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| DHL invests Rs 640 cr to enhance APAC network |
| Press Trust of India / New Delhi Jun 24, 2011, 19:44 IST |
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Global logistics firm DHL has invested about Rs 640 crore (100 million euros) in three big freighter aircrafts to enhance its Asia Pacific network.
"Operated by Air Hong Kong, a joint venture between Cathay Pacific and DHL, the three Boeing 747-400 Converted Freighters with a payload of 100 tonne each will service three high capacity routes six days a week: Tokyo-Hong Kong, Singapore-Hong Kong, Shanghai-Hong Kong," the company said.
The 100 million euros investment in three B747-400 BCFs – the biggest freighter aircraft in service – increases DHL's capacity, connectivity and service reliability, said CEO, DHL Express Asia Pacific, Jerry Hsu.
"It is a significant step up for DHL’s Asia Air Network - one we’re confident of because we have a clear, market-driven approach to our business," he said.
Currently, two general freighters each with a 45-tonne payload, ply direct routes between Tokyo-Hong Kong and Shanghai-Hong Kong.
By September 2011, the company said, these two freighters will be redeployed to service five weekly flights between Beijing-Hong Kong and Manila-Hong Kong, replacing two 24-tonne planes which will be retired.
The statement also added that the company was also on track to open its 120 million euros (over Rs 800 crore) North Asia Hub in early 2012.
Last month, the company had launched a new global marketing campaign, highlighting DHL’s international expertise and capabilities to meet the express shipping needs of all industries.
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