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China: East Star Airlines towards bankruptcy

Beijing, China - The request brought to court by six creditors

Chinese press agency Xinhua issued the news that six creditors of East Star Airlines asked the court of Wuhan to start a bankruptcy procedure against the indebted airline. The government retired its flight licence on the last 15th of March (see AVIONEWS). In the late times East Star Airlines was under the eye of the great national carrier Air China, that declared itself interested in a possible...

AVIONEWS - World Aeronautical Press Agency - 1101980
Rome, Italy, 03/27/2009 15:12
AVIONEWS - World Aeronautical Press Agency

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