Tianjin-based Grandstar Cargo begins Operations

Grandstar Cargo International Airlines has started official operations with an inauguration flight from Tianjin to Frankfurt using a Boeing 747-400 freighter.

Grandstar Cargo International Airlines was established in December 2007 as a joint venture cargo airline among Sinotrans Air Transportation Development (51%), Korean Airlines (25%), Hana Capital (13%), and Shinhan Capital (11%). Its business scope covers domestic and international cargo and mail air transportation and relevant business; leasing of aircraft for self-use; repair and maintenance of self-used aircraft; aircraft charter business; inter-airline agency services; import and export services and related ground services.

Grandstar Cargo is headquartered and based in Tianjin, which is fast growing as one of the most important hubs for airfreight in China, and its geographic location as the gateway to Beijing will provide an ideal opportunity for Grandstar Cargo’s prospective development. Combining the advantages of advanced management experience and  superior technology of both China and Korea in air cargo transportation, Grandstar Cargo not only provides a favorable platform for cargo collection and distribution in Tianjin and its surrounding area, which enables Tianjin Airport to have a broader route network, but also accelerates the establishment of air logistics center in China and even Northeast Asia.

With full-cargo aircraft for operations, Grandstar Cargo will mainly provide international scheduled and non-scheduled air cargo transportation services. Currently, Grandstar Cargo has established branches in Europe and Shanghai and plans to expand to major cities around the world in the future. After the inauguration flight to Europe with the first Boeing 747-400F, Grandstar Cargo will fly to the U.S.A and other cities when the second Boeing 747-400F and two Airbus A300-600Fs are added to its fleet during 2008.

Mr. Lee Kwang Sa, President & CEO of Grandstar Cargo International Airlines Co., Ltd., said, "Grandstar Cargo will set a brand-new standard for China’s air cargo industry, and become the leader of cargo carriers in China. Grandstar, in combination with Korean Air's cargo knowledge and expertise as the world’s top cargo airline for 4 consecutive years and Sinoair's vast logistics network in China, will provide comprehensive and customer-oriented international air cargo services to its customers."

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