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Air China backs down on fusion with China Southern

Hong Kong , China - New announcement of the management. Share suspended

After the Wednesday announcement in which the Air China headquarters "Did not exclude the possibility of a group restructuring with sister companies, including China Southern", President Cai Jianjiang stated yesterday to reporters that "Up to present, the company has no plan to conduct any reorganisation, mergers, acquisitions or asset injection with other airline companies". China Southern confirmed...

AVIONEWS - World Aeronautical Press Agency - 1078613
Rome, Italy, 08/31/2007 15:13
AVIONEWS - World Aeronautical Press Agency

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