Jade Cargo may be liquidated as China’s UniTop abandons restructuring plan

Jade Cargo International (JI)—a Lufthansa Cargo (LHC)/Shenzhen Airlines (ZH) joint venture that struck a deal with China’s UniTop in March—may be liquidated after China’s UniTop abandoned its restructuring plan (ATW Daily News, March 2). An industry insider said UniTop gave up its restructuring plan...

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