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Air China, Shenzhen to combine on shuttle service

Air China plans to deepen its cooperation with Shenzhen Airlines, in which it plans to acquire a majority stake, through the April 8 launch of a shuttle service between Beijing and Shenzhen. CA's CNY682.1 million bid to increase its share in Shenzhen to 51% still awaits government approval

Air China plans to deepen its cooperation with Shenzhen Airlines, in which it plans to acquire a majority stake, through the April 8 launch of a shuttle service between Beijing and Shenzhen. CA's CNY682.1 million bid to increase its share in Shenzhen to 51% still awaits government approval (ATWOnline, March 23). PEK-SZX is one of China's most profitable business routes. CA operates nine daily services while ZH operates six. Guangzhou-based China Southern Airlines, which plans to increase ...

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