Sichuan Airlines buys private carrier
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Private Chinese carrier, United Eagle Airlines, has been taken over by state-owned Sichuan Airlines, Xinhua reported a company spokesperson as saying.
Sichuan Airlines has injected CNY188 million (US$27.5 million) into the Chengdu-based airline to expand its stake from 20 to 76%. United Eagle has reportedly suspended 14 of its 23 domestic routes since January due to “management problems”.
“United Eagle was affected by the
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