China Eastern Airlines A330-300. By Rob Finlayson China Eastern Airlines (MU) chairman Liu Shaoyong has called on the Chinese government to make an $18 billion-$20 billion capital injection into China’s big three state-owned carriers to alleviate increasing financial pressure. The debt ratio of China’s big three airlines—Shanghai-based MU, Guangzhou-based China Southern Airlines (CZ) and Beijing-based Air China (CA)—all reportedly exceed 70%. All three ...

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