China Eastern Airlines signed a letter of intent Friday in Shanghai to join SkyTeam, a move industry analysts said would allow it to establish a closer relationship with China Southern Airlines and better position it to compete against Air China. CEA is expected to sign a formal alliance agreement with SkyTeam in June setting its official entry into the airline grouping for mid-2011. Its decision to join SkyTeam is a disappointment to Star Alliance and oneworld, both of which had been ...

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