ACE – Cargolux China will fail, say customers

ACE – Cargolux China will fail, say customers

CARGOLUX China will be a commercial calamity and hugely unprofitable, especially in its formative years, warn senior customers, suppliers and decision-makers in a provocative analysis by Thelma Etim.

A report passed to aircargoeye.com confirms the Luxembourg/China joint venture cannot get off the ground without US$810m in Chinese government subsidies being pumped into it.

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Skills

Posted on

July 21, 2016

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