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CHINA TO RESTRUCTURE AIRLINE INDUSTRY

CHINA, A restructuring plan of the civil aviation industry has been submitted to the State Council the China Business Daily reported. General Administration of Civil Aviation of China (CAAC) urged the airlines under its control to merge into three airline groups led by China Southern, China Eastern and Air China. The operation should boost competitiveness.

AVIONEWS - World Aeronautical Press Agency - 9589

AVIONEWS - World Aeronautical Press Agency
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