[photopress:airfrance_klm.jpg,full,alignright]Cargo Air France-KLM is in talks to team up with China Southern Airlines in setting up an international cargo airline in China. It is following in the footsteps of Lufthansa.
Lufthansa Cargo holds a 25% stake in Jade Cargo International, which started operations last month.
Air France-KLM is (since the airlines amalgamated Air France-KLM can be regarded as one airline) eager to play a role in the China air cargo market.
To give a guide to what is possible: Jade Cargo was founded in October 2004 as a joint venture between Shenzhen Airlines (51%), Lufthansa Cargo (25%) and the German development finance institute DEG-Deutsche (24%). The company’s headquarter is in Shenzhen. Jade Cargo International currently serves the following destinations from its hub in Shenzhen:
Amsterdam; Seoul-Incheon; Brescia, Italy; Barcelona, Spain; Osaka; Luxembourg (which is, in itself, a cargo hub for much of Europe); Shanghai-Pudong; Leipzig-Halle, Germany; Stockholm, Sweden; Frankfurt, Germany; Vancouver, Canada; Houston, USA.
That is a long list (note there is no destination in France or the UK) and shows, very clearly, the potential of the market. It is also enough to make the cargo management of Air France-KLM very nervous.
Source: Luchtak Aviation