Express giants see value in new Chinese Guangzhou base
The new airport in Guangzhou has made the city more attractive for air express companies to make it their hub, although none has done so yet.
Air express company FedEx Express signed a Framework Agreement with the Guangzhou Baiyun International Airport Company in December with the intention of making it its Asia Pacific hub, but the plan was changed when the Philippines made concessions to keep FedEx in the country, including giving the American company “seventh freedom” rights, which allows a carrier to fly to other destinations from a hub without first passing its home base.
FedEx Express president, Asia Pacific, David Cunningham said the company was still considering how best to expand its hub operations in Asia.
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