Strategic investment in China Eastern would make Air China dominant
Air China is poised to become the worldâ€™s sixth-largest airline, outranking Northwest Airlines and British Airways, as its parent prepares to bid for control of struggling China Eastern. The parent company says it plans comprehensive cooperation between the two airlines, not a full merger, but analysts note that integration of the businesses is the most logical and likely outcome, even if the separate brands survive, as is the case with Air France-KLM. So if the financial and ...
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