Air Transport World

China Eastern Airlines.(ASIA/PACIFIC Report)(Brief article)

China Eastern Airlines formally rejected Air China's bid to raise its stake in the Shanghai-based carrier from 12% to just over 26% at the end of February and said it will continue its search for a strategic investor with a continued preference for Singapore Airlines.

CEA will be the first of the country's big three carriers to expand into the regional market following CAAC's approval of its 40/60 joint venture with AVIC I, Happy Air. …

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