China Eastern, Juneyao To Make Reciprocal Investments

Credit: Rob Finlayson
BEIJING—China Eastern Airlines and Juneyao Airlines have announced plans to deepen cooperation and take large shares in each other’s equity. A key effect of the move will be to reduce competition at Shanghai, since both airlines are based there. Together they will have more than 50% of the Shanghai...
Bradley Perrett

Bradley Perrett covered China, Japan, South Korea and Australia. He is a Mandarin-speaking Australian.

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