China Southern Airlines and Air France KLM have entered into exclusive talks to launch a joint venture cargo carrier in China, AF KLM Vice Chairman and KLM President and CEO Leo van Wijk revealed recently in Beijing. China Southern previously said it expects to launch a cargo JV by the end of 2007. The carriers currently are negotiating ownership share and where to base the JV. Earlier this year, China Southern Vice MD Xu Jiebo said a foreign airline would hold a 49% stake in a cargo JV, the ...

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