Elbe Flugzeug Werke (EFW) has signed agreement with the Chinese HNA Aviation Group to convert Airbus A330 passenger aircraft into freighters starting next year.
European airlines are pulling out capacity or even leaving some routes completely while Chinese carriers are expanding their capacity to Europe substantially.
Liaoning Fangda Group—Hainan Airlines’ new shareholder—plans to use Chongqing airport as a hub to increase international routes out of the western China city.