China Eastern Airlines A320. By Rob Finlayson China Eastern Airlines (MU) is expected to raise CNY3.6 billion ($568 million) by selling nearly 1.4 billion new shares on the Hong Kong and Shanghai stock exchanges to its parent company China Eastern Air Holding. The transaction will ease its heavy debt burden, enabling the carrier to pay off loans and add to its working capital, paving the way for an ambitious fleet expansion. MU chairman Liu Shaoyong said previously the carrier was ...

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