Shippers will have eight additional flights per week with coveted cargo space on the busy China-U.S. route after the U.S. Department of Transportation on Tuesday permitted four Chinese carriers to double the number of round-trip flights they operate.
The U.S. decision came in response to Chinese aviation authorities on Monday authorizing United Airlines (NASDAQ: UAL) and Delta Air Lines (NYSE: DAL) to increase service frequency from two times weekly to four times weekly.
The two governments...
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