JV aims to build Zhengzhou into cargo center
A joint venture between Cargolux Airlines International, Europe’s largest cargo airline, and Henan Civil Aviation Development and Investment Co is set to build Zhengzhou into China’s cargo hub.
To be launched next year, the joint venture aims to be a global air cargo provider with Zhengzhou as its center, according to a document from the provincial government.
It is expected to launch cargo routes linking Zhengzhou with Chicago and Los Angeles next year.
HNCA, a state-owned enterprise with a registered capital of 6 billion yuan (US$979 million), bought a 35 percent stake in Cargolux in April.
Cargolux launched a cargo route in June linking Zhengzhou with Luxembourg. Cargo on the route exceeded 10,000 tons by the end of November.
Cargolux’s cargo volume via the Zhengzhou airport is expected to reach 200,000 tons by the end of 2016, according to the document.
The Zhengzhou Xinzheng International Airport now has 22 international cargo routes, linking the city with Asia, Europe, the US and Australia.
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