As the three global alliances angle for a foothold in the Chinese market, China Eastern Airlines is leaving its options open, preferring to identify a new strategic investor before committing to one of the groupings. The carrier told the Shanghai Securities Gazette that it is speeding up talks on selling off a 20%-25% stake to a new investor, likely a foreign airline that already may be an alliance member. "There is no need to rush now, as we don't want to disturb our ongoing negotiations," ...

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