CHINA Eastern Airlines is taking steps to improve its performance, such as seeking strategic investors and widening its flight network, to help build Shanghai into an international air hub after finalizing its takeover of Shanghai Airlines.
Shanghai-based China Eastern yesterday announced the formation of a bigger carrier with operating capital of more than 150 billion yuan (US$21.96 billion), a fleet of 331 aircraft and more than 600 routes that link 151 destinations by taking over its smaller local rival via a share swap.
Shanghai-based China Eastern yesterday announced the formation of a bigger carrier with operating capital of more than 150 billion yuan (US$21.96 billion), a fleet of 331 aircraft and more than 600 routes that link 151 destinations by taking over its smaller local rival via a share swap.
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