Order for bigger aircraft signals YTO Express's global ambitions

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YTO Express is setting up an international operation to serve cross-border e-commerce and China’s hi-tech exporters. The Shanghai-based airline said it would buy at least three widebody freighters by 2018, and is in the process of filing an application for international routes. Primarily a parcel carrier, YTO has set up branches in South Korea, Russia, Japan and Zimbabwe, and is eyeing another 18 destinations, with warehouse and transit centres, in priority markets such as Australia, Hong Kong, New Zealand and the UAE, ...