Sanonda is currently controlled by CNAC
, which owns approximately 20.
The fund doubled its earnings in 2015, so we've been able to counteract the impact of the current hyperinflation," says CNAC
president Juan Carlos Lossada.
It held that the tax-free distributions from CNAC
had economic consequences since they reduced the shareholders' ability to deduct their share of future losses of CNAC
and reduced CNAC
The Associated Press reported that China Eastern stated that it 'doubted the sincerity of the CNAC
offer', which was made in a letter that reportedly did not contain the endorsement of the company's directors.
is a Hong Kong-listed company owned by Air China and holds a 43.
Cathay Pacific is expected to buy out the stakes held in Dragonair by Swire Pacific, CITIC Pacific and CNAC
through a combination of cash and share issues,'' the daily said.
With the devolution of absolute control from the CNAC
down to the regions and airports, we are seeing much more local initiative, and the CNAC
wants to encourage such local participation in the airports,' says Stewart.
To meet that challenge, the investment applications sent to the CNAC
since its launch, in 2004, to help project holders aged between 35 and 50 years, are to be considered, he underlined.
Air China parent CNAC
intends to move forward with its acquisition of a stake in East Star Airlines despite the Wuhan-based carrier's "strong opposition" to its "forceful purchase.
Cathay said its CNAC
stake is valued at more than HK$181 million ($23.
Li Jiaxiang, Chairman of the Board, by holding CNAC
as a wholly-owned subsidiary, Air China is able to control its operation directly.
Nous apprenons, des sources bien informees aupres du CNAC
(Conseil National de l'Aviation Civile), qui etait ce matin en reunion pour statuer sur la demande de la compagnie Syphax Airlines pour reprendre ses activites, que [beaucoup moins que] le Conseil a discute ce qui lui a ete presente, en tenant compte de l'article 108 du Code de l'aviation civile et decide qu'il lui est impossible, pour le moment, de renouveler les autorisations (AOC et Permis de Navigabilite) de la compagnie Syphax Airlines [beaucoup plus grand que].