HONG KONG, May 25 (Reuters) – China is pushing the country’s three top airlines to merge their cargo operations in an effort to claw back business from foreign carriers that dominate the market, local media reported on Tuesday. Talks to merge the cargo operations of Air China , China Eastern and China Southern could put a cargo venture between Cathay Pacific and Air China at risk, a source …
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(AFX UK Focus) 2010-05-25 08:19 UPDATE 1-China urges air cargo merger -report
HONG KONG, May 25 (Reuters) – China is pushing the country’s three major airlines to merge their cargo operations in a bid to claw back business in a market dominated by foreign carriers, the South China Morning Post reported on Tuesday, citing sources. The three major airlines are Air China, China Eastern and China Southern . The newspaper citing an official from China Southern said a …
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(AFX UK Focus) 2010-05-25 02:45 China urges carriers’ to merge cargo business-paper
The prices of international flights and summer holidays abroad are expected to jump up as scheduled airlines, such as British Airways and Virgin Atlantic, and charter companies, such as Thomas Cook and Thomson, bid to claw back losses of tens of …
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