Cathay Pacific backs Air China bid for China Eastern stake

Aviation

Wednesday, October 08, 2008 00:26:34

	Cathay Pacific backs Air China bid for China Eastern stake By STAFF EDITOR Published: January 18, 2008 12:00 PM Cathay Pacific Airways said Thursday it will endorse China National Aviation Holding Company’s (CNAHC) attempt to buy a stake in China Eastern Airlines, the Shanghai Business Journal reported. CNAHC, the parent of Air China, last week was p-art of a group of minority shareholders in China Eastern that voted against the airline’s plan to sell a 24% stake to Singapore Airlines and Temasek Holdings for US$920 million, ... You are currently reading 71 words of 216 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: airline , China Aviation , Air China	More Articles in Aviation > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Hainan Airlines restructures department stores Hainan Airlines pairs up with Yunnan government to rival Eastern Airlines Jumbo jet project relies on foreign components China needs 2800 planes by 2026: Airbus Changhe Automobile shifts to aviation to avoid delisting Air China IH revenues up 5.5% to $3.55b Jiangxi to develop aviation hub

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