Chinese Freight Company Buys German Airport | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-Unlimited-04.23.24

Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

Tue, Jul 03, 2007

Chinese Freight Company Buys German Airport

Beat Out Competition Including Emirates, FedEx

The purchase of the Parchim Airport, near Hamburg, Germany, by Zhengzhou, China-based freight-forwarding company LinkGlobal Logistics was given final approval by the interior ministry of Mecklenburg-West Pomerania state.

The company assumed operations Monday, according to the China Times.

Pang Yuliang, LinkGlobal chairman, beat out 10 other competitors -- including FedEx, Hamburg Airport and Dubai-based Emirates -- for the $130 million deal. The company now owns 100 percent property rights to the airport and its facilities, as well as land in an economic cooperation zone.

The company reportedly plans to run air cargo services as well as weekly passenger charter flights between China and Germany.

One attractive factor about SZW, while many airports in Germany attempt to control noise by banning air traffic after midnight, SZW is allowed to operate around-the-clock.

SZW is a former Soviet airbase and was intended to become a provincial airport in the 1990s but lost money after failing to attract business. The airport now specializes in air freight.

FMI: www.airport-parchim.de, www.globallinklogistics.com

Advertisement

More News

Unfortunate... ANN/SportPlane Resource Guide Adds To Cautionary Advisories

The Industry Continues to be Rocked By Some Questionable Operations Recent investigations and a great deal of data has resulted in ANN’s SportPlane Resource Guide’s rep>[...]

ANN FAQ: Turn On Post Notifications

Make Sure You NEVER Miss A New Story From Aero-News Network Do you ever feel like you never see posts from a certain person or page on Facebook or Instagram? Here’s how you c>[...]

ANN's Daily Aero-Term (04.29.24): Visual Approach Slope Indicator (VASI)

Visual Approach Slope Indicator (VASI) An airport lighting facility providing vertical visual approach slope guidance to aircraft during approach to landing by radiating a directio>[...]

ANN's Daily Aero-Term (04.28.24): Airport Marking Aids

Airport Marking Aids Markings used on runway and taxiway surfaces to identify a specific runway, a runway threshold, a centerline, a hold line, etc. A runway should be marked in ac>[...]

ANN's Daily Aero-Linx (04.28.24)

Aero Linx: The Skyhawk Association The Skyhawk Association is a non-profit organization founded by former Skyhawk Pilots which is open to anyone with an affinity for the A-4 Skyhaw>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC