JI JAE Ceased operations 2011 Fleet size 6 | JAE JADE CARGO Destinations 10 Founded 2004 | |
 | ||
Parent company Jade Cargo International Company Ltd. Hub | ||
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. 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.
Contents
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. It was the first cargo airline in China with foreign ownership and had 350 employees (as of March 2009).
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.
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:
Destinations served regularly:
Seasonal and Charter destinations:
Fleet
The Jade Cargo International fleet consisted of the following aircraft (as of June 2015):