Macau local government has shored up Air Macau books with a MOP700 million ($89 million) capital injection raised from selling 420,420 new shares.
The Macau government is now the second largest stakeholder in the airline next to Air China, which holds 80.9%.
Related posts
INDIAN AIRLINES TO LOWER FARES IN LINE WITH COMMERCIAL CARRIERS
By
Dino D'Amore
17th December 2010