News / Cargolux China eyes 747Fs for take-off in 2017, after $77m investment is approved

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Cargolux’s new Chinese airline is set to ply the Asian skies in the first quarter of next year, after its board yesterday approved a $77m investment in the joint-venture.

The new carrier is on the lookout for three used 747Fs to start operations, rising to a fleet of five within the first year.

Separately, the Luxembourg carrier today announced that it saw a rise in its operational performance during 2015. The carrier flew 114,792 block hours, 8.8% more than in 2014. Tonnes ...