, Cargolux benefited from a very strong last quarter in 2014. Combined with a rapidly declining oil price, the airline achieved record levels of block hours and tonnages while enjoying a welcome increase in yields,” it said. This enabled Cargolux to complete the … [Read more...] about Cargolux posts upbeat 2014 results
Cargolux celebrates first 10K t cargo to Zhengzhou
Barely five months after the start-up of air freight services between Luxembourg and Zhengzhou, Cargolux celebrated the first 10,000 tonnes of freight carried between the two hubs. The flight carrying the 10,000th tonne left Luxembourg last Saturday after a ceremony attended, amongst others, by Francois Bausch, Luxembourg’s Minister of Sustainable Development and Infrastructure as well as Paul Helminger, chairman of the Board of Directors of Cargolux, and Dirk Reich, Cargolux president … [Read more...] about Cargolux celebrates first 10K t cargo to Zhengzhou
