YTO Express begins cargo ops out of Shanghai

Chinese start-up cargo carrier YTO Express Airlines – backed by one of China’s largest express operators YTO Express – has launched international charter services from its base at Hangzhou near Shanghai, using a fleet of six converted B737 freighters from 10 March.


YTO Express begins cargo ops out of Shanghai


Chinese start-up cargo carrier YTO Express Airlines – backed by one of China’s largest express operators YTO Express – has launched international charter services from its base at Hangzhou near Shanghai, using a fleet of six converted B737 freighters from 10 March. The service will operate the Shanghai-Incheon-Qingdao-Hong Kong-Shanghai route out of Shanghai’s Pudong International Airport (PVG) initially, with the company saying it will be based out of Xiahshan Airport (HGH) in Hangzhou 150km southwest of Shanghai.

The carrier received approval from the Civil Aviation Authority of China (CAAC) in July 2014 and is licensed to operate domestic (including Hong Kong, Macau and Taiwan), as well as international cargo services – the first private cargo carrier in China to achieve this.YTO Express has 72 transhipment centres and more than 7,000 branches covering 2,100 cities across China, of which 118 cities can be reached by air.

The carrier plans to expand its fleet to 15 B737Fs within the next three years as it aims to boost the efficiency of its delivery platform in Northeast Asia.

Last year YTO Express handled 1.5 billion parcels and has said it will experience average annual growth rate of 50 per cent by 2020, thanks to the surging e-commerce boom in China which is forecast to grow in the neighbourhood of 64 per cent this year, with sales exceeding US$1.5 trillion in 2014, a 20 per cent increase from the year before.