News / 'With Cargolux China, we will avoid the mistakes that led Jade to fail as a JV'

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Cargolux China, the new joint-venture airline, should be ready, “on a contractual basis”, by the end of the year.

Speaking as Cargolux’s 13th 747-8F arrived in Luxembourg on its delivery flight from Seattle, Dirk Reich, CEO, said: “We are still in the middle of preparations ? but the intention is clear.”

The carrier had its first board meeting outside Luxembourg, in Zhengzhou, last week to work out more of the detail on the JV with its fellow shareholder, HNCA Group.

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