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China Eastern to commence introduction of strategic investors in 2010

24-May-2010 11:58 AM

China Eastern Airlines Chairman, Liu Shaoyong, stated the carrier hopes to commence preparatory work for the introduction of strategic investors this year, according to China Business News (China Daily, 22-May-2010). Mr Liu added "internationally renowned carriers with experience in management" will be the carrier’s first choice, but he also welcomes financial investors. China Eastern previously sought Singapore Airlines as a strategic investor but the plan was terminated in 2008.