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DHL to invest $40 million
POSTED: 9:15 a.m. EDT, June 8,2007
DHL, the express carrier and logistics provider, has a new, dedicated flight connecting Qingdao and Hangzhou with its central Asia hub in Hong Kong. The carrier has already started gateway operations at the Hangzhou International Airport. These latest investments are part of the planned $110 million investment in its China business in the next few years.

The new ten-time weekly flight, operated by a Yangtze River Express Airlines 737-300 freighter aircraft with a payload capacity of 13 tons, marks Hangzhou Airport¨s first international air express cargo connection.

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