UPS announce first US air hub in China
UPS and the Shanghai Airport Authority conducted a formal signing ceremony in another step toward construction of the UPS International Air Hub at Pudong International Airport in Shanghai. Presiding over the ceremony were US Transportation Secretary Mary Peters and Vice Mayor of Shanghai Yang Xiong.
The UPS International Air Hub, scheduled to open in 2008, will be the first constructed by a US carrier and will link all of China via Shanghai to UPS’s international network with direct service to the Americas, Europe, and Asia. It also will connect points served in China by UPS through a dedicated service provided by Yangtze River Express, a Chinese all-cargo airline.
The ceremony marked the signing of the operating agreement and lease contract for the hub. These agreements are a direct result of the Agreement on Sino-US Civil Aviation Transportation Air Services signed by the Chinese and US governments in July 2004.
Over the past five years, UPS has invested approximately USD 600 million in China, including its successful transition to become the first wholly owned foreign express carrier in China.
When the hub opens, it will operate 24 hours a day, seven days a week, and UPS will increase its capacity into Shanghai by “up-sizing” aircraft from the current MD-11s to Boeing 747-400s.
