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Air France-KLM creates single joint venture with Chinese partners

Reuters

PARIS (Reuters) - Air France, KLM (AIRF.PA), China Southern Airlines and Xiamen Airlines will merge their existing joint venture agreements, the Franco-Dutch airline group said on Monday.

The single joint venture for travel between Air France-KLM's Paris and Amsterdam hubs in Europe and Chinese cities will strengthen the two airlines' position on the growing Chinese air transport market, Air France-KLM said in a statement.

(Reporting by Michel Rose; Editing by Leigh Thomas)