Air China and Cathay Pacific Expand Collaborative Framework Agreement

Air China ( (HK:0753) ) just unveiled an announcement.

Air China and Cathay Pacific have entered into a New Framework Agreement to continue and expand their collaborative transactions beyond 2025. This agreement, which includes interline arrangements, code sharing, and other services, aims to enhance operational flexibility and management efficiency by including each party’s 30%-controlled corporations. The agreement is subject to shareholder approval and aims to deepen the partnership between the two airlines, potentially impacting their industry positioning and stakeholder relationships.

More about Air China

Air China is a major airline company based in the People’s Republic of China, providing passenger and cargo air transportation services. It is a substantial shareholder in Cathay Pacific Airways, a Hong Kong-based airline, and is involved in various collaborative agreements with Cathay Pacific to enhance operational efficiencies and expand service offerings.

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