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Jade Cargo International

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Jade Cargo International
翡翠国际货运航空有限公司
Fěicùi Guójì Huòyùn Hángkōng Yŏuxiàn Gōngsī
IATA ICAO Call sign
JI JAE JADE CARGO
Founded2004
Ceased operations2011
HubsShenzhen Bao'an International Airport (SZX)
Fleet size6
Destinations10
Parent companyJade Cargo International Company Ltd.
HeadquartersShenzhen Bao'an International Airport
Bao'an District, Shenzhen, Guangdong, China
Key peopleFeng Gang (Chairman of the Board), Frank Naeve (Chief Executive Officer)
Websitejadecargo.com

Jade Cargo International was a cargo airline with its headquarters on the sixth floor of the Shenzhen Airlines Flight Operations Building at Shenzhen Bao'an International Airport, Bao'an District, Shenzhen, Guangdong, China.[1] It operated regular cargo services to Asia, Europe, South East Asia and the Middle East, plus a host of other worldwide destinations. It main base was Shenzhen Bao'an International Airport.[2]

History

Jade Cargo International was established in October 2004 and was co-owned by Shenzhen Airlines, which had a 51% stake, Lufthansa Cargo with 25% and DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, a subsidiary of German state-owned bank KfW – with 24%. It started operations in August, 2006.[3] It was the first cargo airline in China with foreign ownership and had 350 employees (as of March 2009).[4]

In December 25, 2011, flew its last scheduled flight, as JI7466 from Frankfurt (FRA) to Shanghai (PVG), via Shenyang (SHE), and a few days later, on December 31, 2011, officially grounded its fleet, citing a combination of lack of demand and “extended discussions” with Jade Cargo’s other owners, with the service suspension lasting for several weeks until new funding was to be found through UniTop Group, which had plans to restructure the airline.[3][5]

Late in May, 2012, UniTop withdrew its Letter of Intent (LOI) for the restructuring plans. Immediately Jade Cargo Int'l officially announced the closure of the company and the start of liquidation proceedings effective June 4, 2012.

Destinations

Jade Cargo served the following cities as of December 2011:[6]

Destinations served regularly:

Seasonal and Charter destinations:

Fleet

Jade Cargo International Boeing 747-400 in 2011.

The Jade Cargo International fleet consisted of the following aircraft (as of June 2015):[7]

Jade Cargo International Fleet
Aircraft In fleet Order Option Engine Notes
Boeing 747-400ERF 3 (Stored) 0 0 GE CF6-80C2 3 Stored in SZX, 3 to other operators

See also

References

  1. ^ "Contact Us." "Jade Cargo International Company Limited Shenzhen Airlines Flight Operations Building , 6/F Baoan International Airport 518128 Shenzhen , Guangdong , P.R.C"
  2. ^ "Directory: World Airlines". Flight International. April 3, 2007. pp. 95–96.
  3. ^ a b "Struggling Jade Cargo forced to ground 747 fleet". Flight International. December 30, 2011. Archived from the original on January 1, 2012. Retrieved January 1, 2012.
  4. ^ Jade Cargo International – News
  5. ^ Jade finds new investment from UniTop
  6. ^ Jade Cargo Revised Winter Schedule. Retrieved February 18, 2012.
  7. ^ Jade Cargo fleet (Planespotters)
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