Dogfight in China's airspace: tie-up spat shows unusual discord by state carriers

Article Abstract:

China National Aviation Holding Co. has announced plans to vote against an agreement by China Eastern Airlines Corp. to sell a 24% stake to air carrier Singapore Airlines Ltd. and state-owned investment firm Temasek Holdings Private Ltd. The deal is valued at $923.8 mil. China National is a minority stakeholder in China Eastern. The move may signal that there are opposing views within China's government regarding how the nation's aviation business should be managed.

Management dynamics, Investment Offices, Investment Companies, Open-End Investment Funds, Investment Funds & Trusts, Management, Political aspects, Company business management, Temasek Holdings Private Ltd., China National Aviation Holding Co.

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Singapore Air's deal to buy piece of China Eastern stokes competition

Article Abstract:

China Eastern Airlines Corporation Ltd. has agreed to sell Singapore Airlines Ltd. a stake, giving Singapore Airlines entry into China's domestic routes and access to its outbound international passengers. Although specifics have not yet been finalized, Chinese law caps foreign-ownership stakes at 25%.

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Singapore Air seeks a piece of China's bright market

Article Abstract:

Singapore Airlines Ltd. is involved in advanced talks with China Eastern Airlines Corporation Ltd. regarding the purchase of a stake in the Chinese carrier. China's law limits investor stakes in Chinese airlines to 25%; Singapore has indicated the stake it seeks is less than that.

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