China Eastern Gets USD4.6 Billion Boost

China Eastern Airlines is set to receive a $4.6 billion cash boost

China Eastern Airlines is set to receive an injection of cash, totalling $4.6 billion.

The cash boost will come from four new investors – China Tourism Group, China Reform Holdings, China Life Investment Holding Limited and Shanghai Jiushi Group.

The airline previously reported a net loss of 8.5 billion yuan for the first half of 2020.

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