• Nna/kyodo

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Japanese logistics firm Konoike Transport Co. and Philippine aviation service firm MacroAsia Corp. have teamed up to develop airport ground operation staffing in Japan, where the number of foreign travelers is expected to increase.

Konoike will acquire a 20 percent stake in MacroAsia’s airport service unit, MacroAsia Airport Services Corp., while MacroAsia will acquire a 30 percent stake in Konoike Group’s affiliate, Japan Airport Service Co., according to a deal sealed Tuesday.

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