China Eastern's absorption of Shanghai Airlines approved

China Eastern Airlines announced (29-Sep-2010) that the absorption of Shanghai Airlines Co Ltd by China Eastern Airlines Corporation Limited through a share exchange has been approved by China Securities Regulatory Commission. Shanghai Airlines has completed the procedures for transfer of the title registration certificates for certain of its aircraft and the procedures for transfer of the lease agreements for most of its aircraft under operating leases. It has also submitted applications to the Trademark Office of The State Administration for Industry and Commerce for the transfer of its trademarks and trademark applications. [more]