CMA CGM Air Cargo fleet almost doubles with Air Belgium buy
CMA CGM Air Cargo has expanded via the acquisition of Air Belgium’s cargo operations. The deal ...
Hanjin Group is getting larger: this week it agreed a funding deal which will see it lend €68m to subsidiary Korean Air so it can buy rival Korean carrier Asiana. Korean Air will also increase its capital by €1.9bn by issuing new shares. There has been no word as yet on the merging of the cargo businesses, but Asiana operates 12 freighters, adding a significant list to KAL’s operation.
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