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CHINA AIRLINES TO BUY A 25% STAKE IN CHINA CARGO AIRLINES

PEKING, China Airlines received the green light from the Chinese government to buy a 25% stake in China Cargo Airlines. Beijing has also given Cathay Pacific the nod to take a 10% stake in the airline. China Eastern holds the majority of China Cargo Airlines.

AVIONEWS - World Aeronautical Press Agency - 13357
Rome, Italy, 05/30/2001 12:30
AVIONEWS - World Aeronautical Press Agency

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