newscaster
18th Feb 2012, 01:46
Their website is still there and they seem to have oploaded a revised winter schedule having dropped Istanbul, Chennai and resumed Shenyang, the original winter schedule did not have these changes.
Direct Bondi
21st Feb 2012, 10:10
I have it on good authority that several Jade Captains very recently attended Air Atlanta interviews in LHR. This does not inspire confidence of any quick return by Jade to their previous schedule.
purple head
2nd Mar 2012, 05:56
From CARNOC.com
???????? ? (http://news.carnoc.com/list/215/215523.html)
Translated below using Google
February 29, suspended for two months in Shenzhen, Jade Cargo Airlines Limited (Jade Cargo International Airlines, Co., Ltd., referred to as "Jade Cargo") finally see the dawn of the reorganization. The company said shareholders of Shenzhen Friends of the Road Group restructuring has signed a letter of intent.
Jade Cargo International, Air China Limited (Air China Limited, referred to as "Air China"), a subsidiary of Shenzhen Airlines Company Limited (Shenzhen Airlines Ltd., referred to as "ZH"), Deutsche Lufthansa (Deutsche Lufthansa AG) with a German Development Bank in a joint venture established in 2004, the three parties were holding 51%, 25% and 24% of the shares, the company has six Boeing 747-400ERF cargo aircraft.
Began last Christmas, Jade Cargo International, due to weak market demand and temporarily grounded all flights, and claimed that due to increase in last year's global economic uncertainty, customers cut orders, resulting in reduced China's air cargo, the company also suffered the loss.
According to the German Securities News reported, Jade Cargo International has been unable to pay jet fuel costs, in addition, its shareholders the ongoing transfer of equity negotiations are also grounded the main reason was negotiating for British Airways and British Virgin Atlantic Airways.
The Friends of the Road Group restructuring Jade Cargo details not be disclosed, restructuring Fangyou Road is also a low-key junior of the domestic logistics industry, mainly operating Azores Express and third-party logistics. Friends of the Road Company website data show that the company was founded in 1998, its business all over the road freight, air freight, logistics park, business travel, which owns four subsidiaries, namely the Friends of the Road Airways Limited, Friends of the Road Logistics Park Development Co., Ltd., Friends of the Road Logistics Co., Ltd. of Shenzhen City and Shenzhen City, Chang Yi Aviation Services Limited.
Where friends and Road airlines and their air base is located in Wuhan Airport, has three cargo aircraft, the few domestic private airlines with all-cargo aircraft.
In June last year, the Friends of the Road for the first time broke into the public eye, the company acquired Sinotrans the Chinese Mainland courier services, including all should express Limited ("All of a courier), Beijing Sinotrans Express Co., Ltd. and the Hong Kong Monetary fruit Express Co., Ltd. 100% equity.
A logistics industry sources, Sinotrans year cost of $ 300 million acquisition of the Chinese domestic express delivery business, overwhelmed by the resale Friends of the Road cost about the cost of 100 million yuan, can be described as very cheap. The person believes that the reorganization of the Department of the Jade Cargo, Lufthansa German Airlines is preparing to exit the Chinese market, urgent resale sale equity, it is estimated that the Friends of the Road have strong talk about price space.
Deutsche Lufthansa AG is one of the earliest foreign airlines to enter the Chinese freight market. According to these people in the industry, since the Jade Cargo sailing and did not meet the expectations of the German Lufthansa, its operating income is less than one fifth of the expected. In addition, Shenzhen Airlines equity issue has been unresolved, after Air reorganization, a series of changes to Jade Cargo encounter difficulties in financing. For the above reasons, Lufthansa German thinking about quitting.
purple head
2nd Mar 2012, 05:59
Picture of the company Unitop Airlines that seem to be going to take over Jade. This is their 747-200F based in Wuhan.
百度图片搜索_友和道通航空有限公司的搜索结果 (http://image.baidu.com/i?ct=503316480&z=&tn=baiduimagedetail&word=%D3%D1%BA%CD%B5%C0%CD%A8%BA%BD%BF%D5%D3%D0%CF%DE%B9%AB% CB%BE&in=4653&cl=2&lm=-1&st=&pn=3&rn=1&di=75434377590&ln=2000&fr=&fm=&fmq=1330671422311_R&ic=&s=&se=&sme=0&tab=&width=&height=&face=&is=&istype=#pn3&-1&di75434377590&objURLhttp%3A%2F%2Finfo.jctrans.com%2Fnews%2Fkyxw%2Fimages%2 F2011%2F7%2F5%2F47290.jpg&fromURLhttp%3A%2F%2Finfo.jctrans.com%2Fnews%2Fkyxw%2F2011751 029800.shtml&W500&H336&T10453&S28&TPjpg)