The fate of Jade Cargo International, a Lufthansa Cargo (LHC)/Shenzhen Airlines (ZH) joint venture that temporarily suspended operations Dec. 31 (ATW Daily News, Jan. 4), will be decided by the end of the first quarter. LHC chairman and CEO Karl-Ulrich Garnadt told ATW in Seoul, South Korea, that Jade’s air operator’s certificate remains and all salaries for employees have been paid. He said the carrier’s six Boeing 747-400Fs are on the ground and will be maintained. ...

Subscribe to Access this Entire Article

"CEO: Jade Cargo’s future to be decided by end of Q1 " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.