Eastern Airlines: No More Government Capital Injection
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China Eastern Airlines (CEA), a key air carrier in China, has clarified that CEA didn't receive any additional capital from the central government after the previous 7 billion yuan (US$1.02 billion) capital injection.
The statement was made Monday in response to recent media report that CEA got an additional 2 billion yuan from the government.
(Xinhua News Agency March 10, 2009)