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| Saturday, August 30, 2008 05:46:48 |
East Star Deal with Airbus Not Yet Approved
Earlier this week East Star, a private
Chinese airline based in Hubei
Province, signed an
agreement to purchase and lease aircraft from Airbus. Now The Beijing News reports that the General Administration of Civil
Aviation (CAAC) has not yet given its stamp to the 12 billion yuan (US$1.48
billion) deal.
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