China Eastern Airlines yesterday continued to hope that it could secure Singapore Airlines as a strategic investor even though its stake sale deal expired officially on Saturday. CEA noted in a statement that the deal, reached last September, was "automatically terminated owing to the preconditions for implementing the agreement had not been satisfied by the deadline." Board Secretary Luo Zhuping yesterday said that the sale's revival depends on acceptance by the carrier's shareholders and ...

Subscribe to Access this Entire Article

"China Eastern/SIA stake deal expires but isn't dead" 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?

Already registered? here.