China Eastern Airlines has begun to soften its stance on a possible investment by Air China and now says it plans to take seriously a cooperation with CA if Singapore Airlines, whose bid for a stake was rejected by minority shareholders last week, remains involved. "We are talking with Singapore Airlines every day," China Eastern Board Secretary Luo Zhuping said yesterday, noting that CA's stated intention to purchase a no-more-than-30% stake in CEA for at least HK$5 ($0.64) per share has ...

Subscribe to Access this Entire Article

"China Eastern ready to listen to Air China" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.