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Unlike the Shenzhen-based Jade Cargo, which officially folded in June, and the Tianjin-based Grandstar Air Cargo, which suspended operations in May, CDI Cargo Airlines is targeting the domestic Chinese market for growth. Zhang believes this distinction will help the carrier offset some of the declines seen in the Asia-Pacific lately.
"No doubt that all long-haul/wide-body freighter operators are suffering a tough time at the moment, based on the current weak demand situation of international markets," Zhang said. "But most of the domestic/narrow-body freighter operators are performing well, due to booming domestic demand." The Chinese express sector has been performing especially well recently, Zhang added, as evidenced by the sector's nearly 30 percent CAGR increase.
But CDI Cargo sees potential beyond its domestic market.
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