COMAC to purchase United Eagle stake to boost aircraft sales
Commercial Aircraft Corp. of China last week agreed to purchase a 48% stake in Sichuan Airlines subsidiary United Eagle Airlines in order to facilitate the sale of its ARJ21 and C919 aircraft. A COMAC source told ATWOnline that the manufacturer will invest CNY1 billion ($146.3 million) in Chengdu...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
