China Eastern not to ally with Air China

9th Jan 2008

China Eastern Airlines, Chairman Li Fenghua reiterated that the company will not merge or restructure with Air China under any circumstances, after a sales proposal to sell stakes to Singapore Airlines was rejected by 77.6 per cent of shareholders on Tuesday.China Eastern and Air China are at the same level in terms of operation, management and market performance, so we will not consider introducing Air China as our strategic partner no matter how high the price they can offer, said Li at a press briefing after the shareholders meeting.


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