Lack of freighters means a capacity crunch and limited air cargo growth
While air cargo demand factors will be hard to predict in “a year of uncertainty”, ...
By Alex Lennane
Plans to launch a joint-venture Chinese express cargo airline have been delayed until next year, according to ATSG.
The US company, which is establishing the airline together with Okay Airlines and discount retailer Vipshop Holdings, told investors in its first-quarter earnings call that approvals would take longer than anticipated.
“A launch date [for United Star Express Airlines] still depends on government approvals and will likely not occur until early 2017,” said Joe Hete, CEO.
He said: “The first tranche of aircraft will be 737s. ...
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