Tue, Jul 03, 2007
Beat Out Competition Including Emirates, FedEx
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
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.
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