Monday, July 28, 2008

Air France and China Southern freight jv plans 93 flights a week in 2010

Air France-KLM and China Southern Airlines are planning to run 93 flights a week in the spring of 2010 under their planned cargo joint venture, La Tribune reported, citing unnamed sources.

According to the newspaper, the joint venture will operate from the airports of Tianjin, Shanghai and Canton, and aims to have 10 aircraft by Aug-09, increasing to 12 in Jul-10. Air France-KLM and China Southern said last month they plan to reach an agreement on the cargo joint venture by the end of the year.

Air France-KLM is to take a 25% stake in the joint venture, which La Tribune said represents an investment of between EUR70 million and EUR75 million.

No comments:

Enter your email address:

Delivered by FeedBurner