Market Chatter: China's Three Biggest Carriers Deepen Partnership With Middle Eastern Peers

MT Newswires Live06-10

Airline routes between China and the Middle East will increase as three of China's largest carriers â China Eastern Airlines (HKG:0670, SHA:600115), Air China (HKG:0753, SHA:601111) and China Southern Airlines (HKG:1055, SHA:600029) âdeepened their cooperation with their Middle eastern peers, Yicai Global reported June 7.

China Eastern Airlines signed a deal with Etihad Airways to open more routes between China and the United Arab Emirates as well as a non-binding agreement with Riyadh Air on code sharing, frequent flier programs, ground services, in-flight catering, aircraft maintenance, and digital operations, according to the report.

Air China also signed a similar deal with Riyadh Air and upgraded its code-sharing arrangement with Turkish Airlines, Yicai Global wrote.

China Southern Airlines also deepened its partnership with Qatar Airways by signing a non-binding agreement, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price (HKD): $2.17, Change: $, Percent Change: %

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