1055 joinging Skyteam soon, expanding to Europe route, my target $14.
Further to my last post to 1055
1055, China Southern Airlines is expected to join Skyteam soon, expanding its reach to European market through its network members.
Through its alliance with Airfrance/KLM (founding member of Skyteam), CSA will gain much needed exptertise and management skills to operate its international routes. CSA makes most of its money from domestic routes.
CSA has opened many international routes recently, with Skyteam and the strongest domestic routes, it can gradually build a true global network.
Mid term target: $14. if it can breake $15, we will see $20 mark.