|
Air France-KLM and China Southern
Airlines have signed a Framework Agreement for the development of a Sino-European
Cargo Joint Venture between both companies.
This ambitious project, which is still subject to required approvals and consultations,
is expected to be completed by year end.
Mr. Liu Shao Yong, Chairman of the Board of China Southern Airlines
said, "The signing of the Framework Agreement marks an important milestone for China
Southern in its efforts to strengthen its core competitiveness. This Framework Agreement is an important step towards a Sino-European
Cargo Joint Venture that will clearly provide China Southern with a viable option to optimize the use of its network. This project represents
an alignment of interests and objectives between the two companies and we are confident it will succeed."
China Southern Airlines operates more than 600 domestic and international routes with destinations to 152 cities throughout China and the world, forming
an extensive network, with Guangzhou and Beijing as its hubs.
Air France, KLM and China Southern are
all members of the SkyTeam global alliance.
See
other recent news regarding:
Airlines,
Aviation,
Flights,
Hotels, Promotions,
New
Hotels, Air
France, KLM,
China
Southern Airlines, Cargo
|
