Cathay 'confident' of Air China okay

Hong Kong-based Cathay Pacific says it still has not received permission from the Mainland Chinese government to complete an airfreight joint venture with Air China, although Cathay ceo Tony Tyler says he's confident of an okay, despite China's initiative to form a Chinese three- airline cargo giant carrier that includes Air China.

Cathay 'confident' of Air China okay

Hong Kong-based Cathay Pacific says it still has not received permission from the Mainland Chinese government to complete an airfreight joint venture with Air China, although Cathay ceo Tony Tyler says he's confident of an okay, despite China's initiative to form a Chinese three- airline cargo giant carrier that includes Air China.