Published on ShanghaiDaily.com (http://www.shanghaidaily.com/)

http://www.shanghaidaily.com/sp/article/2008/200810/20081015/article_376875.htm

Airline deal

Created: 2008-10-15

CHINA Eastern Airlines Corp may buy a 60 percent stake of its smaller rival Shanghai Airlines Co, China Business News said, citing unidentified people in the industry. China Eastern may get a capital injection from the government to buy the stake, the Shanghai-based newspaper said. A merger of the airlines, which are both based in Shanghai, will help reduce competition.

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