The Chinese government has given Air China (CA) a CNY50.7 million ($8.04 million) capital injection for the carrier’s sustainable development.
Air China 747-400. By Rob Finlayson The Chinese government has given Air China (CA) a CNY50.7 million ($8.04 million) capital injection for the carrier’s sustainable development. According to a CA statement released by the Hong Kong Stock Exchange Tuesday, the funds will be used to install winglets on its fleet and improve fuel efficiencies of its aircraft engines. It is the first time the Chinese government has funded the domestic carrier’s environment protection ...
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