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China Eastern to get 7b yuan capital injection

(Xinhua)
Updated: 2008-12-30 09:49

Related readings:  China Eastern may seek further govt assistance  China Eastern names rival chief as director  China Eastern loses 1.8 billion on fuel contracts

China Eastern Airlines, a key air carrier in China, announced on Monday it will get a total capital injection of 7 billion yuan ($1.02 billion) through issuing more A and H shares to its holding company China Eastern Air Holding Company.

The company said it revised its original plan, which targeted 3 billion yuan of capital injection.