New China-based cargo carrier linked to JD.com prepares for launch

By Damian Brett

Source: JD.Com

A new China-based cargo airline with links to e-commerce firm JD.com has gained preliminary approval to begin flights.

Reports suggest that Jiangsu Jingdong Cargo Airlines will be 75% owned by Suqian Jindong Zhanrui Enterprise Management, which is in turn controlled by JD.com founder Richard Liu.

The airline, which received approval from the Civil Aviation Administration of China (CAAC) earlier this month, will be based in Nantong and will have Y600m in capital.

The carrier will utilise a fleet of B737-800 freighters on domestic and international services.

The remaining 25% of the company will be owned by Nantong Airport Group.

In partnership with airlines, JD.Com has been expanding its air cargo network over recent months as it looks to meet growing e-commerce demand and speed up delivery times.

In June it added its first China-US flights and in May it added services to Bangkok.

Share this story

Related Topics

Latest asia news

Korean Air feels impact of cargo demand drop

By Mike Bryant

Seoul, South Korea-headquartered Korean Air is feeling the impact of the drop in global air cargo demand, as reflected in…

Read More

Share this story

Topo Solutions expands in Hong Kong to meet rising demand

By Mike Bryant

Hong Kong-headquartered software as a service (SaaS) provider Topo Solutions has expanded its available office space in Hong Kong’s Central…

Read More

Share this story

Qatar Airways Cargo adds Malaysia capacity via a preighter

By Rebecca Jeffrey

Qatar Airways Cargo said it will bring cargo capacity back to Penang, Malaysia from February 2 by operating an Airbus…

Read More

Share this story

Damian Brett

Damian Brett
I have been writing about the freight and logistics industry since 2007 when I joined International Freighting Weekly to cover the shipping sector. After a stint in PR, I have gone on to work for Containerisation International and Lloyds List - where I was editor of container shipping - before joining Air Cargo News in 2015. Contact me on [email protected]