18/06/2010 (Agence Europe) - The European Commission has cleared the acquisition by Cathay Pacific Airways of a stake in Air China Cargo, currently wholly-owned by Air China. As a result, the two companies will have joint control in the air cargo company. Air China and Cathay Pacific are both present in air cargo transport between Europe and China (mainly to and from the Pearl River Delta region, which encompasses Hong Kong, Shenzhen and Guangzhou, in southern China), a Commission press...