Merger a Possibility: Airline – China Daily

China Daily reports that “ says joining with rivals is an option, as profit rises 240%,” via China.org:

The mainland’s largest freight carrier Air China Ltd said yesterday it would not rule out the possibility of merging with rivals including China Southern to raise its competitiveness.

Air China President Cai Jianjiang made the remarks in response to speculation that the country’s three largest airlines might be restructured. Cai said the mainland’s aviation industry is looking into the issue, “but we have yet to make a submission to the central government to express our view”….[Full Text]

Categories :

Tags :,

SUPPORT CDT

CDT on Twitter

Google Ads 1

CDT EBOOKS

Giving Assistant

Amazon Smile

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.