Former freighter carrier Jade Cargo International will auction off three Boeing 747-400 Freighters on 26 October, according to reports in China.
The World Civil Aviation Resource Net says this follows an announcement by the Shenzhen Jiajintai Auction on 9 September.
Jade Cargo will reportedly start the bidding at 1.32 billion yuan ($207 million) for the three 747-400Fs.
The carrier was set up in October 2004 as a joint venture between Shenzhen Airlines (51 per cent), Lufthansa (25 per cent) and German development finance institute DEG (24 per cent). It was based at Shenzhen Bao’an International Airport.
But on 4 June 2012, the closure of Jade Cargo was announced due to financial difficulties and liquidation proceedings began on 4 June 2012.
Jade Cargo operated its last flight on 25 December 2011 and its fleet was grounded on 31 December 2011.
The carrier did sign a letter of intent with UniTop on its restructuring in February 2012, but UniTop withdrew in May 2012.
RECARO Aircraft Seating is celebrating the 80th anniversary of Scandinavian Airlines with a unique collection of 80 customized RECARO Gaming Nxt chairs created exclusively for the carrier. Repres...
Air France was among the leading winners at the Skytrax World Airline Awards, held in London on September 18, 2026, earning multiple distinctions that highlight the excellence of its products and cust...
ExecuJet MRO Services Australia successfully completed a major 20-year scheduled airframe inspection on an Indonesian-registered Embraer Legacy 600 at its Sydney facility, further demonstrating t...
The Star Alliance Lounge at Paris Charles de Gaulle Airport has been named the World’s Best Airline Alliance Lounge at the 2026 Skytrax World Airline Awards, securing the prestigious title for a...
