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China Eastern and Shanghai Airlines towards merger?

Shanghai, China - They might get 50% of Shanghai's market

China Eastern and Shangai Airlines might shortly proceed to a merger that would give them control of up to 50% of Shangai's market. This is a key city in Chinese air transport industry. Liu Jiangbo, spokesman for China Eastern, confirmed this possibility to "Xinhua" press agency. "Starting June 8, China Eastern and Shanghai Airlines officially began their restructuring procedures", Liu said without...

AVIONEWS - World Aeronautical Press Agency - 1105573

AVIONEWS - World Aeronautical Press Agency
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