Lufthansa, China's Jade in talks to fly cargo to India

Frankfurt: Lufthansa Cargo AG, an autonomous division of Germany's national passenger and cargo carrier Lufthansa Group AG, has said it is in talks with a Chinese cargo carrier to bring cargo in and out of India.
"We are currently speaking with Jade Airways to fly in cargo from Shanghai to India," Martin V. Schlingensiepen, vice president (Asia-Pacific), Lufthansa Cargo, told a visiting IANS correspondent.
The Chinese cargo airline Jade Cargo International was founded in 2004 by Lufthansa Cargo, which holds 25 percent operational equity stake in it.
With a transport volume of more than 1.76 million tonnes of freight and mail Lufthansa currently operates a fleet of 19 of its own aircraft and has several other freighters on charter.
He however did not rule out partnering with other airlines to boost its cargo business in India.
Lufthansa Cargo is also eagerly waiting for the new Bangalore and Hyderabad airports to come up that would act as major cargo hubs for the company.
It is also in talks with Jet Airways to launch a full-fledged cargo airline. Jet, in the meantime, has already announced its plans to launch its own cargo airline by the end of this year.
Both Lufthansa Cargo and Jet Airways are also exploring possibilities to ship cargo on their regular flights in and out to Germany.
09/06/07 Economic Times

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Categories: Cargo Jun 2007, Foreign Jun 2007, Jet Airways Jun 2007