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Article: Bid for China Eastern made by Air China.(Eastern Airlines Corp)(China National Aviation Corp Group)(Brief article)
- Article from:
- Airline Industry Information
- Article date:
- January 21, 2008
CopyrightCOPYRIGHT 2008 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AIRLINE INDUSTRY INFORMATION-(C)1997-2008 M2 COMMUNICATIONS LTD
An offer of USD1.9bn for 30% in China Eastern Airlines Corp was made on Monday (21 January) by China National Aviation Corp Group (CNAC), the parent company of Air China Ltd.
According to a statement issued by CNAC, the alliance would position Air China and China Eastern as 'leading airlines' in ...