China Eastern 737-700. By Rob Finlayson Shanghai-based China Eastern Airlines (MU) has purchased a 20% stake in China United Airlines (KN) from parent company China Eastern Air Holding, giving it 100% ownership of KN.   Through this transaction, MU aims to further expand into the Beijing market, according to industry analysts. Beijing-based KN was launched in 2004 with a registered capital of CNY100 million ($15.8 million). MU held an 80% stake and China Aviation Supplies ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.

Already registered? here.