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LHC Finds Jade Cargo Investor
March 22, 2012
Lufthansa Cargo has signed a letter of intent to sell its 25% share in money-losing Jade Cargo to Shenzhen-based Unitop Logistics Co. CEO Karl Ulrich Garnadt expects the sale to be completed in the second half of this year. Jade Cargo operated six Boeing 747-400Fs until being grounded in late 2011...
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