TransGlobal Airways cargo airline based in China to infuse about $10 million in Philippine former Clark Air Base

TransGlobal Airways, a cargo airline based in China, will infuse about $10 million worth of investments in the next five years for its operations at the Diosdado Macapagal International Airport. TransGlobal had already signed a deal to mount China-Clark-China twice weekly flights. Trans Global is expected to start operations next month with a maiden flight between Clark and Zhunai, China which is part of the highly industrialized Zhenzen Economic Zone near Macao and Hong Kong. The firm will be the third cargo airline that would operate in Clark. The first is United Parcel Services, which has made the Clark Aviation Complex its Intra Asia hub and the Royal Cargo which flies once a week in Clark. Trans Global will have a minimum P10 million in the first year of operations, increasing this to P540 mil-lion or $10 million in the next year five years. The contract also stipulated that the air cargo firm will build its own hangar inside the aviation complex to complement operations in Clark. TransGlobal will use Boeing 737-200 cargo planes in transporting goods to several key destinations in China. more from BusinessWorld: