With the MoU signed by Mr Marcel de Nooijer and Mr Zhao Fengsheng, SVP China Southern Cargo, in Guanzhou on 11 October 2017, we have taken the next step towards achieving our joint ambition of linking our respective route networks. This will enable us to offer expanded cargo services to our respective customers. Combining China Southern´s position in China and the Asia Pacific region with AFKLMP´s position in Europe, Africa and the transatlantic area, possibly by sharing capacity and space agreements, would be a key asset for the Cargo business.