Jade Cargo International was established in October 2004 and was co-owned by Shenzhen Airlines, which had a 51% stake, Lufthansa Cargo with 25% and DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, a subsidiary of German state-owned bank KfW – with 24%. It started operations in August, 2006.[3] It was the first cargo airline in China with foreign ownership and had 350 employees (as of March 2009).[4]
On December 25, 2011, flew its last scheduled flight, as JI7466 from Frankfurt (FRA) to Shanghai (PVG), via Shenyang (SHE), and a few days later, on December 31, 2011, officially grounded its fleet, citing a combination of lack of demand and “extended discussions” with Jade Cargo's other owners, with the service suspension lasting for several weeks until new funding was to be found through UniTop Group, which had plans to restructure the airline.[3][5]
Late in May, 2012, UniTop withdrew its Letter of Intent (LOI) for the restructuring plans. Immediately Jade Cargo Int'l officially announced the closure of the company and the start of liquidation proceedings effective June 4, 2012.
In 2017, three former Jade Cargo Boeing 747 planes (B-2421, B-2422, and B-2423) were up for auction on Taobao.[6] On the 20th of November 2017, SF Airlines purchased two of the three Boeing 747 planes on TaoBao, each for over ¥160,000,000 Chinese Yuan.[7]
Destinationsedit
Jade Cargo served the following cities as of December 2011:[8]
Main article: List of Jade Cargo International destinations
^"Online auctions of Boeing 747s reflect shifts in the air-travel industry". The Economist. September 26, 2017.
^"Money wayward! SF throw 320 million online shopping two Boeing 747 freighters (有钱任性！顺丰豪掷3.2亿网购两架波音747货机)". Tencent News. November 21, 2017.[permanent dead link]
^Jade Cargo Revised Winter Schedule[permanent dead link]. Retrieved February 18, 2012.
^Jade Cargo fleet July 2, 2011, at the Wayback Machine (Planespotters)
External linksedit
Wikimedia Commons has media related to Jade Cargo.
Jade Cargo International fleet details July 2, 2011, at the Wayback Machine
jade, cargo, international, cargo, airline, with, headquarters, sixth, floor, shenzhen, airlines, flight, operations, building, shenzhen, international, airport, district, shenzhen, guangdong, china, operated, regular, cargo, services, asia, europe, south, eas. Jade Cargo International was a cargo airline with its headquarters on the sixth floor of the Shenzhen Airlines Flight Operations Building at Shenzhen Bao an International Airport Bao an District Shenzhen Guangdong China 1 It operated regular cargo services to Asia Europe South East Asia and the Middle East plus a host of other worldwide destinations It main base was Shenzhen Bao an International Airport 2 Jade Cargo International翡翠国际货运航空公司Feicui Guoji Huoyun Hangkōng GōngsiIATA ICAO CallsignJI JAE JADE CARGOFounded2004Ceased operations2011HubsShenzhen Shanghai PudongFleet size6Destinations10Parent companyJade Cargo International Company Ltd HeadquartersShenzhen Bao an International AirportBao an District Shenzhen Guangdong ChinaKey peopleFeng Gang Chairman of the Board Frank Naeve Chief Executive Officer Websitejadecargo com Contents 1 History 2 Destinations 3 Fleet 4 See also 5 References 6 External linksHistory editJade Cargo International was established in October 2004 and was co owned by Shenzhen Airlines which had a 51 stake Lufthansa Cargo with 25 and DEG Deutsche Investitions und Entwicklungsgesellschaft mbH a subsidiary of German state owned bank KfW with 24 It started operations in August 2006 3 It was the first cargo airline in China with foreign ownership and had 350 employees as of March 2009 4 On December 25 2011 flew its last scheduled flight as JI7466 from Frankfurt FRA to Shanghai PVG via Shenyang SHE and a few days later on December 31 2011 officially grounded its fleet citing a combination of lack of demand and extended discussions with Jade Cargo s other owners with the service suspension lasting for several weeks until new funding was to be found through UniTop Group which had plans to restructure the airline 3 5 Late in May 2012 UniTop withdrew its Letter of Intent LOI for the restructuring plans Immediately Jade Cargo Int l officially announced the closure of the company and the start of liquidation proceedings effective June 4 2012 In 2017 three former Jade Cargo Boeing 747 planes B 2421 B 2422 and B 2423 were up for auction on Taobao 6 On the 20th of November 2017 SF Airlines purchased two of the three Boeing 747 planes on TaoBao each for over 160 000 000 Chinese Yuan 7 Destinations editJade Cargo served the following cities as of December 2011 8 Main article List of Jade Cargo International destinationsFleet edit nbsp Jade Cargo International Boeing 747 400ERF in 2011 The Jade Cargo International fleet consisted of the following aircraft as of June 2015 9 Jade Cargo International Fleet Aircraft In fleet Order NotesBoeing 747 400ERF 2 Disposed to CAL Cargo Air Lines2 Disposed to SF Airlines1 Disposed to AirBridgeCargo1 Disposed to Southern AirSee also editShenzhen Airlines Lufthansa CargoReferences edit Contact Us Jade Cargo International Company Limited Shenzhen Airlines Flight Operations Building 6 F Baoan International Airport 518128 Shenzhen Guangdong P R C Directory World Airlines Flight International April 3 2007 pp 95 96 a b Struggling Jade Cargo forced to ground 747 fleet Flight International December 30 2011 Archived from the original on January 3 2012 Retrieved January 1 2012 Jade Cargo International News Archived March 20 2007 at the Wayback Machine Jade finds new investment from UniTop Online auctions of Boeing 747s reflect shifts in the air travel industry The Economist September 26 2017 Money wayward SF throw 320 million online shopping two Boeing 747 freighters 有钱任性 顺丰豪掷3 2亿网购两架波音747货机 Tencent News November 21 2017 permanent dead link Jade Cargo Revised Winter Schedule permanent dead link Retrieved February 18 2012 Jade Cargo fleet Archived July 2 2011 at the Wayback Machine Planespotters External links edit nbsp Wikimedia Commons has media related to Jade Cargo Jade Cargo International Jade Cargo International fleet details Archived July 2 2011 at the Wayback MachinePortals nbsp China nbsp Aviation nbsp Companies Retrieved from https en wikipedia org w index php title Jade Cargo International amp oldid 1162956806, wikipedia, wiki, book, books, library,
