Market News Comments

China Eastern Airlines (CEA)

China Eastern Airlines (NYSE:CEA) has signed a multi-million dollar deal with Sabre to provide its Sabre AirVision Network planning & scheduling solutions to the airline, according to Travel Blackboard. Shanghai-based CEA, one of China’s largest airlines, recently gained approval for the acquisition of Shanghai Airlines
In addition to its takeover of Shanghai Airlines, CEA has also signed a firm order of 16 Airbus A330s to be delivered between 2011 and 2014. These new planes will be used mainly on routes to Europe, the US and Australia. While facing fierce competition in the domestic network, CEA is bullish about its international plans.

Mar 8 · 3:19:00 PM · Source: Travel Blackboard
Track · email · face · Twitter · digg · COMMENTS
by Steve Wieczorek

Post a Comment

COMMENTS:

Copyright © 2010 MarketBeast.com.
All rights reserved.