Delta Air Lines Inc has announced its departure from its US cargo joint venture with Air France-KLM and Korean Air as of January. The move follows Delta's decision to merge with US rival Northwest Airlines. The cargo joint venture has annual turnover of US$500 million. Air France and Korean Air will continue with the the joint venture. … [Read more...] about Delta Air Lines quits US cargo joint venture
Air France-KLM
Europe/CIS: Lufthansa, Air France- KLM volumes drop
Lufthansa, Europe’s biggest cargo airline, reported a sharp drop in freight traffic in August from a year ago as the residual impact of strike action in July ended several months of strong gains. The German carrier said the 8 per cent year-on-year decline in cargo carried on its freighters and passenger aircraft to 152,000 tonnes was also due in part to the economic slowdown in the Americas, its fastestgrowing market over the past year. Lufthansa Cargo, Lufthansa’s standalone … [Read more...] about Europe/CIS: Lufthansa, Air France- KLM volumes drop