23-Mar-2010 11:32 AM

Air China expresses interest in Spring Airlines stake: report

Spring Airlines Chairman, Wang Zhenghua, reportedly stated Air China has again expressed interest in acquiring an equity stake in the carrier (China-CBN.com, 22-Mar-2010). According to Mr Wang, Air China first expressed interest in Spring Airlines five years ago. Air China last week announced the acquisition of a majority stake in Shenzhen Airlines.