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China Eastern and Shanghai Airlines confirm merger
Shanghai, China - Detailes will be unveiled in next days
The two Chinese airlines China Eastern and Shanghai Airlines reached an agreement in principle on the guidelines of a merger that will bring them to acquire more than 50% of Shanghai's passenger market, one of the main of the country, that some think is going to overcome Beijing by 2015. The announcement has been given by China Eastern president Liu Shaoyong. "We're discussing the merger and a timetable...
AVIONEWS - World Aeronautical Press Agency - 1105838
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency