[photopress:logositics_irfrance_klm.jpg,full,alignright]On June 21, last year we reported China Southern Airlines, China’s largest carrier by fleet size, planned to form a cargo venture with Air France-KLM Group. Then on July 5, 2007 we reported an agreement to sign an agreement had been signed. Now the story is that it plans to form a cargo venture with Air France-KLM Group this year.
So, yes, it is taking a while but it is happening.
Chinese airlines are handling more cargo because of growing exports of computer equipment, mobile phones and auto parts. World air cargo traffic will likely grow at an average annual rate of 6.1% in the next 20 years, according to Boeing.
China Southern Airlines flew 57 million passengers and 863,000 tonnes of cargo last year.
Source: The Star