Air China holds talks with bankers on Austrian Airlines stake

According to the paper, a representative of Chinese investment bank China International Capital Corporation (CICC) also participated in the talks. AUA is due to report second-quarter results on Tuesday.
 
Two weeks ago, Air China's acting chairman Kong Dong said the company, which is trying to find a partner in western Europe, is looking at AUA, the paper added. The Austrian government holds 43% in AUA, which employees 8,000 people.

Date posted: 29-Jul-08

In-depth analysis of the Chinese airline and airport sectors, including latest traffic and financial reports and outlooks, is available each month in the Monthly Essential China.

 

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