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Thomson / Gale

Manufacturing Industry

Swire Pacific and China Eastern Airlines express interest in airport investment

Airline Industry Information,  April 1, 2005  

AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD

Swire Pacific and its joint venture partner China Eastern Airlines have expressed an interest in the Zhengzhou city airport in Henan province, China.

The two partners have reportedly held initial talks with the airport regarding a stake in the business, though there have reportedly been no further meetings after the first one and no agreement regarding an investment has been made.

An agreement would be the joint venture's first investment, according to Reuters.

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COPYRIGHT 2005 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning