07-Dec-2009 12:19 PM

Air China increases stake in Air Macau to 81%; Korean Air orders five B747-8s

Analysis

Air China's Board has approved another capital injection into troubled Air Macau. The Beijing based airline will contribute USD19.9 million to the share capital of Air Macau, increasing its shareholding in Air Macau from 51% to 80.9%. Air China's shares were down 1.6% on Friday.

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Air China increases stake in Air Macau to 81%; Korean Air orders five B747-8s

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