DHL makes €500m bid to increase its presence in 'fast-growing Gulf markets'
DHL Group has announced investments of more than €500m ($571,6m) in “high growth” Middle East ...
By Alex Lennane
Remember Jade Cargo International, the ill-starred Shenzhen Airlines and Lufthansa Cargo joint-venture? Well, its three 747-400Fs are up for sale yet again, for, amazingly, the sixth time. The market may finally be in the right place to receive three older aircraft: it’s busy, capacity is tight, and planes are said to be once again coming out of the desert. What’s perhaps most interesting about this new attempt at a sale, however, is that they are being publicly auctioned on Taobao, ...
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