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News / Is Asia ready for 'Cargolux China' – and which markets will the new carrier target?

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A new Zhengzhou-based airline could soon be on its way. One year ago, in the draft commercial agreement between Cargolux and its soon-to-be shareholder HNCA, it was stated: “HNCA and Cargolux shall jointly incorporate a joint venture airline company based in Zhengzhou, Henan Province, China ...

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  • john

    October 28, 2014 at 5:08 pm

    how do you know the figures? is the agreement of Cargolux with CGO public domain?

    • Alex Lennane

      October 29, 2014 at 10:31 am

      We have a copy of the initial commercial agreement, which is dated September 30 2013. According to one source, the agreement that was signed in January 2014 was not substantially different, although we can’t verify that.

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