Air China, Sinotrans sign cooperation agreement

8/10/2009 10:10:09 AM

Flag carrier Air China has signed a strategic cooperation framework agreement with shipping company Sinotrans, Dow Jones reported.   Air China's unit, Air China Cargo, and Sinotrans will work together on product design and development, coordination on logistical issues, explore the possibility of joint investment in infrastructure building and jointly expand in overseas markets.   The airline may also consider establishing closer equity ties with Sinotrans's Shanghai-listed unit, Sinotrans Air Transportation Development.   Cargo News Asia

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