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Cargo joint-venture between Air China and Cathay Pacific by the end of the year?

Shanghai, China - The deal already reached in 2006

Air China and Cathay Pacific airlines might establish a new cargo joint-venture already by the end of this year. Currently they would be discussing the fleet composition and the routes of the new company, as the stock participation of the two carriers. According to a spokeswoman for Air China this would control 51% of the new cargo operator, that will be based in Shanghai. Local media reported that...

AVIONEWS - World Aeronautical Press Agency - 1108604

AVIONEWS - World Aeronautical Press Agency
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