China Post & Lufthansa cargo have come up with a strategic agreement of sharing Boeing 777 freighter cargo capacity on Shanghai - Frankfurt route.
Lufthansa airlines (LH) will provide block space to China Post on its freighter & passenger aircraft on regular basis. Currently LH is operating 18 wide body aircrafts &10 weekly 777F weekly out of China .
Both China Post & LH airlines is exploring to develop new international routes also to explore new markets .
Earlier China Post was planning to develop international routes but this agreement with LH airlines indicates alternate strategy.
Earlier China Post was planning to develop international routes but this agreement with LH airlines indicates alternate strategy.