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 ...

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