Credit: Boeing
China Eastern Airlines will issue 2.5 billion privates shares to its parent China Eastern Air Holdings, in a bid to raise CNY10.8 billion ($1.67 billion) and improve the company’s financial stability. The move comes as China’s second-largest airline forecasts a loss between CNY9.8 billion and CNY12...
Subscription Required
China Eastern Airlines To Issue $1.7B In Private Shares is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.
Related Content
