June 16, 2007

Lufthansa in talks with India's Jet on freight cooperation

Frankfurt - German carrier Lufthansa said on Friday it was in discussions about launching a joint freight venture with Indian airline Jet Airways.

A spokesman for Lufthansa Cargo said it was also discussing similar moves with other potential partners.

Jet's founder and majority shareholder Naresh Goyal told Friday's edition of German business daily Handelsblatt: "We are discussing with Lufthansa about creating a joint freight subsidiary."

Lufthansa already owns a 25-per cent share in Chinese operator Jade Cargo International.

Agence France Presse

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