Global express freight provider DHL Express and subsidiary cargo carrier Air Hong Kong have agreed to a 15-year block space agreement that will extend Air Hong Kong’s support of DHL Express’ network through 2033. Bonn, Germany-based DHL Express is set to sell its 40% minority stake in Air Hong Kong to Cathay Pacific Dec. 31, 2018, making Cathay the sole owner. Cathay entered into a joint venture with DHL to manage Air Hong Kong in 2002. The JV—set to expire at the end of ...

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