Air China 737-800. Courtesy, Boeing The Chinese government provided Air China (CA) with a CNY1 billion ($156.7 million) capital injection to allow the carrier to increase its holding in Cathay Pacific Airways (CX), according to a statement from CA released by the Shanghai Stock Exchange. CA and CX established a cross-shareholding deal in 2006. The most recent investment made by CA in the Hong Kong-based carrier was CNY6.34 billion in 2009 to expand its stake to 29.99%, making the ...

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