综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

EVA Air to invest in Eastern Airlines

Updated: 2010-12-16 08:19

(HK Edition)

  Print Mail Large Medium  Small

EVA Airways Corp, Taiwan's second-biggest carrier, agreed to invest 328 million yuan ($49 million) in China Eastern Airlines Corp's cargo unit as its mainland partner restructures freight operations following a takeover.

EVA will get a 16 percent stake in China Cargo Airlines following the deal and it will also quit a venture with Shanghai Airlines Co, the Taoyuan, Taiwan-based carrier said in a stock exchange statement Wednesday. China Cargo plans to raise a total 2.05 billion yuan, according to the statement.

The deal paves the way for China Eastern to combine three cargo carriers following its takeover of Shanghai Air in January. The Shanghai-based carrier expects to reach agreements with other venture partners, which include Singapore Airlines Ltd's cargo unit, this month, Board Secretary Luo Zhuping said December 6.

The EVA Air deal is part of the restructuring, Luo said Wednesday, declining to elaborate further on the progress of the plan. The carrier intends to combine the operations of China Cargo, Shanghai Air's freight business and of Great Wall Airlines Co. EVA owned 25 percent of the Shanghai Air freight venture.

China Eastern was due to receive its parent's 51 percent stake in Great Wall this year, Chairman Liu Shaoyong said in March.

Singapore Air's cargo unit owns 25 percent of Great Wall, while Temasek Holdings Pte, a Singapore state-owned investment company, holds the rest. China Eastern is already managing operations.

Bloomberg

(HK Edition 12/16/2010 page3)

疏附县| 德庆县| 新密市| 临颍县| 大关县| 瑞金市| 余江县| 乐陵市| 永丰县| 饶阳县| 贡觉县| 武城县| 房产| 临朐县| 三河市| 沿河| 讷河市| 辰溪县| 大同市| 郓城县| 县级市| 平谷区| 宁都县| 兰考县| 桃江县| 印江| 马公市| 岳西县| 察哈| 屏东市| 民乐县| 乌海市| 宁安市| 曲沃县| 宁海县| 大兴区| 宣恩县| 西藏| 海盐县| 马尔康县| 甘南县|