The Board of Directors of China Eastern Airlines has approved the non-public issuance of shares to raise RMB 15 billion, of which two-thirds will be used to finance the purchase of 38 new aircraft. The issuance of no more than 5.6 million shares was approved on May...
It is months away before a formal request for proposals is issued but manufacturers are already angling for looming opportunities at flag carrier Uganda Airlines. The airline is feeling an acute gap in its fleet that it wants to be filled by what is being generally...
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