|
BIZCHINA> Top Biz News
![]() |
|
China Eastern group may get 2b yuan injection
(Agencies)
Updated: 2009-03-10 12:04 The parent of China Eastern Airlines, is likely to receive a capital injection of 2 billion yuan ($292 million) from the government, the official Shanghai Securities News quoted a senior official of the company as saying.
China Eastern Airlines, one of the country's three biggest carriers, has received a capital injection of 7 billion yuan from the government. There is no timetable as to when the funds would be injected into the listed company, said Luo Zhuping, board secretary of China Eastern. After years of robust growth, China's airlines face declining passenger demand and intensifying competition as the economy slows from the impact of the global financial crisis. But Liu Shaoyong, chairman of China Eastern, said domestic air traffic could be on its way to recovery later this year. (For more biz stories, please visit Industries)
|
|||||
泰安市| 翁牛特旗| 汾阳市| 探索| 南川市| 集贤县| 宜兰县| 资兴市| 大兴区| 中山市| 尼勒克县| 萍乡市| 腾冲县| 扎赉特旗| 张家界市| 呼图壁县| 景德镇市| 陕西省| 建德市| 綦江县| 游戏| 绥棱县| 仁化县| 安平县| 辉南县| 临颍县| 三亚市| 眉山市| 嘉峪关市| 天气| 闵行区| 永定县| 邵阳县| 武威市| 镶黄旗| 克什克腾旗| 格尔木市| 南开区| 长治市| 石柱| 连山|