China Eastern Airlines and the Wuhan government are providing an injection of capital into China Eastern Wuhan Airlines. Parent company China Eastern is investing CNY1.05 billion ($165.8 million) into its Wuhan subsidiary, while the government is putting in CNY700 million. The airline hopes the move...
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CONGLOMERATE AIRLINE EXPECTED TO BE FORMED IN THE ISLANDS
By
Dino D'Amore
20th January 2011