China Airlines Lands Hefty Profit In FAT Shares Sale
China Airlines realized a gross profit of more than NT$861.5 million (US$31.3 million) on the sale of part of its holding in domestic Taiwan carrier Far Eastern Air Transport (FAT) to Taiwan Aerospace Corp. and Fubon Insurance. CAL said it plans to use the money to acquire aircraft and for other...
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.
Related Content
