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Cargo Newswire

Challenge Group Signs MOU with China Henan Aviation Co., Ltd. at Air Cargo China

June 27, 2024
in Handlers
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Challenge Group has announced the signing of a Memorandum of Understanding (MOU) with China Henan Aviation Co., Ltd., the holding company owning CGO Airport, during a signing ceremony held yesterday at the Air Cargo China trade show.

The MOU was signed on 25th June by Mr. Yossi Shoukroun, CEO of Challenge Group, and Mr. Liu Jianming, Vice President of China Henan Aviation Co. Ltd. At the presence of Hon.Sun Shougang, Executive Vice Governor of Henan Province and Mr. Offer Gilboa, Founder of the Challenge Group.

This agreement marks a significant step in expanding Challenge Group’s footprint in China. It will increase flight frequency, enhance connectivity (RFS), and boost capacity for e-commerce and other commodities. Currently operating five flights per week, Challenge Group plans to increase this number, further solidifying CGO Airport as a multimodal hub for penetrating the Chinese market 

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The state-of-the-art CGO dual hub is fully equipped for optimal operations throughout the supply chain, combining highly trained staff with cutting-edge automation tools and line maintenance activity. The hub plays a crucial role in feeding important destinations in and out of China with road feeder service and rail links.

“We are very pleased with this agreement, which aligns with Challenge Group’s expansion plan and corporate values,” said Yossi Shoukroun, CEO of Challenge Group. “This partnership supports our business model based on strategic collaborations and strengthens our position in the global logistics industry.”

This collaboration comes just two months after the merger of CGO Airport and Henan Civil Aviation Development and Investment Co., Ltd. (HNCA) into a new group, enhancing the strategic significance of this MOU.

Challenge Group’s service offering will be complemented by expert end-to-end solutions and last-mile delivery services, ensuring seamless operations and improved service quality for customers.

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Devender Grover

Devender Grover

Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.

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