01-Dec-2010 3:32 PM
Delta hoping for China JV in future; Copa Airlines announces largest ever aircraft order
Analysis
Delta Air Lines (-3.3%) led North and South American airline stocks lower on Tuesday (30-Nov-2010). The decline was despite CEO Richard Anderson stating, in the long-term, the carrier hopes to work with China Eastern Airlines and China Southern Airlines to establish a JV company. "China is the world's fastest growing aviation market and is expected to maintain double-digit growth over the next few years," he said.
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