Topic: Partnerships
Cathay and Air China form joint cargo venture
AFP Asian Edition
Hong Kong carrier Cathay Pacific said Thursday it would form a joint venture with Air China to capture the lucrative air cargo business in two top Chinese manufacturing centres as exports rebound. Cathay said in a statement it would acquire a 49 percent stake in Air China Cargo (ACC), the ...
Cemex closes sale of quarries, assets for $420 mln
AP News
Cemex closes sale of quarries, assets to investment firm for $420 millionMexican building supplies giant Cemex SAB de CV said Monday that a joint venture in which it has a 49.9 percent stake has completed the sale of 12 active quarries in the United States and other assets for ...
Air France, Japan Airlines mull joint venture
AFP Global Edition
Air France-KLM and Japan Airlines are discussing joining forces on flights between France and Japan to share costs and revenues, a French daily reported on Monday, but the companies denied any such plans. Under the joint venture, the two airlines would harmonise their prices, schedules and business practices, La Tribune ...
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