Air China gets capital injection from Beijing to increase Cathay stake
Posted 02/09/2011
The Chinese government provided Air China (CA) with a CNY1 billion ($156.7 million) capital injection to allow the carrier to increase its holding in Cathay Pacific Airways (CX), according to a statement from CA released by the Shanghai Stock Exchange.
Originally published 2 Sep 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/xwhQ1W_lWX8/air-china-gets-capital-injection-beijing-increase-cathay-stake-0901
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