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Korean Air/Sinotrans JV to launch next year with three freighters

The Korean Air/Sinotrans joint venture cargo airline will launch between June and September 2007 with one 747F and two A300Fs based in Tianjin. Korean Air Cargo President Ken Choi told ATWOnline in Seoul that the initial three aircraft will come from KE, which will own 25% of the JV and provide its CEO and CFO. The A300Fs will be converted from passenger aircraft and the 747, either a dash 400F or one of six leased dash 200Fs KAC operates, will come from the carrier's freighter fleet. The JV ...

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