China Eastern Airlines (MU) plans to introduce a strategic investor to adjust its capital structure, paving the way for internal integration and strategic restructuring, according to MU chairman Liu Shaoyong. The Shanghai-based carrier had planned to introduce Singapore Airlines as a strategic investor but was blocked by Air China (ATW Daily News, Feb. 12, 2010). “It is our focus to make internal integration this year,” Liu said. “First we need to adjust capital ...

Subscribe to Access this Entire Article

"China Eastern seeks strategic investor " 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? ATWPlus@penton.com.