国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

EVA Air to invest in Eastern Airlines

Updated: 2010-12-16 08:19

(HK Edition)

  Print Mail Large Medium  Small

EVA Airways Corp, Taiwan's second-biggest carrier, agreed to invest 328 million yuan ($49 million) in China Eastern Airlines Corp's cargo unit as its mainland partner restructures freight operations following a takeover.

EVA will get a 16 percent stake in China Cargo Airlines following the deal and it will also quit a venture with Shanghai Airlines Co, the Taoyuan, Taiwan-based carrier said in a stock exchange statement Wednesday. China Cargo plans to raise a total 2.05 billion yuan, according to the statement.

The deal paves the way for China Eastern to combine three cargo carriers following its takeover of Shanghai Air in January. The Shanghai-based carrier expects to reach agreements with other venture partners, which include Singapore Airlines Ltd's cargo unit, this month, Board Secretary Luo Zhuping said December 6.

The EVA Air deal is part of the restructuring, Luo said Wednesday, declining to elaborate further on the progress of the plan. The carrier intends to combine the operations of China Cargo, Shanghai Air's freight business and of Great Wall Airlines Co. EVA owned 25 percent of the Shanghai Air freight venture.

China Eastern was due to receive its parent's 51 percent stake in Great Wall this year, Chairman Liu Shaoyong said in March.

Singapore Air's cargo unit owns 25 percent of Great Wall, while Temasek Holdings Pte, a Singapore state-owned investment company, holds the rest. China Eastern is already managing operations.

Bloomberg

(HK Edition 12/16/2010 page3)

南雄市| 南昌市| 吉隆县| 北海市| 建湖县| 陵水| 安多县| 上饶县| 哈密市| 广饶县| 安西县| 拜泉县| 资中县| 灵寿县| 万安县| 合山市| 台湾省| 新沂市| 宣恩县| 白朗县| 宜兰县| 开鲁县| 芜湖县| 栖霞市| 万州区| 蒙自县| 南郑县| 乳源| 和平区| 龙井市| 沂源县| 南召县| 资源县| 忻城县| 安化县| 綦江县| 万宁市| 南澳县| 上饶市| 海盐县| 盖州市|