Cathay Pacific, Air China back off China Eastern share purchase

Cathay Pacific Airways abruptly backed away yesterday from its proposed bid to buy a stake in China Eastern Airlines that could have trumped the share sale agreement between CEA and Singapore Airlines. SIA and its parent Temasek earlier this month agreed to purchase 15.7% and 8.3% stakes...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.