SHANGHAI — Cargo Facts Asia 2025 kicks off today in Shanghai, marking the event’s return to China for the first time since 2019.

Meanwhile, Air Incheon, a Seoul, South Korea-based cargo carrier with four Boeing 737-800 converted freighters in its fleet, will take over Asiana Cargo and its assets, including aircraft.

Asiana Airlines held an extraordinary general meeting on the 25th and approved the partitioning merger contract with Air Incheon, concluding the procedures for the sale of its cargo business.

August 7, 2024 Asiana to sell air cargo unit to Air Incheon for $342 mln Asiana Airlines' cargo unit will be sold to South Korean cargo carrier Air Incheon for 470 billion won ($342 million ...

The airline does have to make some significant concessions to gain the approvals it needed for the merger - such as divesting the Asiana cargo unit - but overall the deal is still very positive for ...