Cargolux Signs Joint Venture to Establish New Cargo Airline

According to Air Cargo World, Cargolux, HNCA, the Henan Airport Group, and the Xinggang Investment Group Company signed a joint venture equity contract establishing Henan Cargo Airlines, a cargo airline that will operate under a Chinese air operator certificate (AOC). The first revenue flight is set to take place during the fourth quarter of 2018. Cargolux called the deal, “a major landmark and step forward in the launching of a resident cargo airline operating out of Zhenzhou under a Chinese AOC.”