June 11, 2018 / 7:48 AM / 2 months ago

Turkish Airlines to form venture with ZTO Express and Pal Air

ISTANBUL, June 11 (Reuters) - Turkish Airlines, China’s ZTO Express and Hong Kong’s Pal Air will form a logistics company in Hong Kong, the chairman of Turkish Airlines said on Monday.

Ilker Ayci also said the venture, Global Ekspres, will see $2 billion of revenue in 5 years. (Reporting by Can Sezer; Editing by David Dolan)

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