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.
In what may prove a crucial contact, SITA is working with CNAC
on boosting operational capabilities in several key areas, including participation on trials of the new digital ATC systems.
is reportedly holding merger talks with China Southwest.
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.
East Star Airlines was forced to suspend operations Sunday by CAAC owing to its heavy debt burden and the collapse of a stake sale deal with Air China parent CNAC
The deal is also reportedly conditional upon CNAC
completing its 9 June agreement to sell its 43.
In addition to major retrospectives of Max Ernst, Andre Masson, and Francis Picabia at the Grand Palais, I organized a big Vladimir Mayakovsky show at CNAC
, the space on Rue Berryer near L'Etoile.
The company is 51% owned by Air Macau and the balance by CNAC
whose investors China National Aviation Company and local gambling interests.
According to a spokeswoman for Air China Ltd, the owner of 69% of CNAC
(HK), the company considers the report on the matter in Hong Kong's Standard newspaper to be price-sensitive and the company has applied for a trading suspension pending clarification.
Profitant de la credulite des gens, il promettait a ses victimes des postes d'emploi et des projets dans le cadre de l'Ansej et de la CNAC
moyennant des sommes d'argent.