www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

Air China parent seeks partnership, not merger, with China Eastern

(Xinhua)
Updated: 2008-01-10 17:15

BEIJING - China National Aviation Holding Company (CNAHC), parent of flagship carrier Air China, will seek a partnership, rather than a merger, with China Eastern Airlines (CEA) in its counter-offer for the rival carrier.

CNAHC also said it would, as promised, submit the bidding within two weeks of the rejection to CEA's proposed 24 percent stake sale to Singapore Airlines (SIA) and Lentor Investments, a unit of the Singapore state investment company Temasek.

Minority shareholders voted against SIA's bidding on Tuesday after CNAHC's wholly-owned subsidiary, China National Aviation Corp. (Group) (CNAC), said it planned to buy 24 to 30 percent of CEA's shares at five H.K. dollars (64 U.S. cents) apiece, 32 percent higher than SIA's offer price of 3.8 H.K. dollars.

The counter-offer would include terms on shareholding arrangement, business integration and the building of Shanghai's aviation hub, Xinhua-run Shanghai Securities News quoted an unnamed CNAHC official as saying on Thursday.

It would also reflect the long-held concept of Li Jiaxiang, former CNAHC's general manager and Air China's board chairman, for the joint running of overlapping flights, combined cargo transport subsidiaries and a cross-shareholding arrangement between the two carriers, the official stated.

The two central government-owned airlines could still maintain independent operation and their own brands, the official added.

Li, new head of the General Administration of Civil Aviation of China, the industry regulator, had been longing for an alliance with CEA to gain more access to the Shanghai market, a move aimed at building Air China into a "super carrier" to better vie with foreign rivals for larger market share.

CEA had a dominant 36 percent share of Shanghai's aviation market, compared with 12 percent of the Beijing-based Air China.

Compared with SIA's bid, Air China's tie-up plan could better help the two major airlines boost efficiency by jointly arranging flights, many of which overlapped, and to improve the competitive edge of the nation's aviation industry, said Li Lei, analyst with China Securities.

Hong Kong leading carrier, Cathay Pacific, may not take CEA stake with the counter-offer. But the possibility of its involvement in the business integration and management could not be ruled out, an unnamed CNAHC official said.

   1 2   


Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 午夜寂寞福利 | 日本特黄特色视频 | 欧美精品片 | 日韩99 | 色久在线| 国产欧美日韩精品第二区 | 美国欧美一级毛片 | 国产一级免费片 | 久久九九精品视频 | 亚洲 欧美 精品专区 极品 | 黄影| 在线视频观看免费视频18 | 免费国产a国产片高清 | 成人精品一区二区久久久 | 色碰碰 | 国产亚洲视频在线播放大全 | 欧美一级三级 | 精品欧美高清不卡在线 | 美女黄网站视频 | 精品一区二区三区在线视频 | 久久亚洲精品视频 | 亚洲制服欧美自拍另类 | 亚洲欧美在线一区二区 | 九九久久久久午夜精选 | 久草在线新首页 | 久久久久国产精品 | 高清国产精品久久 | 中文在线最新版天堂 | 精品videosex性欧美 | 欧美一级毛片欧美一级 | 男人天堂网在线观看 | 国产精品成久久久久三级 | 日b毛片| 精品国产成人三级在线观看 | 性做久久久久久久免费观看 | 亚洲欧美日韩久久精品第一区 | 一级毛片免费播放 | 久久影院一区二区三区 | 亚洲性色视频 | 麻豆国产96在线 | 日韩 | 亚洲综合第一欧美日韩中文 |