News That Matters

Rescue of Eastern Airlines: China-owned entities to inject $4.6B

China Eastern Airlines will receive a financial injection of $4.6 billion (¥31 billion) from four different state-owned companies as part of the airline’s equity diversification plan. The support should also help the airline to reduce the financial loss suffered since the beginning of the pandemic.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *