unitop

Jade Cargo poised for comeback

Jade Cargo, the Lufthansa Cargo- Shenzhen Airlines joint venture said on 29 February that it had signed a letter of intent with Shenzhen-based logistics company UniTop to rescue the troubled carrier. Jade Cargo said on 31 December that it had “temporarily suspended” its operations while it agreed on a restructuring plan. Its fleet of six B747-400ERFs is based at Shenzhen and operated services to a range of worldwide destinations including ... [+]