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26.09.2016 | 13:35

Lufthansa and Air China consolidation

The largest world companies created joint venture.

The largest German air carrier, Lufthansa and, Chinese third in scale air company, Air China agreed on joint venture which will provide transportations between Europe and China. Two companies account on optimization of costs for flight arrangements and propose better tariffs. 

Contract covers also Austrian Airlines and Swiss, branches of German group. 

References in the article: lufthansa, air china, m&a
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