Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service
China Eastern to takeover Shanghai Airlines by the end of the year
Shanghai, China - The deal is worth US$1.32 billion
Shanghai Airlines' takeover by China Eastern, one of the three main airlines of China, will be completed by the end of the year, as announced yesterday by China Eastern president Liu Shaoyong. This would end the operation announced in recent months, that is expected to give the new joint-venture 50% control of Shanghai's air traffic market, the financial core of the country (see AVIONEWS). The transaction...
AVIONEWS - World Aeronautical Press Agency - 1111793
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency