Jayud Announces New Air Charter Service Agreement With JD Airlines; New Charter Service From Shenzhen To Clark, Philippines, With Over 100 Round Trips Planned To Boost Cargo Capacity And Trade Relations
Portfolio Pulse from Benzinga Newsdesk
Jayud Global Logistics Limited (NASDAQ:JYD) has announced a new air charter service agreement with JD Airlines to establish a route from Shenzhen to Clark, Philippines. The service will start on December 16, 2023, with over 100 round trips planned within a year, aiming to boost cargo capacity and trade relations between China and the Philippines. This expansion of Jayud's air freight capabilities is expected to enhance global trade connectivity.
December 19, 2023 | 1:13 pm
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POSITIVE IMPACT
Jayud's new air charter service with JD Airlines is likely to enhance its air freight capabilities and could lead to increased revenues from the Shenzhen-Clark route.
The announcement of a new air charter service agreement is a positive development for Jayud, indicating potential growth in its logistics operations and revenue. The commitment to over 100 round trips suggests confidence in the demand for this service, which could positively impact the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100