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Air China to close East Star deal this month

By Diao Ying and Zheng Lifei (chinadaily.com.cn)
Updated: 2009-03-06 11:20

China National Aviation Holding Co (CNAHC), the parent company of Air China, will complete its acquisition of Wuhan-based East Star Airlines before the end of March, a top company official said Friday.

"The acquisition of East Star will be completed before the end of this month," Kong Dong, general manager of CNAHC and chairman of Air China, told China Daily on the sidelines of the Chinese People's Political Consultative Conference (CPPCC).

Air China, the country's flagship carrier, will strengthen its operation in Central China after the deal, Kong said.

Established in 2006, East Star Airlines is the fourth private carrier in China and operates about 20 routes from Wuhan, capital of Hubei province.
 
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