Two leading Chinese carriers, China Eastern Airlines (CEA) and China Southern Airlines, announced they will get 3 billion yuan (441.2 million U.S. dollars) state bail-out respectively. CEA said in a statement filed with the Shanghai Stock Exchange... ...full story at People's Daily
from People's Daily on Thu, Dec 11 2008
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| 30 Apr 08 |
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China Eastern Pilot Arbitrated to Pay 1.33 Million Yuan »
YouTube video A pilot who quit his job in China Eastern Airlines was sued by the company for breach of their contract. His former employer is asking for 6.6 million yuan in compensation. The second arbitration ruled that the pilot should pay 1.33 million yuan in... |
| 10 Mar 09 |
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Eastern Airlines: No more gov't capital injection » People's Daily China Eastern Airlines (CEA), a key air carrier in China, has clarified that CEA didn't receive any additional capital from the central government after the previous 7 billion yuan (1.02 billion U.S. dollars) capital injection. The statement was... |
| 18 Nov 08 |
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Airlines perk up on reports of govt aid » People's Daily SHANGHAI: Bolstered by a media report that two of China's leading airliners will get a cash injection from the central government, airline shares posted a sharp rally yesterday, with Air China, China Eastern Airlines, China Southern Airlines, Shanghai... |
| 17 Nov 08 |
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Two Chinese airlines expected to receive 3 bln yuan from government each » People's Daily Two Chinese airlines, China Eastern Airlines Group and China Southern Airlines Group, are each expected to obtain 3 billion yuan from the government, according to the news from Shanghai Securities News. The news also analysed that Chinese domestic... |
| 30 Dec 08 |
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China Eastern Airlines to get 7 bln yuan capital injection » People's Daily China Eastern Airlines, a key aircarrier in China, announced on Monday it will get a total capital injection of 7 billion yuan through issuing more A and H shares to its holding company China Eastern Air Holding Company. The company said it... |
| 30 Dec 08 |
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7 billion yuan injection for China Eastern » Danwei From China Daily: China Eastern Airlines, a key air carrier in China, announced on Monday it will get a total capital injection of 7 billion yuan through issuing more A and H shares to its holding company China Eastern Air Holding Company. ... |
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