China Eastern-SIA deal nears
China Eastern Airlines’ H shares have surged by almost
30% in the past week to their highest close since listing in Feb-97, on reports
it is in final (price) negotiations with Singapore Airlines (SIA) over the sale
of strategic stake (probably up to 25%). State-owned China National Aviation
Corp is aggressively buying China Eastern shares, possibly as part of moves
by Beijing to retain majority control of the airline ahead of a possible sale
to SIA.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.