China’s Hainan Airlines has signed up Globe Air Cargo (GAC) Switzerland, part of the ECS Group, as its cargo sales & services agent for the carrier’s belly capacity between Zurich (ZRH) and Shenzhen (SZX).
Hainan was previously represented in Zurich through an offline GSA contract and this new service marks the first scheduled service between Switzerland and the southern Chinese city of Shenzhen.
Aside from Shenzhen, GAC will also market Hainan Airline’s other key services including routes to Hong-Kong (HKG), Guangzhou Baiyun (CAN) and Shanghai-Pudong (PVG).
The cargo activities of Hainan Airlines ex-Zurich will focus on instruments, pharmaceuticals and industrial components, GAC said. Hainan will be operating a twice-weekly B787 Dreamliner on the route offering 12-16 tonnes of cargo capacity, which GAC says could generate nearly 900 tonnes of cargo annually annually for Hainan Airlines.
“Hainan Airlines is back to Switzerland and ECS Group is extremely proud to be part of this. Our Swiss subsidiary (GAC CH) has been active for more than 23 years in this industry and they will put all their experience to improve the revenue of Hainan Airlines on cargo activities,” Adrien Thominet, CEO of the ECS Group says.
Hainan Airlines is a unit of the HNA Group, one of China‘s largest and most indebted business groups which is currently working on a strategy to streamline its asset portfolio and improve overall financial performance. This strategy has seen a major sell-off of its stakes in various companies, real-estate holdings, etc, as the group seeks to shrink back to its aviation core. Last week the Hainan Airlines unit sold its stake in Beijing Guosheng Property Management to China Vanke, a leading property developer in China for CNY 557 million (USD 81 million).