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   Vol. 14  No. 86
Thursday October 29, 2015

China Consolidation

China Consolidated

     Air China and China Southern Airlines are shown here on a computer in Tianjin, China, on October 22, 2015. China is considering combining some operations of the nation’s three biggest airlines as part of a broad reform of its state-owned enterprises, according to people familiar with the move.
     According to sources, a plan to merge the cargo operations of Air China Ltd., China Southern Airlines Co., and China Eastern Airlines Corp. has been circulated among regulators in an effort to gauge their opinions.
     Other options include combining the passenger business of some or all of the three state-owned airlines, or completely combining at least two of the Big Three, the sources said.
     In any case, as 2015 continues all options are still on the table and no decision has been made.
Geoffrey

 

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