China Eastern Airlines Group is taking an up to 8.6% stake in privately-owned Juneyao Airlines by acquiring newly issued shares. The move will deepen cooperation between China Eastern and Juneyao owner Juneyao Group, China Eastern Airlines Group said. The two airlines already codeshare. Juneyao Group said in July it would invest in China Eastern Airlines Corp., the listed operating subsidiary of China Eastern Airlines Group. Juneyao Airlines and China Eastern are both based in Shanghai. ...

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