China Eastern Airlines Corp.'s shareholders are scheduled to vote in Shanghai on Jan. 8 on the company's plan to sell a 24% stake to Singapore Airlines Ltd. and Temasek Holdings Pte. Ltd. The Chinese airline said Sunday that holders of shares listed in Hong Kong Shanghai will vote at the same time.
If you travel in China, or if you plan to travel in China, keep your fingers crossed on this
one. Singapore Airlines is one of the best airlines, if not the best, in the world. China Eastern is not. It would be at the other end of the scale, perhaps a little ahead of Botswana Northern or something. This could only be positive for China Eastern.
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