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Fitch rates China Eastern “B+” |
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Written by Administrator
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Wednesday, 05 September 2007 |
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BEIJING, Sept. 5 (InfoChina) – Fitch has given a “B+” rating and stable outlook on China Eastern (NYSE: CEA, HK: 0670, SH: 600115), believing that CEA will benefit from tie-up with SIA from a financial perspective in the short term but longer-term operational benefits are dependent on what SIA can bring to CEA. |
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Market positive towards China Eastern’s co-op with SIA |
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Written by Administrator
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Tuesday, 04 September 2007 |
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BEIJING, Sept. 3 (InfoChina) – China Eastern Airlines (NYSE: N, HK: 0670, SH: 600029) received positive responses from investors in the Hong Kong market and domestic A-share market Monday, with its H-share price jumping 6.53 HK dollars or 75.067 percent and its A-share price surging by the daily limit-up of 10 percent all day, after setting out a definite cooperative partnership with Singapore Airline and Temasek. |
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China Eastern Airlines sees doubled net profits in H1 |
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Written by Administrator
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Tuesday, 04 September 2007 |
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BEIJING, Sept. 3 (InfoChina) -- China Eastern Airlines, a leading air carrier in the country, realized 58.21 million yuan (7.7 million U.S. dollars) in net profits in the first half of this year, up 104.36 percent over the same period of last year, according to the company's interim report. |
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China Eastern, Singapore Airlines announce strategic investment, partnership framework |
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Written by Administrator
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Tuesday, 04 September 2007 |
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BEIJING, Sept. 3 (InfoChina) -- China Eastern Airlines (CEA), one of the country's leading carrier, announced on Sunday it will sell a 26-percent stake to Singapore Airlines Limited ("SIA"). |
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China Eastern’s proposed tie-up with SIA to fruit in Sep. |
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Written by Administrator
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Thursday, 30 August 2007 |
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BEIJING, Aug. 30 (InfoChina) – China Eastern Airlines (NYSE: CEA, HK: 0670, SH: 600115) in its report on interim results 2007 said that the airline would be able to unveil the plan to let in Singapore Airline as strategic partner in September, and its A-share trading, which has been suspended since May 22 for this matter, will be resumed. |
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