[photopress:logistics_Jadenoseup.jpg,full,alignright]Six B747-400ERF (which stands for Extended Range Freighter) have been delivered to Jade Cargo at its Shenzhen Baoan International Airport base.
With the delivery of the six new freighters, the Chinese company plans to intensify its existing air routes in Europe as well as expand its international market.
Jade Cargo International is a partnership venture between Shenzhen Airlines (holding 51% share) Lufthansa Cargo(25%) share, and the totally unpronouncable Deutsche Investitions-und Entwicklungsgesellschaft which has 24% of the venture and we will have to think of a better acronym than DIE.
This is the first cargo airline joint venture in China between a local company and foreign firms.
Source: China Civil Aviation Report